Businessweek

Schlumberger Limited engages in supplying technology, integrated project management, and information solutions to the international oil and gas exploration and production industry. The company operates in North America, Latin America, Europe, CIS, Africa, the Middle East, and Asia. Groups The company manages its business through three groups, such as Reservoir Characterization, Drilling, and Production. Each Group consists of a number of technology-based service and product lines, or Technologies. Reservoir Characterization Group This group consists of the principal Technologies involved in finding and defining hydrocarbon resources. These include WesternGeco, Wireline, Testing Services, Schlumberger Information Solutions, and PetroTechnical Services. WesternGeco, a geophysical services company, provides reservoir imaging, monitoring, and development services worldwide. WesternGeco offers multiclient data library. Wireline provides the information to evaluate subsurface formation rocks and fluids to plan and monitor well construction, and to monitor and evaluate well production. Wireline offers both open hole and cased hole services, including wireline perforating. Testing Services provides exploration and production pressure and flow-rate measurement services both at the surface and downhole. The technology also provides tubing-conveyed perforating services. The Technology also provides tubing-conveyed perforating services. Schlumberger Information Solutions provides software, consulting, information management and IT infrastructure services that support core oil and gas industry operational processes. PetroTechnical Services supplies interpretation and integration of all exploration and production data types, as well as consulting services for reservoir characterization, field development planning production enhancement and multi-disciplinary reservoir and production solutions. PetroTechnical Services also provides industry petrotechnical training solutions. Drilling Group This group consists of the principal Technologies involved in the drilling and positioning of oil and gas wells and comprises Bits & Advanced Technologies, M-I SWACO, Geoservices, Drilling & Measurements, PathFinder, Drilling Tools & Remedial Services, Dynamic Pressure Management and Integrated Project Management well construction projects. Bits & Advanced Technologies designs, manufactures and markets roller cone and fixed cutter drill bits for all environments. The drill bits include designs for premium market segments. M-I SWACO is a supplier of drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty equipment designed to optimize wellbore productivity and production technology solutions formulated to maximize production rates. The technology also includes environmental solutions that safely manage waste volumes generated in both drilling and production operations. Geoservices supplies mud logging services for geological and drilling surveillance. Drilling & Measurements and PathFinder provide directional-drilling, measurement-while-drilling and logging-while-drilling services for all well profiles, as well as engineering support. Drilling Tools & Remedial provides various bottom hole assembly drilling tools, borehole enlargement technologies and impact tools, as well as a collection of tubulars and tubular services for oil and gas drilling operations. Dynamic Pressure Management consolidates managed pressure drilling and underbalanced drilling into a single provider of engineered solutions for pressure drilling services. Production Group This group consists of the principal Technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Subsea, Water Services, Carbon Services and Schlumberger Production Management field production projects. Well Services provides services used during oil and gas well drilling and completion as well as those used to maintain optimal production throughout the life of a well. The services include pressure pumping, well cementing and stimulation operations, as well as intervention activities. Completions supplies well completion services and equipment that include packers, safety valves, sand control technology, as well as a range of intelligent well completions technology and equipment. Artificial Lift provides production equipment and optimization services using electrical submersible pumps and gas lift equipment, as well as surface horizontal pumping systems. Well Intervention develops coiled tubing equipment and services and provides slickline services for downhole mechanical well intervention, reservoir monitoring and downhole data acquisition. Subsea offers solutions that are designed to improve reservoir recovery, optimize production and maximize production uptime of subsea assets. Water Services specializes in the development, management and environmental protection of water resources. Carbon Services provides geological storage solutions, including storage site characterization for carbon dioxide. The company also offers customers its services through business models known as Integrated Project Management (for well construction projects) and Schlumberger Production Management (for field production projects). These models combine the required services and products of the Technologies with both drilling rig management expertise and project management skills to provide a solution to well construction and production improvement. Integrated Project Management and Schlumberger Production Management also provide specialized engineering and project management expertise when the company is requested to include these capabilities with services and products across the technologies in a single contract. History Schlumberger Limited was founded in 1926.