[Brief Introduction]
Schlumberger is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the products and services, from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance.
Schlumberger Limited has principal offices in Paris, Houston, London, and The Hague, and reported revenues of $30.44 billion in 2017. Schlumberger stock is listed on the New York Stock Exchange, ticker symbol SLB, on the Euronext Paris, Euronext Amsterdam, London, and the SIX Swiss stock exchanges.
[Business]
Today, Schlumberger products and services include geophysical services; open-hole and cased-hole wireline logging; well testing; logging-while-drilling, directional-drilling services, and surface data (mud) logging; drilling pressure control; drill bits; drilling and completion fluids; solids control and waste management; drilling rig equipment; surface equipment; subsea equipment; artificial lift; well services, such as cementing, coiled tubing, stimulation, and sand control; and well completion products and services.
In addition to these products and services, Schlumberger provides customers with various levels of services integration. The first level of integration Schlumberger offers is Integrated Services Management, where specially trained project managers provide scheduling, planning, and activity coordination for the various Schlumberger products lines involved in the project. Within this offering, the improved planning and preparation driven by project managers is consistently converted into better quality and HSE performance compared to single-product-line contracts. The next level of the offering involves Integrated Drilling Services (IDS) and Integrated Production Services (IPS) offerings where Schlumberger houses a large part of project management, engineering design, and technical optimization capabilities as typically used in fully performance-based contracts.
Editor: Yaling
