Russia Oil Gas Magazine

Schlumberger: Well Integrity Solutions Group & Rhône Capital Acquires Fishing and Tubular Business for $400m USD

Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger today jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility located …

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Exploration Drilling Production Technology

Schlumberger: Introduces IriSphere, an Industry-First Continuous Resistivity Look-Ahead-While-Drilling Service

IriSphere look-ahead-while-drilling service reduces drilling risks and improves efficiency by providing data ahead of the bit in real time Schlumberger today introduced the IriSphere* look-ahead-while-drilling service at the Offshore Technology Conference. The new service provides the industry’s first application of electromagnetic (EM) technology for detecting formation features ahead of the …

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Eurasia Journal News

Gazprom Neft and Schlumberger Develop Cooperation in Well Logging

Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergey Slyusenko, Managing Director, Gazpromneft-Noyabrskneftegazgeofizika and Gokhan Saygi, President of Schlumberger RCA. The new agreement is a logical follow-up to the agreements achieved in 2011, when Gazprom Neft and Schlumberger signed their first …

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Exploration Drilling Production Technology

Saltel Industries: Completes Over 60 Wells with Xpandable ECP Packer in Western Siberia

Saltel Industries, records 100% success with its External Casing Packer (ECP), in off-bottom cementing application in Western Siberia. The client, one of the biggest operators in Russia, holds numerous oil fields in West Siberia region, around the city of Novi Urengoy. These fields represent a significant share of its overall …

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Russia Oil Gas Magazine

Schlumberger Introduces HyperBlade Hyperbolic Diamond Element Bit

Drill bit with distinctive-shaped cutting elements reduces drilling costs by improving ROP in soft and plastic rock formations Smith Bits, a Schlumberger company, today launched the HyperBlade* hyperbolic diamond element bit that reduces drilling costs by improving the rate of penetration (ROP), while maintaining steering response and directional tracking in …

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Russia Oil Gas Magazine

Shearwater: Acquires Schlumberger Marine Seismic Acquisition Business, Western Geco, for $600m

Shearwater GeoServices Holding AS and Schlumberger today jointly announced that they have entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The transaction is subject to regulatory approvals and other customary closing conditions. The …

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Russia Oil Gas Magazine

Schlumberger Announces Second-Quarter 2018 Results

Revenue of $8.3 billion increased 6% sequentially Pretax operating income of $1.1 billion increased 12% sequentially Second-quarter GAAP EPS, including charges of $0.12 per share, was $0.31 Second-quarter EPS, excluding charges, was $0.43 Cash flow from operations was $987 million PARIS, July 20, 2018—Schlumberger Limited (NYSE: SLB) today reported results …

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Conference and Exhibition News and Updates

Call for Papers for the 2018 SPE Russian Petroleum Technology is Now Open!

Submission Deadline —16 March 2017 We are pleased to invite you to participate in the conference in the new year, taking place on 15-17 October 2018 in Moscow and present your topical paper in one or several technical categories. The programme committee chaired by Andrey Bochkov, Gazpromneft STC; Krešo Kurt …

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Russia Oil Gas Magazine

Schlumberger: Launches GROVE IST Integrated Seat Technology Ball Valve

GROVE IST – Ball valve improves metal-to-metal valve performance and seal integrity with a smaller, lighter design to save operating cost. Schlumberger announced today the release of the GROVE IST* integrated seat technology ball valve. New ball valve technology features a patented seat-on-ball design that significantly improves performance over conventional …

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Russia Oil Gas Magazine

Schlumberger: Launches DrillPlan – Digital Well Construction Cloud Solution

Schlumberger today introduced DrillPlan* digital well construction planning solution at the SIS Global Forum—the first step in the DELFI* cognitive E&P environment. The DrillPlan solution is part of a fully integrated well construction offering, which transforms planning and execution performance, and enhances the efficiency and quality of every well drilled. …

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