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    Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide. It operates through three groups: Reservoir Characterization, Drilling, and Production.

    News, Products and Stock Info

    Cameron appoints Rowe as president and CEO


    Cameron has appointed R. Scott Rowe as president and CEO, effective Oct. 5. Rowe has served with Cameron for 13 years, most recently as president and COO. 

    Miller Energy files for Chapter 11 reorganization

    10/05/2015 Miller Energy Resources Inc. and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court for the District...

    Prysmian Group acquires Gulf Coast Downhole Technologies

    10/02/2015 Prysmian Group, which is active in the energy and telecom cable systems industry, has signed an agreement to acquire 100% of the privately held Gulf Coast Downhole Technologies (GCDT) for an initia...

    Report: Oilfield equipment market worth $127.6 billion by 2020

    09/29/2015 The global oilfield equipment market size is expected to reach US$127.6 billion by 2020, according to a new report by Grand View Research Inc. Continuous technological advancements in tools for bet...

    DW offers a US perspective on production decline


    Douglas-Westwood’s DW Monday report for Sept. 28 comments on the effects of oil prices on drilling and production levels in the US.

    Providence Resources signs agreement with Schlumberger


    Providence Resources Plc has signed a strategic and incentivized exploration collaboration agreement with Schlumberger in respect of the southern Porcupine and Goban Spur basins.

    Aker Solutions appoints Clark as regional president of UK and Africa

    09/10/2015 Aker Solutions has appointed David Clark as regional president of the UK and Africa, effective Sept. 21. Clark will be based in London, and will work on expanding Aker Solutions' international pres...

    Cameron to cut 150 jobs in Houston

    09/09/2015 Cameron International Corp. plans to eliminate approximately 150 jobs at its Brittmore facility in Houston beginning in November, according to the Houston Business Journal, citing Cameron’s notific...

    DW discusses increased integration of equipment and service sectors


    Douglas-Westwood’s Sept. 7 DW Monday report discusses the current integration of the industry’s equipment and service sectors.

    Cameron to sell offshore rig business to Keppel O&M for $100M

    08/31/2015 Keppel Offshore & Marine has, through its wholly owned subsidiary Keppel Offshore & Marine USA Inc., entered into a stock and asset purchase agreement with Cameron International Corp. to ac...

    Schlumberger Website




    Gulfport Energy names Gaydosik CFO

    Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

    Revenue, net income show small increases in 4Q2012

    May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

    Helix completes sale of oil and gas business

    Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

    Revenue, net income drop sharply in 3Q12

    Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...


    Private company update

    Jul 8, 2015 Independent research firm IHS has provided OGFJ with updated production data for the OGFJ100P periodic ranking of US-based private E&P companie...

    Private company update

    Apr 10, 2015 Independent research firm IHS has provided OGFJ with updated production data for our OGFJ100P periodic ranking of US-based private E&P companie...

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    Vantage Energy files for $400M IPO

    Jul 8, 2014

    Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

    Rock Oil increases capital commitment, adds to management

    Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

    Oil & Gas Companies

    Saudi Aramco restructures with creation of supreme board

    Following the January death of Saudi Arabia’s King Abdullah, the country has been reorganizing its energy industry, and this process has included the creation of a supreme board to oversee state-run Saudi Aramco, according to Bloomberg.   &nb...

    LINN plans to close Denver office, eliminate positions

    LINN Energy plans to eliminate 55 positions in Denver, Colorado, and close its office there, according to Fuel Fix, which reported that LINN stated its intentions in a letter to the Colorado Department of Labor and Employment.

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in Brazil’s Amazon and Espírito Santos basins.

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in PA Resources AB.

    Statoil makes second gas discovery in Aasta Hansteen area

    Operator Statoil has, together with PL602 partners, made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in 2015.

    IFR forms subsidiary for Mexico oil and gas initiative

    International Frontier Resources Corp. has formed a Mexican subsidiary, Petro Frontera SAPI de CV, that will allow for the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; the acquisition and partic...

    Calvalley to liquidate due to crisis in Yemen

    Calvalley Petroleum Inc.’s board of directors has decided to restructure and liquidate the company. Subsequently, Calvalley will enter into an arrangement agreement with Calvalley Energy Ltd. (CVE), a wholly owned subsidiary of Calvalley organized...