Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SCHLUMBERGER LIMITED

(SLB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Schlumberger : Launches Definitive Dynamic Survey-While-Drilling Service

10/29/2020 | 09:32am EDT

Schlumberger today introduced the TruLink definitive dynamic survey-while-drilling service.

The new service helps operators to enhance end-to-end well construction operations and reduce overall drilling costs by performing definitive dynamic surveys while drilling on bottom that are used to identify and mitigate potential drilling risks.

'TruLink service advances well construction operations and improves overall drilling performance through its unique, industry-first ability to perform measurement-while-drilling surveys on bottom without stopping drilling operations,' said Jesus Lamas, president, Well Construction, Schlumberger. 'In addition, the new service delivers borehole data in real time, through every point of the well, which enables operators to react to potential drilling risks before encountered, thus improving overall drilling efficiency.'

This dynamic survey capability provides real-time trajectory control, which improves the accuracy of wellbore placement, reduces dogleg severity and creates smoother curves and laterals in the most complex well profiles. TruLink service incorporates new telemetry innovations that refine survey accuracy using continuous six-axis directional and inclination sensors in combination with gamma ray. Conventional definitive survey technology takes nine to twelve minutes per stand, whereas this definitive dynamic survey innovation reduces all survey-related rig time to zero.

TruLink service has more than 70 deployments in the Middle East, North Sea, and South America. In the Middle East, for example, TruLink service enabled the operator to land an 8 1/2-in curve section with directional control and near-pinpoint accuracy, comparable to static measurement while drilling. In another example, definitive dynamic surveys run in the vertical, curve, and lateral sections saved an operator an average of 41 pumping hours while acquiring 1,041 surveys.

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.

Contact:

Tel: +1 (713) 375-3494

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about SCHLUMBERGER LIMITED
10:05aSCHLUMBERGER LIMITED/NVá : Regulation FD Disclosure (form 8-K)
AQ
10:01aSCHLUMBERGERá : Le Peuch Speaks at JP Morgan Energy, Power & Renewables Conferen..
PU
07:05aSCHLUMBERGERá : Announces Commitment to Net Zero by 2050 Decarbonization plan le..
PU
07:02aSCHLUMBERGERá : Announces Commitment to Net Zero by 2050
BU
06/16Schlumberger Limited - Equinor Awards Subsea Integration Alliance EPCI Contra..
AQ
06/15Schlumberger Unit, Subsea 7 Win Contract From Equinor for Brazil's Bacalhau O..
MT
06/15SCHLUMBERGERá : Equinor Awards Subsea Integration Alliance EPCI Contract for Bac..
PU
06/15SCHLUMBERGERá : Equinor Awards Subsea Integration Alliance EPCI Contract for Bac..
PU
06/14FTSE Closes Higher Thanks to Oil Stocks' Rise
DJ
06/14FTSE Rises, Pound Falls on Reports of Lockdown Exit Delay
DJ
More news
Financials (USD)
Sales 2021 22 666 M - -
Net income 2021 1 574 M - -
Net Debt 2021 12 031 M - -
P/E ratio 2021 29,7x
Yield 2021 1,51%
Capitalization 46 313 M 46 313 M -
EV / Sales 2021 2,57x
EV / Sales 2022 2,23x
Nbr of Employees 86 000
Free-Float 97,4%
Chart SCHLUMBERGER LIMITED
Duration : Period :
Schlumberger Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SCHLUMBERGER LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 33,37 $
Last Close Price 33,12 $
Spread / Highest target 41,9%
Spread / Average Target 0,75%
Spread / Lowest Target -45,4%
EPS Revisions
Managers and Directors
NameTitle
Olivier Le Peuch Chief Executive Officer & Director
Stephane Biguet Chief Financial Officer & Executive Vice President
Mark G. Papa Non-Executive Chairman
Demosthenis Pafitis Chief Technology Officer
Henri Seydoux Fornier de Clausonne Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SCHLUMBERGER LIMITED43.33%46 313
HALLIBURTON COMPANY16.35%20 775
BAKER HUGHES COMPANY14.34%18 448
NOV INC.18.57%6 360
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED17.15%4 386
TECHNIPFMC PLC-0.43%4 218