Reuters logo
BRIEF-Schlumberger sees no U.S. natgas drilling recovery this year
January 18, 2013 / 3:11 PM / 5 years ago

BRIEF-Schlumberger sees no U.S. natgas drilling recovery this year

Jan 18 (Reuters) - Schlumberger NV : * CEO says does not see a significant recovery in U.S. natural gas drilling

this year * CEO says lower rig activity in North America to create further pressure on

service margins there * CEO says expects US land rig count to rise by 100 to 150 rigs in Q1, based on

customer feedback * CEO says Saudi Arabia to add rigs in 2013, anticipating 160 operating there

by end of 2013 versus 134 at end-2012 * CEO says still aiming for double-digit growth in EPS in 2013, assuming no

major setbacks in North America, elsewhere

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below