…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 […]
Read more →…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 […]
Read more →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 […]
Read more →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 […]
Read more →View more O&G News If you would like to be notified of O&G News Stories, join our O&G Newsletter“ …Schlumberger released quarterly results and provided a little commentary on the oil boom in North Dakota and the rest of the U.S. Paal Kibsgaard, CEO, was asked his […]
Read more →View more O&G News If you would like to be notified of O&G News Stories, join our O&G Newsletter“ …Europe: Schlumberger, the world’s largest oil field services firm with principal offices in Paris, Houston and The Hague, reported Friday a 50 percent increase in second-quarter profit on […]
Read more →View more O&G NewsIf you would like to be notified of O&G News Stories, join our O&G Newsletter“…Schlumberger: US oil services company Schlumberger on Wednesday announced the opening of a reservoir laboratory in China’s central Sichuan province to help support expanding activity in unconventional shale development.The company’s […]
Read more →View more O&G NewsIf you would like to be notified of O&G News Stories, join our O&G Newsletter“…A Clarksburg, W.Va., man who sued several companies involved in natural gas extraction for exposure to fracking chemicals has lost his case in federal court. Salvatore M. Bombardiere Sr., of […]
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April 22-24, 2014 Utica & Marcellus Infrastructure Development Summit (Pittsburgh, PA)