Profile: Schlumberger NV (SLB.N)
29 Jul 2016
Schlumberger N.V., incorporated on November 6, 1956, is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company operates in the oilfield service markets through three groups: Reservoir Characterization, Drilling and Production.
Reservoir Characterization Group
Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources. These include WesternGeco, Wireline, Testing Services, Schlumberger Information Solutions (SIS) and Integrated Services Management (ISM). WesternGeco is a geophysical services supplier, providing across the world reservoir imaging, monitoring and development services. WesternGeco provides measurements and images of subsurface geology and rock properties. Wireline provides information to evaluate subsurface formation rocks and fluids to plan and monitor well construction, and to monitor and evaluate well production. Wireline offers both openhole and cased-hole services, including wireline perforating. Testing Services provides exploration and production pressure and flow-rate measurement services both at the surface and at downhole. The technology also provides tubing-conveyed perforating services. SIS sells software and provides consulting, information management and information technology (IT) infrastructure services that support core oil and gas industry. ISM provides coordination and management of Schlumberger services, products, and third-parties in projects around the world.
Drilling Group consists of the principal technologies involved in the drilling and positioning of oil and gas wells and consist of Bits & Drilling Tools, M-I SWACO, Drilling & Measurements, Land Rigs and Integrated Drilling Services. Bits & Drilling Tools designs, manufactures and markets roller cone and fixed cutter drill bits for all environments. M-I SWACO is a supplier of drilling fluid systems. M-I SWACO also provides engineered managed pressure drilling and underbalanced drilling solutions, as well as environmental services and products to manage waste volumes generated in both drilling and production operations. Drilling & Measurements provides mud logging services for geological and drilling surveillance, directional drilling, measurement-while-drilling and logging-while-drilling services for all well profiles as well as engineering support. Land Rigs provides land drilling rigs and related support services. Integrated Drilling Services encompasses the services necessary to construct or change the architecture (re-entry) of wells. This service covers all aspects of well planning, well drilling, engineering, supervision, logistics, procurement and contracting of third-parties, and drilling rig management.
Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Water Services, Integrated Production Services and Schlumberger Production Management (SPM). Well Services provides services, such as pressure pumping, well cementing and stimulation operations as well as intervention activities. Completions supplies well completion services and equipment that include packers, safety valves, sand control technology, as well as a range of intelligent well completions technology and equipment. Artificial Lift provides production equipment and optimization services using electrical submersible pumps, gas lift equipment, rod lift systems, progressing cavity pumps and surface horizontal pumping systems. Well Intervention develops coiled tubing equipment and services and provides slickline services for downhole mechanical well intervention, reservoir monitoring and downhole data acquisition. Water Services specializes in the development, management and environmental protection of water resources. Integrated Production Services encompasses the project scope necessary to maintain the production of single or multiple wells. SPM is a business model for field production projects.
5599 San Felipe St Fl 17
HOUSTON TX 77056-2790
Company Web Links
- Hess seeks over $40 mln from Schlumberger in valve dispute
- Hess seeks over $40 million from Schlumberger in valve dispute
- UPDATE 1-Hess seeks over $40 mln from Schlumberger in valve dispute
- Hess seeks up to $40 mln from Schlumberger in dispute over well valve
- BRIEF-Schlumberger sees fy 2016 capital expenditures to be about $2.2 bln