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schlumberger ltd (SLB) Details

Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production. The Reservoir Characterization group provides reservoir imaging, monitoring, and development services; wireline technology that offers open-hole and cased-hole services; exploration and production pressure and flow-rate measurement services; information solutions, such as software, consulting, information management, and IT infrastructure services that support oil and gas industry; data interpretation and integration services; consulting services; and industry petrotechnical training solutions. The Drilling group designs, manufactures, and markets roller cone and fixed cutter drill bits, and drilling fluid systems; geo services; supplies engineering support, directional-drilling, measurement-while-drilling, and logging-while-drilling services; provides bottom hole assembly drilling tools, borehole enlargement technologies, impact tools, and tubulars and tubular services; and dynamic pressure management solutions. The Production group provides well services comprising pressure pumping, well cementing, stimulation, and intervention; well completion services and equipment, such as packers, safety valves, and sand control technology; artificial lift; coiled tubing equipment and services; slickline services for downhole mechanical well intervention, reservoir monitoring, and downhole data acquisition; subsea solutions; and geological storage solutions, including storage site characterization for carbon dioxide, as well as engages in the development, management, and environmental protection of water resources. The company has a strategic cooperation agreement with Anton Oilfield Services Group. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

123,000 Employees
Last Reported Date: 01/31/14
Founded in 1926

schlumberger ltd (SLB) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.7M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.0M
Executive Vice President of Technology
Total Annual Compensation: $900.0K
General Counsel and Secretary
Total Annual Compensation: $750.0K
Executive Vice President of Corporate Develop...
Total Annual Compensation: $727.0K
Compensation as of Fiscal Year 2013.

schlumberger ltd (SLB) Key Developments

Schlumberger Limited Presents at UBS Houston Bus-less Tour Conference, Sep-17-2014 12:30 PM

Schlumberger Limited Presents at UBS Houston Bus-less Tour Conference, Sep-17-2014 12:30 PM. Venue: Four Seasons Hotel, 1300 Lamar Street, Houston, United States. Speakers: Robert Drummond, President of North America Offshore Operations.

Schlumberger Limited Presents at 5th annual DUG Eagle Ford Conference, Sep-17-2014 09:00 AM

Schlumberger Limited Presents at 5th annual DUG Eagle Ford Conference, Sep-17-2014 09:00 AM. Venue: Henry B. Gonzalez Convention Center, San Antonio, Texas, United States. Speakers: Dave Sobernheim, Engineering Advisor.

Schlumberger Invests $20 Million to Construct a New Facility at Great Western Industrial Park

Schlumberger is investing $20 million to construct a new facility for its artificial lift solution business on 18 acres at the Great Western Industrial Park, an affiliate of The Broe Group. Located about 60 miles north of Denver, the new 14,800-square-foot operation will distribute tools and machinery to help capture oil and gas from under-pressured or depleted reservoirs. Construction is scheduled to begin this month, with completion set for the spring of 2015 and the commencement of operations by next summer. Schlumberger expects to create more than 30 new jobs at the new location in the next three years. The new facility originates from Shores Lift Solutions, an artificial lift manufacturer Schlumberger acquired in August 2013. The company produces rod pumps, gas lifts, plunger lifts, ESP's (electrical submersible pumps), and jet pumps, which are used in the oil field to support production.


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