Schlumberger Limited | Introduction
Introduction
153 East 53rd Street
57th Floor
New York, New York 10022-4624
U.S.A.
Telephone: (212) 350-9400
Toll Free: (800) 997-5299
Fax: (212) 350-9457
Web site: http://www.slb.com
Public Company
Incorporated: 1956
Employees: 78,000
Sales: $13.47 billion (2002)
Stock Exchanges: New York Paris Amsterdam London Swiss
Ticker Symbol: SLB
NAIC: 213111 Drilling Oil and Gas Wells; 213112 Support Activities for Oil and Gas Operations; 333132 Oil and Gas Field Machinery and Equipment Manufacturing
As oil is explored for and developed all around the world, so is Schlumberger Limited providing a range of oilfield services and products spanning the entire reservoir life cycle. Among these activities are seismic surveying (through the 70-percent-Schlumberger-owned WesternGeco joint venture with Baker Hughes Incorporated), wireline logging (a company invention dating from 1927), directional drilling, measurements while drilling, well services from construction through completion, and integrated project management. Through 28 service regions, the firm's oilfield services operations serve customers in 100 countries. Nearly 70 percent, or $9.35 billion, of the company's 2002 revenues were generated by these services. Beyond these operations, Schlumberger (pronounced shlum-ber-jay) in the early 2000s also operated SchlumbergerSema, a unit that provided information technology consulting, systems integration, and network and infrastructure services to the energy and other industries. The company, however, announced in September 2003 that it would sell the bulk of this unit to Atos Origin SA. Also designated for divestment is a unit called Axalto, which specializes in smart cards and point-of-sale terminals.