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Schlumberger
Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston, Texas. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue. Also known as Schlumberger Limited, the company trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. In 2022, the Forbes Global 2000 ranked Schlumberger the 349th largest company in the world. History Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company () by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial li ...
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Schlumberger Well Surveying Corporation Building -- Houston
Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston, Texas. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue. Also known as Schlumberger Limited, the company trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. In 2022, the Forbes Global 2000 ranked Schlumberger the 349th largest company in the world. History Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company () by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift ...
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Schlumberger
Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston, Texas. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue. Also known as Schlumberger Limited, the company trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. In 2022, the Forbes Global 2000 ranked Schlumberger the 349th largest company in the world. History Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company () by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial li ...
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Schlumberger Brothers
Conrad Schlumberger (2 October 1878 in Gebweiler ( Alsace-Lorraine) – 9 May 1936 in Stockholm) and Emile Henry Marcel Schlumberger (21 June 1884 in Gebweiler – 9 May 1953 in Val-Richer) were brothers from the region of Alsace-Lorraine, France, then a part of the German Empire The German Empire (),; ; World Book, Inc. ''The World Book dictionary, Volume 1''. World Book, Inc., 2003. p. 572. States that Deutsches Reich translates as "German Realm" and was a former official name of Germany. also referred to as Imperia .... Their inventions in the area of geophysics and well logging were the beginnings of Schlumberger, Schlumberger Well Services and the entire well logging industry. Life and work Conrad and Marcel were two of six children of an affluent Alsatian Protestantism in France, Protestant family. Their father, Paul, was descended from a wealthy cotton weaving family. Their mother, Marguerite de Witt-Schlumberger, Marguerite De Witt, was a political activist. ...
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Olivier Le Peuch
Olivier Le Peuch (born 1963/1964) is a French businessman, and the chief executive officer (CEO) of Schlumberger, the world's largest oilfield services company, effective 1 August 2019. Early life and education Le Peuch was born and raised in France. He earned a bachelor's degree in electrical engineering, and a master's degree in microelectronics, both from ENSEIRB-MATMECA and University of Bordeaux The University of Bordeaux (, ) is a public research university based in Nouvelle-Aquitaine in southwestern France. It has several campuses in the cities and towns of Bordeaux, Dax, Gradignan, Périgueux, Pessac, and Talence. There are al .... Career In 1987, Le Peuch joined Schlumberger as an electrical engineer. He has worked for Schlumberger for 32 years (as of July 2019), rising to chief operating officer (COO) in February 2019, before succeeding Paal Kibsgaard as CEO on 1 August 2019. In 2023, Le Peuch's total compensation from Schlumberger was $17.2 million, re ...
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Petroleum Reservoir
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial te ...
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Curaçao
Curaçao, officially the Country of Curaçao, is a constituent island country within the Kingdom of the Netherlands, located in the southern Caribbean Sea (specifically the Dutch Caribbean region), about north of Venezuela. Curaçao includes the main island of Curaçao and the much smaller, uninhabited island of Klein Curaçao ("Little Curaçao"). Curaçao has a population of 158,665 (January 2019 estimate), with an area of ; its capital is Willemstad. Together with Aruba and Bonaire, Curaçao forms the ABC islands (Leeward Antilles), ABC islands. Collectively, Curaçao, Aruba, and other Dutch islands in the Caribbean are often called the Dutch Caribbean. It is the largest of the ABC islands in terms of area, as well as in terms of population, and is the largest in the Dutch Caribbean. The island's name "Curaçao" may originate from the indigenous autonym of its people; this idea is supported by early Spanish accounts referring to the inhabitants as Indios Curaçaos. Curaç ...
