The world’s largest oilfield services company, Schlumberger Ltd., is taking on climate change, announcing it will commit to reducing its emissions using science-based targets.
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Schlumberger Sets Target on Reducing GHG Emissions to Meet UN Climate Goals
The world’s largest oilfield services company, Schlumberger Ltd., is taking on climate change, announcing it will commit to reducing its emissions using science-based targets.
Schlumberger Records $11B Loss, Says North American E&Ps Reining in Activity
Schlumberger Ltd., the world’s largest oilfield services operator, beat revenue expectations during the third quarter but pre-tax charges resulted in a huge loss, including a $1.6 billion charge in the North American hydraulic fracturing business.
Schlumberger Expecting NAM Land Activity to Plunge 10%
Schlumberger Ltd., the No. 1 oilfield services (OFS) operator in the world, is forecasting a sharp pullback in U.S. and Canadian onshore activity this year, while domestic offshore and overseas activity are on an upward trajectory.
NGI The Weekly Gas Market Report
North America Onshore Likely Down 10% in ’19, Says Schlumberger Chief
Soft pricing and lower onshore activity pressured Schlumberger Ltd.’s North American results in the first quarter, and there’s likely to be a continued downturn in the land business this year, CEO Paal Kibsgaard warned Thursday.
Schlumberger, Rockwell Creating Digital Oilfield Know It All
Schlumberger Ltd. is taking its reservoir technology and combining it with industrial automation and information created by Rockwell Automation to help oil and natural gas customers improve the value of their investments.
Haynesville’s Soaring Natural Gas Output Said Sustainable as LNG Exports Grow
Natural gas production in a former darling of the onshore unconventionals, the Haynesville Shale, is getting serious looks from new suitors, including operators looking for export stores, with production on course to hit record heights, according to Rystad Energy.
North America Onshore Fracture Pricing, Activity Worse Than Forecast, Schlumberger Executive Says
Schlumberger Ltd. is signaling a sharper-than-expected sequential decline in profits for the fourth quarter because of a “significantly larger drop in activity” than expected, a top executive said Tuesday.
E&P Customers Lining Up as Oil Market Tightens, Says Schlumberger CEO
North America onshore operations are set to surge this year for Schlumberger Ltd., as it readies more horsepower and expands capacity for sold-out rotary steerables and drillbit technologies, CEO Paal Kibsgaard said Friday.
Schlumberger Scuttles OneStim Plan, Buys Out Weatherford’s U.S. Fracture Business Instead
Weatherford International plc has sold its U.S. pressure pumping and pump-down perforating assets to a subsidiary of Schlumberger Ltd. for $430 million, scrapping a plan initiated in early 2017 to partner in the domestic arena.