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MarketScreener Homepage  >  Equities  >  Nyse  >  Schlumberger Limited    SLB   AN8068571086

SCHLUMBERGER LIMITED

(SLB)
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Schlumberger : Introduces High-Definition NMR Logging-While-Drilling Service

12/01/2020 | 09:07am EST

HOUSTON, November 11, 2020-Schlumberger announced today the introduction of MagniSphere* high-definition NMR logging-while-drilling service. This new service delivers accurate, real-time producibility analysis for optimum well placement, resulting in improved production and recovery in complex reservoirs.

'MagniSphere service provides operators with a full understanding of reservoir producibility while concurrently enabling enhanced drilling performance,' said Jesus Lamas, president, Well Construction, Schlumberger. 'The service provides operators with automated, high-definition NMR data while drilling, which is used to maximize reservoir exposure and ultimately optimize production.'

Utilizing the industry's first simultaneous measurements of T1 and T2 distribution while drilling, the MagniSphere service delivers real-time petrophysical evaluation data. This data is integrated into an intelligent processing workflow that provides operators with reservoir data used to identify producible hydrocarbon and enable precision geosteering, thus delivering ideal well placement required to maximize production.

MagniSphere service has undergone extensive field testing, including in the Black Sea region where it enabled an operator drilling an extended reach horizontal section to better characterize the reservoir porosity and permeability profile, improving well placement into a higher quality pay zone. In the Middle East, an operator used real-time NMR logging-while-drilling for several wells in complex carbonate and clastic reservoirs to effectively characterize porosity profiles, identify permeable layers, and detect the presence of heavy oil and tar.

For more information about the MagniSphere high-definition NMR logging-while-drilling service, visit www.slb.com/MagniSphere.

About Schlumberger

Schlumberger is the world's leading provider of technology and digital solutions for reservoir characterization, drilling, production, and processing to the energy industry. With product sales and services in more than 120 countries and employing approximately 82,000 people as of the end of third quarter of 2020 who represent over 170 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably.

Schlumberger Limited has executive offices in Paris, Houston, London, and The Hague, and reported revenues of $32.92 billion in 2019. For more information, visit www.slb.com.

*Mark of Schlumberger

###

For further information, contact:

Moira Duff
Corporate Communication Manager, Schlumberger Limited
Office: +1 (713) 375-3494
communication@slb.com

Disclaimer

Schlumberger Ltd. published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2020 14:06:04 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 23 264 M - -
Net income 2020 -10 707 M - -
Net Debt 2020 13 761 M - -
P/E ratio 2020 -3,15x
Yield 2020 3,84%
Capitalization 33 673 M 33 673 M -
EV / Sales 2020 2,04x
EV / Sales 2021 2,16x
Nbr of Employees 105 000
Free-Float 96,9%
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Average target price 27,00 $
Last Close Price 24,19 $
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Olivier Le Peuch Chief Executive Officer & Director
Mark G. Papa Non-Executive Chairman
Stephane Biguet Chief Financial Officer & Executive Vice President
Demosthenis Pafitis Chief Technology Officer
Nikolay Kudryavtsev Independent Director
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