SLB 📈 Schlumberger - Overview

Schlumberger NV, listed on the New York Stock Exchange as SLB, is a multinational corporation that specializes in providing cutting-edge technology to the global energy industry. The company's operations are divided into four primary divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. Through these divisions, Schlumberger offers a wide range of services and products aimed at optimizing field development, hydrocarbon production, and carbon management, as well as integrating adjacent energy systems. This includes reservoir interpretation and data processing services for exploration data, well construction and production improvement services, and subsurface geology and fluids evaluation information.

The company's service portfolio is extensive, encompassing open and cased hole services, exploration and production pressure and flow-rate measurement services, and pressure pumping, well stimulation, and coiled tubing equipment solutions. Additionally, Schlumberger provides mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, alongside engineering support services. It also supplies drilling fluid systems, designs, manufactures, and markets roller cone and fixed cutter drill bits, and offers bottom-hole-assembly and borehole enlargement technologies. Well cementing products and services, well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties are also part of its offerings, along with drilling rig management solutions and drilling equipment and services, including land drilling rigs and related services.

Schlumberger further expands its reach with artificial lift production equipment and optimization services, packers, safety valves, sand control technology, and various intelligent well completions technology and equipment. The company designs and manufactures valves, chokes, actuators, and surface trees, and through its OneSubsea integrated solutions, it provides products, systems, and services including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. Founded in 1926 and formerly known as Socie´te´ de Prospection E´lectrique, Schlumberger Limited is headquartered in Houston, Texas, and can be found online at https://www.slb.com. With its common stock listed under the ISIN AN8068571086 and classified under the GICS Sub Industry: Oil & Gas Equipment & Services, Schlumberger continues to play a pivotal role in the energy sector.