BNET Industries
Market Cap:$72.0B
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 releases MaxCO3 Acid degradable diversion acid system
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Schlumberger releases EM Pipe Scanner electromagnetic casing inspection tool
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Schlumberger releases OPTICall thermal profile and investigation service
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Schlumberger's New OPTICall Solution Improves Field Productivity
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Schlumberger Releases New Electromagnetic Ca...
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Schlumberger Releases New Electromagnetic Casing Inspection Tool
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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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Oil Patch Bits: Schlumberger and Technip announce joint agreement
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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
News & Analysis
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schlumberger ltd. - 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...
Full Disclosure: Schlumberger, Hydraulic Fracking and the Public Access Debate
BNET
- 2009-09-30
Oilfield services giant Schlumberger is pushing its suppliers for permission to reveal the chemicals used in hydraulic fracturing, a technique used to access oil and gas trapped in hard-to-reach shale formations, Bloomberg reported Tuesday. Fracking has been used for decades. But it has become the subject of a recent regulatory...
Storing Water Underground, Schlumberger Style
Seeking Alpha
- 2009-09-15
Greentech Media submits: By Jeff St. John Schlumberger SLB has a ton of experience...
Baker Hughes to Buy BJ Services
BNET
- 2009-08-31
NEW YORK (Reuters UK) - Baker Hughes BHI said it will buy smaller competitor BJ Services BJS for $5.5 billion (3.4 billion pounds) in stock and cash to expand its international business and take advantage of BJ's pressure pumping expertise. The deal values BJ at a 16 percent premium over...
Baker Hughes buys rival BJ Services for $5.5bn
BNET
- 2009-08-31
Baker Hughes, the oil field services provider, said on Monday it would buy BJ Services, a smaller rival, for $5.5bn in cash and stock to broaden its selection of products and services. Baker Hughes will pay 0.40035 of a share of its stock, plus $2.69 in cash, for each share...
Schlumberger: Get 'Oily' for Good Total Returns
Seeking Alpha
- 2009-08-10
Paul Price submits: SLB [NYSE} – August 10, 2009: $53.34 - 11:35 AM EST 52-week range: $35.05 (Feb. 23, 2009) - $100 (Aug. 21, 2008) by Paul Price
Schlumberger Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-24
Schlumberger Limited SLB Q2 2009 Earnings Call July 24, 2009 9:00 am ET
Schlumberger Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-24
Question-and-Answer Session Operator Operator Instructions Our first question today comes from the line of Kurt Hallead with RBC Capital Markets. Kurt Hallead - RBC Capital Markets Andrew, at the end of the first quarter, you referenced that the cycle was progressing very similar to prior cycle periods and...
Schlumberger Forever
Seeking Alpha
- 2009-07-21
Shiv Kapoor submits: Fundamentals Core Business Fundamentals As regards the future; by Shiv Kapoor
Schlumberger, Core Laboratories: What's Up with Downhole Measurement?
Seeking Alpha
- 2009-04-27
Doug Sheridan submits: Knowing the Hole It can be a tricky and involved question: Are there hydrocarbons down there, and if so, in what locations, quantities, forms and environments? Answering these and related questions with greater certainty, and at lower cost, has been an ongoing mission of providers of formation...
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