About Schlumberger Limited (SLB)

Company Description:

Schlumberger Limited, a leader in the energy sector, primarily focuses on providing technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.

Founded in 1926 by Conrad and Marcel Schlumberger, Schlumberger Limited has its headquarters in Houston, Texas, United States, and has evolved into a multinational company that stands at the forefront of technological innovation in the energy sector.

Main Product(s):

Schlumberger's core products and services include a wide array of technologies for reservoir characterization, drilling, production, and processing in the oil and gas industry.

Short History of Schlumberger Limited:

• 1926 – Founded by Conrad and Marcel Schlumberger.
• 1956 – Schlumberger Limited was listed on the New York Stock Exchange.
• 1960s-70s – Expansion into offshore drilling and the introduction of computerized measurement tools.
• 2000s – Diversification into information solutions and consulting services.
• 2010 – Acquisition of Smith International, a global oilfield services company.
• 2020s – Focus on integrating digital technology and sustainability in operations.