Full Description

Schlumberger N.V., incorporated on November 6, 1956, is the supplier

of technology, integrated project management and information
solutions to the international oil and gas exploration and production
industry. The Company operates in the oilfield service markets
through three Groups, which include Reservoir Characterization
Group, Drilling Group and Production Group.

Reservoir Characterization Group

Reservoir Characterization Group consists of the principal

Technologies involved in finding and defining hydrocarbon resources.
These include WesternGeco, Wireline, Testing Services, Schlumberger
Information Solutions (SIS) and PetroTechnical Services. WesternGeco
is the geophysical services supplier, providing worldwide reservoir
imaging, monitoring and development services. WesternGeco
provides measurements and images of subsurface geology and rock
properties. Wireline provides information to evaluate subsurface
formation rocks and fluids to plan and monitor well construction, and
to monitor and evaluate well production. Wireline offers both
openhole 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.
Schlumberger Information Solutions sells software and consulting,
information management and information technology (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 expert 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

Drilling Group consists of the principal Technologies involved in the

drilling and positioning of oil and gas wells and consists of Bits &
Advanced Technologies, M-I SWACO, Geoservices, Drilling &
Measurements, Drilling Tools & Remedial, Saxon Rig Services and
Integrated Project Management well construction projects. Bits &
Advanced Technologies designs, manufactures and markets roller
cone and fixed cutter drill bits for all environments. M-I SWACO is the
supplier of drilling fluid systems, which improve drilling performance.
M-I SWACO also provides engineered managed pressure drilling and
underbalanced drilling solutions, as well as environmental services
and products to manage waste volumes generated in both drilling and
production operations. Geoservices supplies mud logging services for
geological and drilling surveillance. Drilling & Measurements provide
directional drilling, measurement-while-drilling and logging-whiledrilling services for all well profiles, as well as engineering support.
Drilling Tools & Remedial provides a range of 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. Saxon Rig Services provides land drilling and
related support services.

Production Group

Production Group consists of the principal Technologies involved in the

production of oil and gas reservoirs and includes Well Services,
Completions, Artificial Lift, Well Intervention, Water Services and
Schlumberger Production Management field production projects. Well
Services provides services, such as pressure pumping, well
cementing, stimulation operations, as well as intervention activities
that are used during oil and gas well drilling and completion, as well
as maintaining the production of a well. Completions, supplies well

completion services and equipment that include packers, safety

valves, sand control technology, as well as a range of 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. Water Services specializes in the development,
management and environmental protection of water resources.