BNET Industries

Schlumberger Ltd.

(SLB) is in the Energy Industry

Market Cap:$75.1B

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

Contact Information

5599 San Felipe

Houston, Texas 77056

schlumberger.or...

(713) 513-2000

Peer Companies

NAICS Code Support Activities for Oil and Gas Operations: 213112

Company News

Recent Events

Pay Attention to Oilfield Services

12/17/09 - Bond / Stock Rating - View Story
Schlumberger releases MaxCO3 Acid degradable diversion acid system

12/08/09 - Product Announcement - View Story
Schlumberger releases EM Pipe Scanner electromagnetic casing inspection tool

12/08/09 - Product Announcement - View Story
Schlumberger releases OPTICall thermal profile and investigation service

12/08/09 - Product Announcement - View Story
Schlumberger's New OPTICall Solution Improves Field Productivity

12/08/09 - Product Announcement - View Story
Schlumberger Releases New Electromagnetic Ca...

12/07/09 - Product Announcement - View Story
Schlumberger Releases New Electromagnetic Casing Inspection Tool

12/07/09 - Product Announcement - View Story
Schlumberger Shares Rise as Analyst Upgrades Stock

11/23/09 - Bond / Stock Rating - View Story
Credit Suisse upgrades Schlumberger to outperform

11/23/09 - Bond / Stock Rating - View Story
STOCKS NEWS US-HP profit rises, matches pre-announcement

11/23/09 - Bond / Stock Rating - View Story
Technip, Schlumberger partner on pipe project

11/19/09 - Joint Venture / Alliance - View Story
Schlumberger, Technip work on surveillance solutions

11/19/09 - Merger / Acquisition - View Story
Oil Patch Bits: Schlumberger and Technip announce joint agreement

12/04/09 - Joint Venture / Alliance - View Story
Why Schlumberger Deserves a Closer Look

11/11/09 - Bond / Stock Rating - View Story
Schlumberger SLB and Alstom SA Sign Agreement to Study Carbon Capture and Storage Systems

11/11/09 - Joint Venture / Alliance - View Story
Capital One Southcoast Upgrades Schlumberger SLB to Add

10/26/09 - Bond / Stock Rating - View Story
Schlumberger Announces Fourth-Quarter and Full Year 2009 Results

10/27/09 - Financial Announcement - View Story
Schlumberger Ltd announces dividend of USD0.21 per common share

10/23/09 - Stock Split / Dividend - View Story

News & Analysis