Climate Change

Schlumberger believes there is sufficient evidence of the seriousness of the situation to start preparing future solutions.

Global climate change is controversial, complex, and potentially catastrophic. Average land and ocean temperatures have risen in the last 150 years, very likely due in part to the greenhouse effect caused by atmospheric carbon dioxide accumulation from burning coal, oil, and gas.

Despite the uncertainties surrounding global climate change, we believe there is sufficient evidence of the potential seriousness of the issue to start preparing future solutions. Among the many challenges is finding ways of using fossil fuels without hurting the environment until alternative forms of energy become cost effective and can be deployed on the scale and with the efficiency required.

"Carbon capture and storage is a serious mitigation option."
— Intergovernmental Panel on Climate Change

One promising solution is carbon capture and storage (CCS), where CO₂ is captured from concentrated sources such as power stations and stored in underground geological formations.

We can contribute through subsurface characterization, modeling, simulation and prediction, well completion, and CO₂ monitoring both during injection and long-term storage.

We're participating in almost all of the CCS initiatives around the world and have created a business unit devoted to investigating and developing the capacity to design, build, and operate CCS projects. If CCS is to have an impact on the CO₂ concentration in the atmosphere, billions of tons of CO₂ will have to be stored and we are gearing up to apply our technology to this global challenge.

We participate in R&D consortia and projects, commercial-size projects, and international forums and trade association projects.

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