Schlumberger

Schlumberger today announced the availability of its new PressureXpress-HT* reservoir pressure service and MDT Forte-HT* qualified, rugged, high-temperature formation sampling and pressure system. These two services are the latest high-temperature additions to the Schlumberger reservoir characterization portfolio of services. “Providing a full suite of high-pressure, high-temperature (HPHT) evaluation tools is …

Schlumberger Limited today reported full-year 2011 revenue of $39.54 billion versus $27.45 billion in 2010. Full-year 2011 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $4.97 billion, representing diluted earnings-per-share of $3.66 versus $2.86 in 2010. Fourth-Quarter Results: Fourth-quarter 2011 revenue was $10.97 billion versus $10.23 …

The Board of Directors of Schlumberger Limited today approved a 10% increase of the quarterly dividend. The increased dividend of $0.275 per share of outstanding common stock is payable on April 13, 2012 to stockholders of record at the close of business on February 22, 2012. Source

Companies combine forces to address new market opportunities Petrofac and Schlumberger announced today that their Integrated Energy Services and Schlumberger Production Management divisions respectively have signed a Co-operation Agreement under which these divisions will establish a working relationship to deliver integrated and high-value production projects in the emerging and growing …

Schenk, O., Spahic, D., Bird, K.J., and Peters, K.E. Basin and petroleum system modeling is an indispensable tool used to examine the dynamics of sedimentary basins and their associated fluids, in order to evaluate if past conditions were suitable enough for the generation of hydrocarbons, which ultimately could have been …

Kaldera drill bits improve reliability in challenging downhole conditions. Smith Bits announced today the introduction of its Kaldera* advanced roller cone bits for geothermal and high-temperature drilling applications. Advanced materials technology has been developed to provide an engineered sealing and lubrication system for the drilling of high-temperature (HT) wells. “High-temperature …

Production problems identified more quickly, downtime minimized and production optimized with Avocet 2012 Schlumberger today announced the release of the Avocet* 2012 production operations software platform. The Avocet platform has been engineered to combine a complete and up-to-date picture of operations with engineering analysis capabilities to pinpoint the reasons for …

Schlumberger today announced a service milestone for its HiWAY* flow-channel hydraulic fracturing service. Since its release a year ago, HiWAY has been pumped in nearly 3,000 stages in vertical and horizontal wells in eight countries for more than 30 operators. “With respect to conventional fracturing methods, the HiWAY service provides …

New Petrel Capabilities Delivered to Help De-risk Exploration Prospects Schlumberger today announced the release of the Play-to-Prospect Risk plug-in for the Petrel* E&P software platform. This technology offers an integrated petroleum-system-based assessment to consistently evaluate key risk elements from play to prospect. “Statistics show that, on average, two of three …

Schlumberger today announced at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the combining of its fishing and intervention services, which will be delivered through SERVCO services. The new service organization will offer fishing and pipe recovery, wellbore departure, wellbore abandonment, and thru-tubing well intervention tools and services. …