Schlumberger

Riser management and subsea blowout preventer service agreements aim to reduce offshore nonproductive time and total cost of ownership Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million. The first contract calls …

Schlumberger introduced today at the Abu Dhabi International Petroleum Exhibition & Conference AvantGuard* advanced flowback services. These services protect the connection of the hydraulic fracture to the wellbore to optimize productivity in conventional and unconventional wells. AvantGuard services comprise flowback design and proactive fracture protection that complement fracturing operations. Damage …

OpenPath Sequence service maximizes wellbore coverage to increase production in conventional and unconventional reservoir completions Schlumberger today announced the launch of OpenPath Sequence* diversion stimulation service. The new service sequentially diverts acid into additional clusters or zones to maximize wellbore coverage, resulting in more precise treatment placement and greater production …

The Subsea Services Alliance, a contractual collaboration between Helix Energy Solutions Group, Inc. (NYSE: HLX) and Schlumberger, today announced the launch of the development of the first Riserless Open-water Abandonment Module (ROAM). The 18¾-in. large bore system will enhance well abandonment capacity from a well intervention vessel by allowing tubing …

GeoTesting services advance reservoir understanding for increased certainty. Schlumberger announced today at the 2016 SPE Annual Technical Conference and Exhibition the release of GeoTesting* geology-based well test design and interpretation services. GeoTesting services, built in the Petrel* E&P software platform, maximize the value of well tests by integrating geological and …

Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …

Schlumberger Limited announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share. Schlumberger has issued approximately 138 million shares pursuant to the …

ACTive Q service delivers fluid velocity measurements to expand coiled tubing downhole monitoring capabilities Schlumberger today introduced the ACTive Q* CT real-time downhole flow measurement service, which delivers real-time injection diagnostics and treatment evaluation in just one run in a well. “Fluid injection monitoring and placement often requires customers to …

BAUER Maschinen GmbH, an affiliated company of BAUER AG, finalized negotiations for a joint venture with Schlumberger, the world’s leading supplier of technology, integrated project management and information solutions for customers in the oil and gas industry. It was agreed that Schlumberger would contribute 49 % through a cash capital …

Schlumberger Limited and Cameron International Corporation jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger. The closing of the proposed …