Schlumberger, WesternGeco to Provide E&P Data
WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions.The collaboration will bring together data, technology, and expertise from two of the…
Schlumberger Taps Google as Preferred Cloud Provider
Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness the power of Google’s cloud infrastructure…
Schlumberger Wins in US Supreme Court on Patent Damages
The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world's largest oilfield services provider.The 7-2 decision overturned a lower court's ruling that had enforced limits on applying U.S.
Schlumberger Fights to Boost Patent Damages at US Supreme Court
The U.S. Supreme Court on Monday appeared divided over whether to make it easier for companies to recoup profits lost due to the unauthorized use of their patented technology overseas in a dispute involving Schlumberger NV, the world's largest oilfield services provider.The nine justices…
Mexico's Oil Reform a Boon for Hard-hit Oil Service, Seismic Firms
Oil service and mapping firms still emerging from an industry recession have received a boost from about $800 million of data sales to energy firms considering bidding for Mexican oil and gas blocks. Mexico will on Wednesday hold its most important auction since a 2013 reform ended…
US Supreme Court to Hear Schlumberger Fight over Patent Damages
The U.S. Supreme Court on Friday agreed to review a bid by Schlumberger NV, the world's largest oilfield services provider, to allow companies to recoup profits lost due to patent infringement when patented technology is used overseas. The case involves a fight over how much rival…
First of Its Kind Survey Completed off Malaysia
WesternGeco has completed a hybrid seismic acquisition survey using Schlumberger’s newly deployed multipurpose vessel (MPV). The 340 km2 3D seismic survey was acquired offshore Sarawak, Malaysia, for Roc Oil using a triple source array with simultaneous recording by ocean-bottom nodes and a towed-streamer spread…
Coyanosa Survey Phase 1 Set to Begin
A FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in the southern Delaware Basin of West Texas, known as Coyanosa Phase I, is scheduled to begin shooting late-August. This initial phase, to be acquired by Dawson Geophysical, will consist of 307 square miles of high-quality…
Rieber Shipping Hopes for Recovery, but is Prepared to Wait
CEO Irene Waage Basili of Norway's Rieber Shipping says hopes marine seismic market could begin to recover in 2017, but is prepared for current market weakness to last another 2-3 years. ** The seismic equipment on the vessels was owned by Dolphin.
PETRONAS Signs Contract with Schlumberger for Campeche Basin Seismic Survey
Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.
Multiclient Wide-Azimuth Deepwater Seismic Survey in Campeche Basin
Schlumberger has announced that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.
Rosneft, BP, Schlumberger Sign Technology Agreements
Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger…
Schlumberger, Statoil Execute Multiclient WAZ Survey in Campeche Basin
Schlumberger announced today that Statoil Gulf of Mexico LLC has signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase.
Schlumberger, Ikon in Software Development Deal
Schlumberger and Ikon Science announced today an agreement to further develop the existing quantitative seismic interpretation capability in the Petrel* E&P software platform. The collaboration will make high-value seismic workflows fully available to customers and allow easy access to advanced reservoir characterization tools.
Schlumberger Launches Industry-first GoM Survey
Schlumberger expanded its Gulf of Mexico multiclient wide-azimuth seismic data portfolio by launching a new survey in the Campeche Basin. The acquisition of the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80,000 sq km using two fleets of WesternGeco vessels…
Schlumberger Launches Two New Multiclient Surveys in the Gulf
Schlumberger announced today the completion of the acquisition of approximately 2,750 sq km of two new full-azimuth multiclient seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of Mexico. These acquisitions are the initial phase of the Revolution X and Revolution XI surveys and will provide full-azimuth…
Schlumberger to Take $1 bln Restructuring Charge in Fourth Quarter
Schlumberger Ltd, the world's No.1 oilfield services provider, said it would take a $1 billion charge related to jobs cuts and the writedown of some seismic vessels as it trims its operations in response to slumping oil prices. The company expects a pretax charge of $200 million in the fourth quarter ending December related to the job cuts…
Schlumberger Cuts Seismic Fleet to Lower Costs
Schlumberger Ltd, the world's No.1 oilfield services provider, said it was reducing the size of its marine seismic fleet to lower costs as it expects customers to cut exploration spending. Schlumberger said it would take a charge of $800 million to write down the value of six vessels…
Seismic Cooperation in Barents Sea Gives New Perspectives
Statoil and its partners have completed their joint seismic acquisition project in the south-eastern Barents Sea. New forms of cooperation have ensured resource-efficient acquisition. “We are pleased to have found a form of cooperation that has ensured good quality data sets and low acquisition costs.
