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The sale price is 45.84-a-share price was 37.5 percent higher than Smith closing price on 18 February 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. The merger was completed on August 27, 2010.
Techlog is a Schlumberger owned Windows based software platform intended to aggregate all the wellbore information. It allows the user to interpret any log and core data. It addresses the need for a single platform able to support all the wellbore data and interpretation integration workflows, reducing the need for a multitude of highly specialized tools.
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process ...
In this article we will analyze whether Schlumberger Limited. (NYSE:SLB) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas.
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The Schlumberger company then tried to expand their activities to many other countries, but the attempts were hindered by the worldwide depression. On 15 September 1934, Schlumberger's subsidiary in the United States became Schlumberger Well Surveying Corporation (SWSC) with offices in Houston, Texas. Conrad was the chairman, and Marcel was the ...
A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International.