BNET Industries
Market Cap:$76.8B
Last Fiscal Year Sales:$27.5B
- Public
- US
Dow Jones Description
The world needs oil, and oil needs Schlumberger. Founded in 1927 and headquartered in New York, NY, Schlumberger Limited (NYSE: SLB) is a leading oilfield services concern. The company's Oilfield Services segment offers a full range of specialties, including seismic surveys, drilling, wireline logging, well construction and completion, and project management. Its WesternGeco segment provides reservoir imaging, monitoring, seismic monitoring, and development services. The company has annual revenue of about $14.3 billion and employs about 60,000 people, operating in 80 countries. In November 2005 the company acquired a minority share in Packers Plus Energy Services, a Canadian-based completions company. In May 2005 the company acquired the assets of Diamould Ltd, an oil and gas industry firm specializing in electrical, hydraulic and fiber-optic connector solutions, based in Barrow-in-Furness, Cumbria, UK.
Number of Employees 87,000
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Schlumberger Shares Rise as Analyst Upgrades Stock
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Credit Suisse upgrades Schlumberger to outperform
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STOCKS NEWS US-HP profit rises, matches pre-announcement
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Technip, Schlumberger partner on pipe project
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Schlumberger, Technip work on surveillance solutions
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Technip, Schlumberger Team Up for Deepwater ...
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Why Schlumberger Deserves a Closer Look
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Schlumberger SLB and Alstom SA Sign Agreement to Study Carbon Capture and Storage Systems
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Capital One Southcoast Upgrades Schlumberger SLB to Add
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Schlumberger Announces Fourth-Quarter and Full Year 2009 Results
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Schlumberger Ltd announces dividend of USD0.21 per common share
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Halliburton Leads Off and Smacks a Single
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to resell ERF Wireless WiMAX service
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Oil Patch Bits: Schlumberger, Chevron announce Intersect
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Sector Wrap: Shares of oil services companies rise
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BRIEF-RESEARCH ALERT-BMO starts U.S. oil services sector
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Schlumberger releases new data management software (SPE 2009)
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Schlumberger, Chevron Energy Technology release new reservoir simulation software (SPE 2009)
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National Oilwell Varco forms joint venture with Schlumberger
News & Analysis
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schlumberger ltd. and strategy - All News and Analysis
Schlumberger Limited Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-23
Question-and-Answer Session Operator Great. Thank you, sir. Operator Instructions Your first question comes from Bill Herbert - Simmons & Company International. Bill Herbert - Simmons & Company International Andrew, if you could provide us with some perspective, if you will, on two markets, one, Mexico. Clearly a lot...
Will Smith & W-H Energy Merger Imperil $4.4 Billion Drilling Fluids Venture?
BNET
- 2008-06-06
Oilfield service provider Smith International, in a total transaction valued at approximately $3.2 billion, is acquiring W-H Energy Services, a supplier of petroleum drilling tools with leading-edge technology in directional drilling. Although a win-win for both companies, concerns are being expressed that the deal would put at risk an existing...
Subsea Production Assurance
BNET
- 2004-05-24
The excessive expense and risk of subsea intervention have forced the industry to accept diminished performance and shortened life from subsea wells and is costing an estimated USD 10 billion in gross revenue each year. The continuous closed-loop system combines real-time data with scalable, integrated, pore-to-process systems to enable the...
Brownfields
BNET
- 2004-02-06
Brownfields?defined as mature fields in a state of declining production or reaching the end of their productive life?are regarded as potential "fountains of youth." In an industry climate marked by growing demand, ever-greater importance is placed on enhancing and prolonging an asset's productive maturity, maximizing its declining productivity, and postponing...
National Data Repository: The Tool to Preserve and Effectively Promote the National E&P Data Heritage
BNET
- 2003-01-01
The oil and gas industry is a high-risk arena. Its players operate within a turbulent market environment marked by changing commodity prices, high-stake investments and fluctuating technological, business and political influences. To secure international investment in their country's petroleum industry, national oil companies and government agencies are faced with the...
Schlumberger Updates Strategy for SchlumbergerSema Business Segment and Announces Charges.
- 2002-12-11
NEW YORK, NEW YORK, Dec 10, 2002 CCNMatthews via COMTEX NEW YORK, NEW YORK, Dec 10, 2002 CCNMatthews via COMTEX
Schlumberger Updates Strategy for SchlumbergerSema Business Segment and Announces Charges
- 2002-12-10
Business & Technology Editors
Wharton Infosys Business Transformation Awards salute Global 2000 enterprises and individuals; National Stock Exchange of India and Schlumberger among winners.
- 2002-05-22
M2 PRESSWIRE-22 May 2002-INFOSYS: Wharton Infosys Business Transformation Awards salute Global 2000 enterprises and individuals; National Stock Exchange of India and Schlumberger among winners C1994-2002 M2 COMMUNICATIONS LTD RDATE:05222002 NEW YORK -- Infosys (Nasdaq: INFY) and the William and...
Imaging Technologies Reduce Risks
BNET
- 2002-02-01
The Texas and Louisiana Outer Continental Shelf of the Gulf of Mexico has reemerged as an active area for increased exploration as well as continued exploitation of existing producing assets. Old fields are being reworked and deeper gas wells are being planned. With deep gas exploration comes, a set of...
GeoQuest releases GeoFrame Developers' Kit
- 1997-04-09
HOUSTON--BUSINESS WIRE--April 9, 1997--GeoQuest Wednesday announced that the GeoFrame* Developers' Kit GFDK is now commercially available. "The GeoFrame Developers' Kit enables developers to take full advantage of the GeoFrame architecture to tightly integrate exploration and production (E&P) applications with the many existing GeoFrame applications," said Howard Neal,...
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