Schlumberger Awards Scholarships to the American Association of Petroleum Geologists' Outstanding Student Chapters

NEW ORLEANS, April 13, 2010—Schlumberger announced today its contribution of two $1,000 scholarships to the American Association of Petroleum Geologists' (AAPG) Outstanding Student Chapter Awards.

The University of Oklahoma in Norman, Oklahoma, was the award recipient among United States-based chapters, and University of Diponegoro in Semarang, Indonesia, was honored as the outstanding international chapter. Terry Woods, North America marketing and sales manager for Schlumberger Data & Consulting Services, presented the awards to the two outstanding student chapters.

“Schlumberger is committed to working with universities who continue to excel with their geological programs,” said Woods. “We are honored to support AAPG with its student development programs for these students will one day be valuable contributors in the oil and gas industry.”

The AAPG student chapter at the University of Oklahoma focused on technical growth, career development, and social opportunities by participating in various activities throughout the academic year. These activities included presentation exchanges by both the AAPG and Society of Exploration Geophysicists (SEG) student chapter members discussing their current projects, a field trip, a community service event supporting Habitat for Humanity and participation in short seminars by oil and gas industry leaders.

The University of Diponegoro in Semarang AAPG student chapter participated in multiple distinguished lecture series presented by academic and oil and gas experts, short courses, and field trips to Rajamandala, Mudi and Sukowati fields.

Awards are presented yearly at the AAPG Annual Meeting. This is the thirteenth year Schlumberger has sponsored scholarships for the AAPG Outstanding Student Chapter Awards.

About Schlumberger

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 77,000 people representing over 140 nationalities and working in approximately 80 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston and The Hague and reported revenues of $22.70 billion in 2009. For more information, visit www.slb.com.

For further information, contact:

Susan Ganz
Public Relations Manager–Western Hemisphere
Schlumberger
Tel:+1 713-939-2997
sganz1@slb.com