Schlumberger NV

Schlumberger NV

Sector: Oil And Gas Field Exploration Services Region: TX, United States

: | Mexican Stock Exchange: SLBN | SIX Swiss Exchange: SLB | New York Stock Exchange: SLB | Euronext Paris: SLB | Frankfurt Stock Exchange: SCL

Similar to: Bahamas Petroleum Co. Plc, Falkland Oil & Gas Ltd., Nostrum Oil & Gas

Schlumberger NV operates as an oilfield services company, which supplies technology, project management and information solutions for the oil and gas industry. The company operates through three segments: Reservoir Characterization Group, Drilling Group and Production Group. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining of hydrocarbon deposits. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon deposits. These include WesternGeco, Wireline, Testing Services, Schlumberger Information Solutions and Data & Consulting Services. The WesternGeco is a geophysical services company, providing comprehensive worldwide reservoir imaging, monitoring and development services. The Wireline provides the information necessary to evaluate subsurface formation rocks and fluids to plan and monitor well construction, and to monitor and evaluate well production. It offers both open hole and cased hole services, including wireline perforating. The Testing Services provides exploration and production pressure and flow-rate measurement services both at the surface and down hole. The technology also provides tubing-conveyed perforating services. The Schlumberger Information Solutions provides software, consulting, information management and IT infrastructure services that support core oil and gas industry operational processes. The Data & Consulting Services supplies interpretation and integration of all exploration and production data types, as well as expert consulting services for reservoir characterization, production enhancement, field development planning and multi-disciplinary reservoir and production solutions. It also provides industry petrotechnical training solutions. The Drilling Group consists of the principal technologies involved in the drilling and positioning of oil and gas wells and comprises Bits & Advanced Technologies, M-I SWACO, Geoservices, Drilling & Measurements, PathFinder, Drilling Tools & Remedial, Dynamic Pressure Management and Integrated Project Management well construction projects. The Bits & Advanced Technologies designs, manufactures and markets roller cone and fixed cutter drill bits for all environments. The technologies leverage proprietary modeling and simulation software for the design of application-specific bits and cutting structures. The M-I SWACO supplies drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty equipment designed to optimize wellbore productivity and production technology solutions formulated to maximize production rates. The technology also includes environmental solutions that safely manage waste volumes generated in both drilling and production operations. The Geoservices supplies mud logging services for geological and drilling surveillance. The Drilling & Measurements and PathFinder supplies engineering support, directional-drilling, measurement-while-drilling and logging-while-drilling services for all well profiles. The Drilling Tools & Remedial provides a wide variety of bottom hole assembly drilling tools, borehole enlargement technologies and impact tools, as well as a comprehensive collection of tubulars and tubular services for oil and gas drilling operations. The Dynamic Pressure Management consolidates managed pressure drilling and underbalanced drilling into a single provider of engineered solutions for pressure drilling services. The Reservoir Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift and Well Intervention, Subsea, Water Services, Carbon Services and Schlumberger Production Management field production projects. The Well Services provides services used during oil and gas well drilling and completion storage solutions, as well as those used to maintain optimal production throughout the life of a well. The services include pressure pumping, well cementing and stimulation operations as well as intervention activities. The Completions supplies well completion services and equipment that include packers, safety valves, sand control technology, as well as a range of intelligent well completions technology and equipment. The Artificial Lift provides production equipment and optimization services using electrical submersible pumps and gas lift equipment, as well as surface horizontal pumping systems. The Well Intervention develops coiled tubing equipment and services and provides slickline services for downhole mechanical well intervention, reservoir monitoring and downhole data acquisition. The Subsea offers solutions that are designed to improve reservoir recovery, optimize production and maximize production uptime of subsea assets. The Water Services is specialized in the development, management and environmental protection of water resources. The Carbon Services provides comprehensive geological storage solutions, including storage site characterization for carbon dioxide. The Schlumberger Oilfield Services also offers customers its services through business models known as Integrated Project Management and Schlumberger Production Management. These models combine the required services and products of the technologies with both drilling rig management expertise and project management skills to provide a complete solution to well construction and production improvement. The Distribution segment is a provider of pipes, valves and valve automation, fittings, mill and tool supplies, safety products and artificial lift systems to the energy and industrial markets. It also provides warehouse management, vendor integration and various inventory management services. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

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National Oil Companies Conference - future of upstream technology - Schlumberger - Andrew Gould

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National Oil Companies Conference - future of upstream technology - Schlumberger - Andrew Gould

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From the exhibit floor: Schlumberger launches imaging-while-drilling, at-bit imaging services


Paal Kibsgaard, Paal Kibsgaard
Paal Kibsgaard is chief executive officer of Schlumberger Limited. Prior to his most recent position, Kibsgaard held a variety of global management positions including chief operating officer, vice president of Engineering, Manufacturing and Sustaining; vice president of Personnel for Schlumberger Limited; and president of Schlumberger Drilling & Measurements.
Earlier in his Schlumberger career, Kibsgaard was GeoMarket manager for the Caspian region after holding various field positions in technical sales and customer support.
A petroleum engineer with a master’s degree from the Norwegian Institute of Technology, Kibsgaard began his career in 1992 working for ExxonMobil. In 1997, he joined Schlumberger as a Reservoir Engineer in Saudi Arabia.
Simon Ayat, Executive Vice President & Chief Financial Officer
Simon Ayat is executive vice president and chief financial officer of Schlumberger Limited, based in Houston, Texas. Prior to assuming his current role, Ayat served as the company’s vice president treasurer and previously held the position of vice president controller and business processes.
Ayat’s 28-year career with Schlumberger spans a variety of management positions from Paris, Houston and Dallas to the Middle East and Far East regions. His assignments have included serving as Oilfield Services group controller; vice president finance for non-oilfield activities; GeoMarket general manager, Indonesia; Sedco Forex regional vice president, Asia; group controller for Wireline; and region controller for Wireline in the Far East and for Sedco Forex in North and South America. He began his career as controller for the Forex Neptune drilling division.
Ayat graduated from the University of San Francisco where he received a bachelor of science degree in business administration with an emphasis on finance and accounting.
Ashok Belani, Executive Vice President Technology
Ashok Belani is executive vice president Technology, a position he assumed in August 2011. Based in Paris and Houston, Belani leads the Schlumberger engineering, manufacturing and sustaining organization in addition to supervising the company's research activities. Prior to this appointment Belani served as president, Reservoir Characterization and earlier as chief technology officer.
Belani joined Schlumberger as a field engineer in 1980 and worked for 10 years in different field positions in operations, sales, and management. He then transferred to product development and held positions in engineering, marketing and technique, and technology management. He served as vice president of Marketing and Product Development for Wireline and later as vice president of Marketing and Product Development for Oilfield Services. He moved to Test and Transactions in 1999 and served as president of Semiconductor Solutions. He later held the position of CIO of Schlumberger Limited. From 2003 to 2005, Belani led the effort to divest the semiconductor equipment business from Schlumberger, listed the subsequent company on the Nasdaq stock exchange and then merged it with Credence Systems.
Belani studied electrical engineering in India and holds a master's degree in petroleum engineering from Stanford University. He currently serves on the Advisory Board for the School of Earth Sciences at Stanford University, and Institute Physique du Globe, Paris.

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