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Oilfield terminology refers to the jargon used by those working in fields within and related to the upstream segment of the petroleum industry. It includes words and phrases describing professions, equipment, and procedures specific to the industry. It may also include slang terms used by oilfield workers to describe the same.
Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
AGA – American Gas Association. AGRU – acid gas removal unit. AGT – (1) agitator, used in drilling. AGT – (2) authorised gas tester (certified by OPITTO) AGT – (3) Azerbaijan – Georgia – Turkey (a region rich in oil related activity) [3] AHBDF – along hole (depth) below Derrick floor. AHD – along hole depth.
A year after Schlumberger rebranded to SLB and dropped the family name of the founding brothers, the oil-field services leader is seeing the benefits that change is having on reinventing itself as ...
Following his retirement from Schlumberger Ltd., Gould was serving as non-executive chairman of the British oil company BG Group until their merger with Shell in 2015. [5] [6] [7] Until May 2012, Gould was a member of the Board and Lead Independent Director of Rio Tinto plc. and Rio Tinto Ltd. and led their remuneration committee.
And one of the most aggressive acquirers is oil services company Schlumberger . This week, the company announced that it's paying $1.07 billion for Geoservices , a privately held business based in ...
Because gas rises above oil, this latter line marks the gas-and-oil contact zone. 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 ...
Smith International was a Fortune 500 company headquartered in the Greenspoint district and in unincorporated Harris County, Texas. [2] [3] Smith International ceased to exist as an independent company following the merger with Schlumberger. This company supplies products to gas and oil production and exploration companies.
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