SLB

Company Overview

SLB supplies technology products and services to the oil and gas exploration and production industry worldwide. The company operates its business through four divisions: digital and integration, reservoir performance, well construction, and production systems.

The digital and integration segment combines Schlumberger’s software and seismic businesses with its integrated offering of asset performance solutions (APS). APS helps develop or redevelop fields while increasing production, improving cash flow, and extending recovery for customers by providing fit-for-purpose solutions. The reservoir performance division develops and deploys innovative technologies and services to evaluate, intervene, and stimulate reservoirs that help customers understand subsurface assets and maximize their value. The well construction division provides operators and drilling rig manufacturers with services and products related to designing and constructing a well. The production systems division of the company provides a comprehensive portfolio of equipment and services, including subsurface production systems, subsea and surface equipment and services, and midstream production systems.

The company is a prominent provider of pipeline monitoring using fiber-optic technologies. It designs, delivers, and supports pipeline surveillance solutions for operators and plants around the world. The company provides a range of distributed fiber-optic sensors that are designed and manufactured at the Schlumberger Fiber Optics Technology Center in the U.K.

Financial Highlights (FY 2023)

Company's Business Segments

• Digital & Integration : Includes Products, Services, Solutions that span the Energy Value Chain from Subsurface Characterization through Field Development, Hydrocarbon Production to Carbon Management, the Integration of Adjacent Energy Systems.
• Reservoir Performance : Consists of Reservoir-centric Technologies, Services that are critical to Optimizing Reservoir Productivity, Performance. Reservoir Performance develops, deploys Innovative Technologies, Services to Evaluate, Intervene, Stimulate Reservoirs providing customers with Greater Insights into their Assets, Maximizing their Return on Investment.
• Well Construction : Combines the full portfolio of products, services to optimize well Placement, Performance, Maximize Drilling Efficiency, Improve wellbore assurance. Well Construction provides Operators, Drilling Rig Manufacturers with Services, Products related to Designing, Constructing a well.
• Production Systems : Develops Technologies, Provides expertise that enhance Production, Recovery from subsurface reservoirs to the surface, into Pipelines to refineries. Production Systems provides a comprehensive portfolio of equipment and services including Subsurface Production Systems, Subsea, Surface Equipment, Services, Midstream Production Systems.