Oil and Gas
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Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through the following business segments: Reservoir Characterization, Drilling, Production, Cameron and Elimination and other. Read More The Reservoir Characterization Group segment consists of the principal technologies involved in finding and defining hydrocarbon resources. The Drilling Group segment includes the drilling and positioning of oil and gas wells such as bits and drilling tolls, drilling and measurement, land rigs and integrated drilling services. The Production Group segment provides technologies in the lifetime production of oil and gas reservoirs such as well services, completions, artificial lift, well intervention, water service, integrated production services and others. The Cameron Group segment consists of the pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.
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Oil and Gas
Schlumberger Refrains From Inking Fresh Field Management Pacts
Per Paal Kibsgaard, CEO of Schlumberger Limited SLB, the company has decided not to enter into fresh field management agreements.
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Is Schlumberger Limited (NYSE:SLB) Struggling With Its 5.6% Return On Capital Employed?
Today we are going to look at Schlumberger Limited (NYSE:SLB) to see whether it might be an attractive investment prospect. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we’ll work out how to calculate ROCE. Next, we’ll compare it to others in its industry. Finally, we’ll look at how its current liabilities affect its ROCE. Return On Capital Employed (ROCE): What is it? ROCE is a measure of a company’s yearl...
Halliburton and Schlumberger: Lower Capital Spending in 2019
SLB, HAL, BHGE, and NOV: Oilfield Services Stocks Have Risen(Continued from Prior Part)Lower spending plans The uncertainty about drilling and completions activity in North America caused oilfield services companies to lower their capital...
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