Schlumberger

FORTRESS valve effectively manages debris accumulation in deepwater or harsh environments Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS …

Schlumberger announced today the release of the IntelliZone Compact* modular multizonal management system. The IntelliZone Compact system is the first in the industry to integrate modular components in one compact unit, which enables operators to optimize well production and reduce time to deployment. “The streamlined process of design through assembly …

Schlumberger announced today the release of its third-generation REDA* HotlineSA3* high-temperature electric submersible pump (ESP) system for steam-assisted recovery operations and geothermal applications. This latest release enables operators to further improve economics through increased recovery factors and early production while reducing downtime and intervention costs. “The REDA HotlineSA3 system can …

IG Seismic Services Limited, the joint venture of Integra Group and Schlumberger, completed formation of an onshore and offshore seismic data processing and interpretation center. The single network includes four operational centers in Russia and Kazakhstan, located in Moscow, Tyumen, Tomsk and Almaty. A unique workspace has been created that …

he Board of Directors of Schlumberger Limited [NYSE:SLB] announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting of the company’s …

Revolution II Multiclient Survey Underway in the Central Gulf of Mexico WesternGeco today announced the start of the Revolution II multiclient survey, which builds on the successful Dual Coil Shooting* multivessel full-azimuth (FAZ) acquisition of Revolution I in the Western Gulf of Mexico acquired in late 2010. This latest survey …

Acquisition marks a step change in development by fully combining Framo Engineering multiphase pumps and meter systems with Schlumberger subsea flow assurance and surveillance technologies. Schlumberger (NYSE:SLB) announced today the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in …

Gazprom Neft and Schlumberger announce that they have signed a technological cooperation agreement to increase efficiency of hydrocarbon exploration and production at Gazprom Neft’s deposits, both in Russia and abroad. Following the signing of the agreement, a coordination committee made up of representatives from both companies has been formed. The …

The field development plan for the Verkhnechonskoye (VC) oil and gas condensate field provides for over 500 horizontal wells to be drilled between 2007-2021. To meet this schedule and the production targets of up to 10 million tons of oil per year, it was necessary to significantly improve the well …

Techlog 2011 delivers a step-change in usability, together with integrated pore pressure prediction and extended mineral solver capabilities Schlumberger announced today at the Society of Petrophysicists and Well Log Analysts Annual Symposium the release of Techlog* 2011 software, which delivers a next generation application interface and expansion of customization capabilities. …