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Market summary


SLB 64.40-0.7
Brent 75.87-2.12
WTI 77.43-2.19
Natural Gas 4.595-0.19
Oil Service 120.94-0.9
Rig Counts
Worldwide 3384+60
U.S. 1228-40
Canada 211+18


Press Releases

Executive Presentations
Inside Schlumberger
  • Increase Reservoir Contact in Shales
    In shale reservoirs, success depends on maximizing the amount of reservoir rock in contact with the well. Towards that end, operators rely heavily on horizontal wells and hydraulic fracturing. And while recent advances in these technologies have been key to the economic viability of these developments, said Doug Pferdehirt, Schlumberger reservoir production group president, there is considerable room for improvement.

  • Deep Thinking in Deep Water
    In 2001, with construction underway on its massive deepwater Mars tension leg platform, Shell concluded major design adjustments were needed. The operator had just learned of advances in well completion technology that would boost production beyond the facility's original design capacity. Typically, changing plans during construction is a logistical nightmare. But because the Mars team was made up of experts from across all disciplines involved in project planning and execution, Shell was able to implement all necessary changes in the construction yard before the giant floating platform sailed off.


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