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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.
Pay: A reservoir or portion of a reservoir containing hydrocarbons that can be economically produced, i.e. it is capable of "paying" an income. Also referred to as "pay sand" or the "pay zone". Petroleum play (or "play"): A group of oil prospects that are controlled by the same set of geological circumstances.
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.
The 7-2 decision overturned a lower court's ruling that had enforced limits on applying U.S. patent law overseas and reduced by $93.4 million the damages sum that rival ION Geophysical Corp had to ...
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. He became its CEO in August 2011, succeeding Andrew Gould, who retired as chairman and CEO. He was replaced by Olivier Le Peuch in August 2019. Under his leadership, the company laid off approximately 70,000 employees in less than three years.
Transocean Ltd. Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
Top oilfield services firm Schlumberger NV on Thursday said it had withdrawn staff from next week's Offshore Technology Conference (OTC), which typically attracts at least 60,000 attendees to ...
Baker Oil Tool Company. Reuben C. Baker (1872–1957) was a farm boy who never advanced in school beyond the third grade. He followed his brother Aaron Alphonso Baker into the oil business. In 1895, he got a job in a California oilfield driving a horse team to haul oil for drillers. One year later, he became a drilling contractor.