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Willemstad
Willemstad ( ; ; ; ) is the capital city, capital and largest city of Curaçao, an island in the southern Caribbean Sea that is a Countries of the Kingdom of the Netherlands, constituent country of the Kingdom of the Netherlands. It was the capital of the Netherlands Antilles prior to that entity's Dissolution of the Netherlands Antilles, dissolution in 2010. The city counts to have around 90% of Curaçao’s population, with 136,660 inhabitants as of 2011. The historic centre of the city consists of four quarters: the Punda and Otrobanda, which are separated by the Sint Anna Bay, an inlet that leads into the large natural harbour called the Schottegat, as well as the Scharloo and Pietermaai Smal quarters, which are across from each other on the smaller Waaigat harbour. Willemstad is home to the Curaçao synagogue, the oldest surviving synagogue in the Americas. The city centre, with its unique architecture and harbour entry, has been designated a UNESCO World Heritage Site. His ...
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Well Test (oil And Gas)
In the petroleum industry, a well test is the execution of a set of planned data acquisition activities. The acquired data is analyzed to broaden the knowledge and increase the understanding of the hydrocarbon properties therein and characteristics of the underground reservoir where the hydrocarbons are trapped. The test will also provide information about the state of the particular well used to collect data. The overall objective is identifying the reservoir's capacity to produce hydrocarbons, such as oil, natural gas and condensate. Data gathered during the test period includes volumetric flow rate and pressure observed in the selected well. Outcomes of a well test, for instance flow rate data and gas oil ratio data, may support the well allocation process for an ongoing production phase, while other data about the reservoir capabilities will support reservoir management. Scope and definitions There are many flavours of well tests and various ways to categorize test typ ...
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Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: 2023 list In 2023, the ten largest companies as calculated by this method were: 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the ''Forbes'' Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sec ...
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List Of Oilfield Service Companies
This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies. Definition Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. In 2019, the global oilfield services market was US $ 267.8 billion. List * ABB * Abbot Group * Acteon * Aibel * Aker Solutions * Baker Hughes * Calfrac Well Services * Canary (formerly Frontier Energy Group) * CGG * China Oilfield Services * Clough Group * Core Laboratories * Cyntech * DCP Midstream Partners * Diamond Offshore Drilling * DOF Subsea * Engineers India * ESG Solutions * Eversource Energy * Expro * Fairfield Geotechnologies * Fern Communications * Flowserve * Fluor Corporation * Fugro * Gaia Earth Sciences * Geokinetics * Geophysical Ser ...
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Alsace
Alsace (, ; ) is a cultural region and a territorial collectivity in the Grand Est administrative region of northeastern France, on the west bank of the upper Rhine, next to Germany and Switzerland. In January 2021, it had a population of 1,919,745. Alsatian culture is characterized by a blend of German and French influences. Until 1871, Alsace included the area now known as the Territoire de Belfort, which formed its southernmost part. From 1982 to 2016, Alsace was the smallest administrative in metropolitan France, consisting of the Bas-Rhin and Haut-Rhin Departments of France, departments. Territorial reform passed by the French Parliament in 2014 resulted in the merger of the Alsace administrative region with Champagne-Ardenne and Lorraine to form Grand Est. On 1 January 2021, the departments of Bas-Rhin and Haut-Rhin merged into the new European Collectivity of Alsace but remained part of the region Grand Est. Alsatian dialect, Alsatian is an Alemannic German, Alemannic ...
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Formation Evaluation
Formation Evaluation in Petroleum Engineering is the process of assessing subsurface rock formations to determine their ability to produce oil and gas. It helps identify hydrocarbon-bearing zones, understand reservoir properties, and make decisions about well completion, production, and reservoir management. In petroleum exploration and development, formation evaluation is used to determine the ability of a borehole to produce petroleum. Essentially, it is the process of "recognizing a commercial well when you drill one". Modern rotary drilling usually uses a heavy mud as a lubricant and as a means of producing a confining pressure against the formation face in the borehole, preventing blowouts. Only in rare and catastrophic cases, do oil and gas wells ''come in'' with a fountain of gushing oil. In real life, that is a '' blowout''—and usually also a financial and environmental disaster. But controlling blowouts has drawbacks—mud filtrate soaks into the formation arou ...
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