Archive for 'Schlumberger'

Schlumberger 4Q16 & Full Year 2016 Results – Swings to Net Loss

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Schlumberger 3Q16: Turns a Profit, but Profits Down 82% Y/Y

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Schlumberger 2Q16: The Worst is Over, Drilling on the Upswing

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Schlumberger Drilling Marcellus Test Wells in WV for DOE’s NETL

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Oilfield Services Co. Schlumberger Completes Merger with Cameron

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Schlumberger’s Ugly 4Q15: Fired Another 10,000, Lost $1B

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Schlumberger 3Q15: Revenue Down 33% Worldwide, Down 47% in N.A.

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Tiny Balls & Instant Credit – Oilfield Services Cos. Get Creative

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DUG East Panelists Discuss the Critical Role of Sand in Drilling

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Schlumberger Cuts Another 11K Jobs, 15% of Workforce Gone in 4 Mos

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Schlumberger Firing 9,000 to Reduce Head Count, “Low Oil Prices”

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Marcellus Oilfield Services Cos Being Forced to Discount

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OH Gov. Kasich Goes Foreigner-Hunting in Strasburg

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Record-Breaking 19K New Wells to be Fracked in 2012

Hydraulic fracturing, the process used to break apart shale rock deep below the earth’s surface to allow natural gas and oil to flow, will increase in 2012 some 19 percent from last year according to Spears & Associates, a research and consulting company for the worldwide petroleum industry. Almost 19,000 new wells will be fracked […]

Technology Advances Lead to “Greener” Hydraulic Fracturing

A somewhat technical, but informative article on how hydraulic fracturing technology is getting more environmentally friendly was recently published in Drilling Contractor. Halliburton, Baker Hughes, Schlumberger, Weatherford International, GasFrac Energy Services, Universal Well Services and Frac Tech Services went on the record with Drilling Contractor about the environmental aspects of hydraulic fracturing and “green” developments. […]

Surprise! New York State’s Pension Fund Invests $1 Billion in Shale Gas Drilling Companies

In an interesting (some would say hypocritical) twist on New York State’s moratorium against drilling in the Marcellus Shale because of environmental concerns, it seems the state’s comptroller has no problem investing some of the state’s huge $140 billion pension fund in shale gas drilling operations, to the tune of $1 billion:

 

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