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Schlumberger Limited (NYSE:SLB) is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. Founded in 1926, today the company employs more than 70,000 people of over 140 nationalities working in approximately 80 countries.
The company comprises two business segments:
Schlumberger Oilfield Services supplies a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes and WesternGeco which is the world's largest seismic company and provides advanced acquisition and data processing services.
Schlumberger has principal offices in Houston, Paris and The Hague. Revenue was $19.23 billion in 2006. Schlumberger stock is listed on the New York Stock Exchange, ticker symbol SLB, on the Euronext Paris, Euronext Amsterdam, London and the SWX Swiss stock exchanges.
Schlumberger offers its clients four key advantages:
- Deep domain knowledge of exploration and production operations gained through 75 years of experience
- The service industry's longest commitment to technology and innovation through a network of 23 research, development and technology centers
- A global reach in more than 80 countries coupled to strong local experience and the diversity in thought, background and knowledge that more than 140 nationalities bring
- A commitment to excellence in service delivery anytime, anywhere.
Schlumberger Products, Services and Solutions
Schlumberger services and solutions combine domain expertise, best practices, safe and environmentally sound well site operations, innovative technologies, and high-quality support aimed at helping its customers increase oilfield efficiency, lower finding and producing costs, improve productivity, maximize reserve recovery, and increase asset value in a safe, environmentally sound manner.
Today, Schlumberger Oilfield Services solutions include open-hole and cased-hole wireline logging; drilling services; well services, such as cementing, coiled tubing, stimulations and sand control; well completion services including well testing and artificial lift; interpretation and consulting services; and integrated project management. Strong technical and operational support to the field is vital to the success of any complex global operation that includes remote locations. The key is to provide real-time linkage with world-class experts and knowledge, delivering the latest and best problem-solving capabilities-anywhere, anytime. The company's InTouchsupport.com knowledge management tool improves field access to Schlumberger technology centers through the most advanced IT tools, 24-hours a day, seven days a week.
Enhancing core E&P operations to improve production, increase reserves and drill better wells requires the integration of innovative information technology. Schlumberger Information Solutions (SIS) offers a unique combination of people and processes, technology and infrastructure, and real-time IT enablers-delivering key value-adding solutions to overcome a myriad of challenges confronting industry operational processes. SIS offers information management, software technology and infrastructure services. Combined with the domain experience available through the Business Consulting group, these enable oil and gas companies to enhance their workflows and achieve their goals.
As the industry's focus is moving towards maximizing post-plateau production and ultimate recovery, oil companies have to face more and more resource intensive projects. Integrated Project Management (IPM) is the Schlumberger response to this challenge and a significant growth area for Schlumberger. IPM activity is characterized by long-term relationships between the customer and Schlumberger. It offers a combination of engineering, process management and understanding of Schlumberger segment technologies. As well as providing technology and expertise, Schlumberger often works with local subcontractors to harness local knowledge and experience. Schlumberger has achieved a number of successes in IPM in particular in Mexico. The Burgos project for example, now in its seventh year, has delivered 237 completed wells, which include the drilling of 2.3 million ft of hole. The benefits to the customer have included accelerated production, reduced capital expenditure and increased efficiency.
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Schlumberger Infrastructure Solutions
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| It is nature’s irony that the most valuable resources are often found in the most hostile environments. That is why fast, reliable, secure communications are so vital to the success of modern oil and gas enterprises around the world. Whether it is voice or data, from platform to headquarters, field to field, or company-wide, the constant flow of digital information is the lifeblood of today’s energy industries.
But the demands of real-time or even right-time communications can strain more traditional networks. The technology and supporting systems have to be up to the job in wh....[more] | |
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