Schlumberger

Worldwide revenue of $5.4 billion decreased 28% sequentially International revenue of $4.1 billion decreased 19% sequentially North America revenue of $1.2 billion decreased 48% sequentially GAAP loss per share, including charges and credits of $2.52 per share, was $2.47 EPS, excluding charges and credits, was $0.05 Cash flow from operations …

Schlumberger introduced today Symphony* live downhole reservoir testing, a technology platform that enables operational control of the downhole testing toolstring to deliver real-time downhole measurements. Symphony testing reduces operational time and improves safety and efficiency while enabling informed decision making for better reservoir understanding and reduced field development planning uncertainty. …

Schlumberger announced today that it has entered into a collaboration agreement with China Petroleum Logging Co. Ltd (CNPC Logging), a subsidiary of China National Petroleum Corporation (CNPC), to jointly manufacture wireline downhole technology in China. The agreement will strengthen the commercial and technical collaboration between the two companies and aligns …

Worldwide revenue of $7.5 billion decreased 9% sequentially and 5% year-on-year International revenue of $5.1 billion decreased 10% sequentially, but increased 2% year-on-year North America revenue of $2.3 billion decreased 7% sequentially and 17% year-on-year GAAP loss per share, including charges of $5.57 per share, was $5.32 EPS, excluding charges, …

Full-year worldwide revenue of $32.9 billion was flat year-on-year, with international revenue growth of 7% Full-year GAAP loss per share, including charges & credits, was $7.32 Full-year EPS, excluding charges & credits, was $1.47 Full-year cash flow from operations and free cash flow were $5.4 billion and $2.7 billion, respectively …

The target will align Schlumberger with the goals of the Paris Agreement to reduce climate change Schlumberger announced today its commitment to setting a science-based target to reduce its greenhouse gas (GHG) emissions. Schlumberger’s commitment has been submitted to the Science Based Targets initiative (SBTi) and, in line with the defined …

A North Sea operator’s well design required 9 5/8-in casing to surface with metal-to-metal connections throughout. However, the 3,604-m [11,824-ft] interval included 728 m [2,388 ft] of unstable open hole that was likely to hinder access. Long, heavy casing strings require extremely high torque to rotate, making it difficult to …

Schlumberger and Dataiku have entered into an exclusive technology partnership that will enable the E&P industry to build and deploy their own artificial intelligence (AI) solutions across the full breadth of their upstream workflows within the DELFI* cognitive E&P environment. The partnership will deliver unprecedented capabilities to petrotechnical domain experts in …

The World Petroleum Council announced today the first of many can’t miss speakers for the 23rd World Petroleum Congress, which will be held in Houston, December 6-10, 2020. The packed program of the Congress will feature eight high-level plenary sessions across five days, with global leaders from the oil and …

Rockwell Automation and Schlumberger today announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. The joint venture leverages Schlumberger’s deep oil and gas domain knowledge and Rockwell Automation’s rich automation and information expertise to address this fast-growing market. …