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In April 1992, Baker Hughes acquired Teleco Oilfield Services, a provider of directional measurement-while-drilling technology, from Sonat for $200 million cash, preferred stock and royalty from future sales of Teleco's "triple combo" sensors. Teleco Oilfield Services was founded in 1972 and introduced the world's first MWD tool in 1978.
Measurement while drilling (MWD) Nuclear magnetic resonance (NMR) v. t. e. A drilling rig is used to create a borehole or well (also called a wellbore) in the earth's sub-surface, for example in order to extract natural resources such as gas or oil. During such drilling, data is acquired from the drilling rig sensors for a range of purposes ...
Schlumberger Announces Second-Quarter 2013 Results Schlumberger Limited PARIS--(BUSINESS WIRE)-- Schlumberger Limited (NYS: SLB) today reported second-quarter 2013 revenue of $11.18 billion versus ...
He also spent time as the Director for Business Development and Marketing for Schlumberger Oilfield Services, and the vice president for strategy, regional development, and government relations at IBS, which was at that time the largest Russian system integration and software consulting company.
Integrated Solutions [buzzword], Production Systems, Processing Systems, Control Systems, Swivel and Marine Systems, Subsea Services. Revenue. $2 Billion USD (2014) [2] Parent. Schlumberger. OneSubsea is a Schlumberger company, headquartered in Houston, Texas, United States. The company is a subsea supplier [3] for the subsea oil and gas market.
The production string is a part of an oil well that is composed of the production tubing and other completion components and serves as the conduit through which the production fluid flows from the oil reservoir to the surface through the wellhead. Its purpose is to both contain the fluids from contaminating the environment or eroding the other ...
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