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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 6057 times)

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AGelbert

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The Schlumberger Walking DEAD
« on: December 17, 2014, 09:47:30 pm »
The Schlumberger Walking DEAD: They've already lost 10 billion from their 110 billion market cap in less than a year.  Watch as this 100 billion dollar polluting beast (stock symbol SLB) turns into NADA in the next THREE YEARS. Enjoy the ride, worshipers of fracking.



Quote


Schlumberger N.V. (Schlumberger), incorporated on November 6, 1956, is the supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company’s segments include Reservoir Characterization Group, which consists of the principal technologies involved in finding and defining hydrocarbon deposits; Drilling Group, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells, and Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Subsea, Water Services, Carbon Services and the Schlumberger Production Management field production projects.



Reservoir Characterization Group


Reservoir Characterization Group consists of the principal Technologies involved in finding and defining hydrocarbon resources. These include WesternGeco, Wireline, Testing Services, Schlumberger Information Solutions and PetroTechnical Services. WesternGeco is the geophysical services company, providing worldwide reservoir imaging, monitoring and development services. WesternGeco offers the industry’s multiclient data library. Wireline provides the information necessary to evaluate subsurface formation rocks and fluids to plan and monitor well construction, and to monitor and evaluate well production. Wireline offers both openhole and cased-hole services, including wireline perforating.

Testing Services provides exploration and production pressure and flow-rate measurement services both at the surface and downhole. The Technology also provides tubing-conveyed perforating services. Schlumberger Information Solutions provides software, consulting, information management and information technology (IT) infrastructure services that support core oil and gas industry operational processes. Schlumberger Information Solutions provides software, consulting, information management and IT infrastructure services that support core oil and gas industry operational processes. PetroTechnical Services supplies interpretation and integration of all exploration and production data types, as well as expert consulting services for reservoir characterization, field development planning production enhancement and multi-disciplinary reservoir and production solutions. PetroTechnical Services also provides industry petrotechnical training solutions.


Drilling Group


Drilling Group consists of the principal Technologies involved in the drilling and positioning of oil and gas wells and consists of Bits & Advanced Technologies, M-I SWACO, Geoservices, Drilling & Measurements, PathFinder, Drilling Tools & Remedial Services, Dynamic Pressure Management and Integrated Project Management well construction projects. Bits & Advanced Technologies designs, manufactures and markets roller cone and fixed cutter drill bits for all environments. The drill bits include designs for market segments where faster penetration rates. The technologies leverage modeling and simulation software for the design of application-specific bits and cutting structures.


M-I SWACO is the supplier of drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty equipment designed to optimize wellbore productivity and production technology solutions formulated to maximize production rates.    The Technology also includes environmental solutions   that safely manage waste volumes generated in both drilling and production operations. Geoservices supplies mud logging services for geological and drilling surveillance. Drilling & Measurements and PathFinder provide directional-drilling, measurement-while-drilling and logging-while-drilling services for all well profiles, as well as engineering support. Drilling Tools & Remedial provides a range of bottom hole assembly drilling tools, borehole enlargement technologies and impact tools, as well as a collection of tubulars and tubular services for oil and gas drilling operations. Dynamic Pressure Management consolidates managed pressure drilling and underbalanced drilling into a single provider of engineered solutions for pressure drilling services.


Production Group


Production Group consists of the principal Technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Subsea, Water Services, Carbon Services and Schlumberger Production Management field production projects. Well Services provides services used during oil and gas well drilling and completion as well as those used to maintain optimal production throughout the life of a well. The services include pressure pumping, well cementing and stimulation operations as well as intervention activities.   
Completions supplies well completion services and equipment that include packers, safety valves, sand control technology as well as a range of intelligent   ;)well completions technology and equipment. Artificial Lift provides production equipment and optimization services using electrical submersible pumps and gas lift equipment, as well as surface horizontal pumping systems.


Well Intervention develops coiled tubing equipment and services and provides slickline services for downhole mechanical well intervention, reservoir monitoring and downhole data acquisition. Subsea offers solutions that are designed to improve reservoir recovery optimize production and maximize production uptime of subsea assets. Water Services specializes in the development, management and environmental protection of water resources. Carbon Services provides geological storage solutions, including storage site characterization for carbon dioxide

My advice to anybody that owns stock in this Polluting PIG is to SELL or you will lose your arse.  ;D

El Que No Oye Consejo, No Llega a Viejo.

The translation is this: He who does not listen to advice does not make it to old age. (it rhymes in Spanish!)   ;D
« Last Edit: December 18, 2014, 08:23:27 pm by AGelbert »
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

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