Schlumberger Limited was founded in 1926 by the French brothers Conrad and Marcel Schlumberger as the Electric Prospecting Company (Societe de Prospection Electrique). The company sold electrical measurement mapping services.
They expanded rapidly and in 1935 the Schlumberger Well Surveying Corporation was founded in Houston, Texas. They later evolved into Schlumberger Well Services, and then Schlumberger Wireline and Testing.
In 1956, Schlumberger Limited was created as a holding company for all of the Schlumberger businesses, which included the American company, Johnson Testers.
The company continued to invest heavily in research, and in 1981 they established the first data links with email.
Schlumberger invested in numerous joint ventures throughout their history; notably Dowell Schlumberger with Dow Chemical in 1960, specializing in pumping services for the oil industry and M-I L.L.C. with Smith Internationalin 1999, the world’s largest drilling fluid company.
Today Schlumberger supplies the petroleum industry with seismic acquisition and processing, formation evaluation, well testing, directional drilling, well cementing and stimulation, artificial lift, flow assurance and consulting, software and information management, groundwater extraction, and carbon capture and storage.
Schlumberger has more than 120,000 employees and works in more than 85 countries worldwide. Their operating income for 2012 was $7.2 billion.
Schlumberger Limited
Schlumberger Limited was founded in 1926 by the French brothers Conrad and Marcel Schlumberger as the Electric Prospecting Company (Societe de Prospection Electrique). The company sold electrical measurement mapping services.
They expanded rapidly and in 1935 the Schlumberger Well Surveying Corporation was founded in Houston, Texas. They later evolved into Schlumberger Well Services, and then Schlumberger Wireline and Testing.
In 1956, Schlumberger Limited was created as a holding company for all of the Schlumberger businesses, which included the American company, Johnson Testers.
History
The company continued to invest heavily in research, and in 1981 they established the first data links with email.
Schlumberger invested in numerous joint ventures throughout their history; notably Dowell Schlumberger with Dow Chemical in 1960, specializing in pumping services for the oil industry and M-I L.L.C. with Smith Internationalin 1999, the world’s largest drilling fluid company.
Today Schlumberger supplies the petroleum industry with seismic acquisition and processing, formation evaluation, well testing, directional drilling, well cementing and stimulation, artificial lift, flow assurance and consulting, software and information management, groundwater extraction, and carbon capture and storage.
Schlumberger has more than 120,000 employees and works in more than 85 countries worldwide. Their operating income for 2012 was $7.2 billion.
