
Schlumberger Announces Deployment of Reservoir Engineering Digital Solutions for Global Customer
Schlumberger’s cloud-based solutions have the potential to digitally transform worldwide reservoir engineering modeling to achieve vast increases in innovation, efficiencies, and performance Schlumberger today announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring …

Schlumberger: Introduces GeoSphere 360 3D Reservoir Mapping-While-Drilling Service
GeoSphere 360 service delivers real-time 3D reservoir insights to enhance reservoir understanding and optimize production potential Schlumberger announced today at the International Petroleum Technology Conference (IPTC) the introduction of the GeoSphere 360* 3D reservoir mapping-while-drilling service. The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of …

Schlumberger: Announces Fourth-Quarter and Full-Year 2021 Results
Schlumberger Limited (NYSE: SLB) today reported results for the fourth-quarter and full-year 2021. Fourth-Quarter Results (Stated in millions, except per share amounts) Three Months Ended Change Dec. 31, 2021 Sept. 30, 2021 Dec. 31 2020 Sequential Year-on-year Revenue* $6,225 $5,847 $5,532 6% 13% Income before taxes – GAAP basis $755 …

Schlumberger: Operator Achieves Nearly 12 Months of Sand-Free Production and More than Doubles Oil Output, Caspian Sea
SandAid technology provides long-term solution to recurring high costs Various sand control measures proved ineffective An operator’s oil wells in the Caspian Sea were experiencing excessive sand production from intervals of unconsolidated sandstone that ranged in thickness from about 15 m [49 ft] to several tens of meters. Shortage of …

Gazprom Neft and Schlumberger will Develop Digital Services in Oil Production
Gazprom Neft and Schlumberger signed a memorandum of cooperation in the development of digital services to improve oil production efficiency. The document was signed by Andrey Belevtsev, Director of Digital Transformation at Gazprom Neft, and Rustam Biktimirov, Vice President for Digital Technologies and Integration at Schlumberger in Russia and Central Asia. …

Well Intervention Market Driven by New Oilfield Discoveries and Heavy Investments in Offshore Oil & Gas Assets: Fact.MR Study
A recently published report by market research and competitive intelligence provider, reveals that the global well intervention market is projected to grow at a CAGR of 7% during the forecast period (2021-2031), reaching US$ 14 Bn by 2031. Heavy investments in the discovery of new oilfields reserves on the account …

Saltel: Xpandable Steel Annular Zonal Isolation Packer (AZIP)
Once expanded in the cased hole, the AZIP has been exposed to pressured nitrogen while undergoing temperature and differential pressure cycles without experiencing any leaks. Saltel Engineering team has completed this qualification per all ISO 14310 VO standard criteria. WORKING PRINCIPLE Saltel Xpandable Steel Annular Zonal Isolation Packer (AZIP) is …

Schlumberger Announces Third-Quarter 2021 Results
Schlumberger Limited today reported results for the third-quarter 2021. Global revenue of $5.85 billion increased 4% sequentially and 11% year-on-year. International revenue was $4.68 billion and North America revenue was $1.13 billion. GAAP EPS, including charges and credits, was $0.39 and increased 30% sequentially. EPS, excluding charges and credits, was …

Schlumberger: CemSYS System
CemSYS System is designed to compiles stand-alone screen or gravel-pack completion with production casing installation and cementing into single run. Operating principle Screens, open hole packer and production casing are to be installed by single run. Open hole packer is activated to split open hole into two intervals. If necessary, …

Schlumberger and Drillmec in Joint Drive to Accelerate Rig Automation
Schlumberger and Drillmec are working together to deliver a drilling automation solution. In another signal that digitalization is transforming the oil and gas industry, the two companies have expressed a joint aim to deliver an automation solution that enables drilling contractors and operators to optimize their drilling processes, while improving …