Schlumberger

Schlumberger Limited (NYSE:SLB) today reported second-quarter 2012 revenue of $10.45 billion versus $9.92 billion in the first quarter of 2012, and $8.99 billion in the second quarter of 2011. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.4 billion—an increase of 8% sequentially and 20% year-on-year. …

The project, which TNK-BP is carrying out together with Schlumberger, one of the world’s leading oilfield service firms, involves implementing a set of original technological solutions: waterflood management, horizontal drilling using multi-stage hydraulic fracturing and other advanced technologies. The Severo-Khokhryakovskiy field is characterised by tight formations with a high heterogeneity …

Liquid Robotics, Inc. and Schlumberger today announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave Glider technology with Schlumberger oil …

Schlumberger announced today the introduction of the NeoScope* sourceless logging-while-drilling formation evaluation service based on pulsed neutron generator technology that eliminates the need for chemical sources. Unique NeoScope technology provides real-time measurements close to the bit to guide interpretation and decision making in all drilling environments. “With its compact design …

Schlumberger announced today the release of the Mangrove* reservoir-centric stimulation design software that enables better decision making for well completion and fracturing programs. Developed on the Petrel* E&P software platform, Mangrove users can access the shared earth model to facilitate program designs for all types of reservoirs. “Economic development of …

Schlumberger today announces the launch of IsoMetrix* marine isometric seismic technology and the IsoMetrix family of marine seismic products. This breakthrough technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in three dimensions and providing the most accurate images of the subsurface ever recorded. …

Schlumberger today introduced the SPARK* stimulation technology delivery platform. Through collaboration with customers, the platform merges Schlumberger stimulation technology, chemistry and exclusive techniques to provide a new solution to address stimulation needs. “We are supporting our customers by coupling our proprietary fluid systems, blending equipment and engineering expertise with non-Schlumberger …

Schlumberger Limited announced today that it has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc. Additionally, Schlumberger has committed to divest the remaining portion of its distribution business by agreeing to support NOV’s previously announced proposed acquisition of all outstanding shares of CE Franklin Ltd. …

Tesco Corporation and Schlumberger today announced that they have signed a definitive agreement for Schlumberger to acquire Tesco’s CASING DRILLING™ division for $45 million in cash. “Our CASING DRILLING™ division comprises some of our leading technologies, which Tesco has incubated for several years,” said Julio M. Quintana, chief executive officer …

Schlumberger announced that it has acquired GEDCO, a Calgary-based provider of integrated geophysical survey design software and services. The group will become part of the WesternGeco business unit. GEDCO has developed OMNI 3D*, the industry’s standard for seismic survey design and modeling, and VISTA*, a flexible 2D/3D seismic data processing …