Tagged Schlumberger

Oilfield services leaders to set up regional base in Cyprus (Cyprus)

…Cyprus: Halliburton and Schlumberger, two of the world’s largest oilfield services companies, have chosen Cyprus as their base of operations for the eastern Mediterranean. The Mail has learned that the two multinational corporations will sign the relevant agreements with the government this month. The Halliburton agreement will likely be concluded the weekend after the next…

Schlumberger boosts profit as oil explorers seek technology edge (Australia,Saudi Arabia)

…Australia,Saudi Arabia: Rising demand for more advanced oilfield technology to tap hard-to-reach crude around the world spurred a record first-quarter profit for Schlumberger Ltd. Net income climbed to $1.59 billion, or $1.21 a share, from $1.26 billion, or 94 cents, a year earlier, Houston- and Paris-based Schlumberger said today in a statement. Excluding one-time items,…

Oilex teams up with Schlumberger for Cambay-77H well (UK)

…Schlumberger has been handpicked as the company that will carry out the fracking of Oilex’s (LON:OEX) crucial Cambay-77H well in India. The oilfield services heavyweight was among a number of companies operating in India that participated in the competitive tendering process. The fracking (fracture stimulation) programme is based on a so-called ‘plug and perf’ method…

Schlumberger’s HiWay Frac Design Improves Eagle Ford Well Performance

View more O&G News If you would like to be notified of O&G News Stories, join our O&G Newsletter“ …Schlumberger’s (SLB) HiWay flow channel frack design has been most successful in the Eagle Ford. The company has completed a significant number of wells in the basin and has shown the design increases production while utilizing…

Russia: Tight oil technology partnership with Schlumberger

View more O&G News If you would like to be notified of O&G News Stories, join our O&G Newsletter“ …Russia: The technical partnership covers the following areas: Subsurface review and field development plan Design and implementation of horizontal multistage fractured wells Bazhenov shale delineation Subsurface Review and Field Development Plan The Schlumberger team will work…

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