Editing Schlumberger

{{Short description|Oilfield services company}}
{{For|the surname|Schlumberger (surname)}}
{{redirect|SLB}}
{{Use mdy dates|date=June 2022}}

{{Infobox company
| name = Schlumberger NV
| logo = SLB Logo 2022.svg
| logo_caption = Logo used since October 2022
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NYSE|SLB}}|{{EuronextParis|SLB|AN8068571086}}|{{LSE|0SCL}}|{{FWB|SCL}}|[[S&P 500]] component}}
| industry = [[Petroleum reservoir#Oil field|Oilfield]] services and equipment suppliers
| fate = 
| predecessor = 
| successor = 
| foundation = {{start date and age|1926|df=yes}} (as Electric Prospecting Company)<br />[[Paris]], France
| founders = [[Schlumberger brothers|Conrad Schlumberger<br />Marcel Schlumberger]]
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| hq_location = [[Houston, Texas]], United States
| locations = <!-- Number of locations, stores, offices, etc. -->
| area_served = Worldwide
| key_people = {{Unbulleted list |[[Olivier Le Peuch]] ([[Chief executive officer|CEO]])|James Hackett ([[chairman]])}}
| products = 
| production = 
| services = 
| revenue = {{nowrap|{{increase}} {{US$|36.29 billion|link=yes}} (2024)}}
| operating_income = {{nowrap|{{increase}} US$5.804 billion (2024)}}
| net_income = {{nowrap|{{increase}} US$4.461 billion (2024)}}
| assets = {{nowrap|{{increase}} US$48.94 billion (2024)}}
| equity = {{nowrap|{{increase}} US$21.13 billion (2024)}}
| owner = 
| num_employees = 111,000
| num_employees_year = 2024
| parent = 
| divisions = 
| subsid = 
| ISIN = {{ISIN|sl=n|pl=y|AN8068571086}}
| website = {{URL|slb.com/}}
| footnotes = <ref name=AR23>{{Cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/87347/000095017025007638/slb-20241231.htm |title=2024 Annual Report (Form 10-K) |date=January 22, 2025 |publisher=U.S. Securities and Exchange Commission}}</ref>
}}

'''Schlumberger''' ({{IPA|fr|ʃlumbɛʁʒe, ʃlœ̃b-|lang}}), [[Trade name|doing business as]] '''SLB''',<ref>{{cite web |title=ARTICLES OF INCORPORATION OF SCHLUMBERGER LIMITED |url=https://www.sec.gov/Archives/edgar/data/87347/000119312506089666/dex31.htm |website=Securities and Exchange Commission |access-date=8 September 2023}}</ref> is a global [[Multinational corporation|multinational]] [[list of oilfield service companies|oilfield services company.]]<ref name="wethe2012">{{cite news |author=Wethe, David |date=January 20, 2012 |title=Schlumberger Fourth-Quarter Profit Rises as Drilling Booms |url=https://www.bloomberg.com/news/2012-01-20/schlumberger-fourth-quarter-earnings-post-increase-as-oil-drilling-booms.html |agency=[[Bloomberg News]]}}</ref><ref name="reuters20150115">{{cite news |date=January 15, 2015 |title=Schlumberger to cut 9,000 jobs on oil-price plunge |url=https://www.cnbc.com/id/102342793 |url-status=dead |archive-url=https://web.archive.org/web/20150116091426/http://www.cnbc.com/id/102342793 |archive-date=January 16, 2015 |via=[[CNBC]] |agency=[[Reuters]]}}</ref> Founded in France in 1926,{{Sfn|Oristaglio|Dorozynski|2007|p=39}} the company is now incorporated as '''Schlumberger NV''' in [[Willemstad]], [[Curaçao]],<ref>{{cite web |title=Schlumberger N.V. - Company Information |url=http://www.hoovers.com/company-information/cs/company-profile.Schlumberger_NV.5f3499e2666948c7.html}}</ref> with principal executive offices in [[Houston, Texas]].<ref>{{cite web |title=Bloomberg Business Week |url=http://images.businessweek.com/ss/09/11/1116_best_business_undergrad_employers/51.htm |url-status=dead |archive-url=https://web.archive.org/web/20091120202036/http://images.businessweek.com/ss/09/11/1116_best_business_undergrad_employers/51.htm |archive-date=November 20, 2009 |access-date=July 14, 2010}}</ref> As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.<ref>{{cite web |date=May 9, 2022 |title=Top 10 Biggest Offshore Drilling Companies in the World |url=https://www.marineinsight.com/offshore/offshore-drilling-companies/ |access-date=January 26, 2023}}</ref>

Also known as Schlumberger Limited, the company trades on the [[New York Stock Exchange]], [[Euronext]] Paris, the [[London Stock Exchange]] and [[SIX Swiss Exchange]].<ref name=10K>{{cite web|url=https://www.sec.gov/Archives/edgar/data/87347/000156459015000337/slb-10k_20141231.htm|title=10-K|access-date=March 26, 2015}}</ref> In 2022, the [[Forbes Global 2000]] ranked Schlumberger the 349th largest company in the world.<ref>{{cite web |title=Schlumberger on the Forbes Global 2000 List |url=https://www.forbes.com/companies/schlumberger/ |website=Forbes |access-date=September 9, 2016}}</ref>

== History ==
[[File:SchlumbergerSolutionsCenterHoustonTX.JPG|thumb|left|This [[Houston]] building, as of 2015, houses the Schlumberger U.S. executive offices]]
[[File:Schlumberger Well Surveying Corporation Building -- Houston.jpg|thumb|left|1938 Schlumberger Corporation building]]
[[File:SchlumbergerComplexSugarLAndTX.JPG|thumb|left|Schlumberger complex in [[Sugar Land, Texas|Sugar Land]], [[Texas]]]]
[[File:Schlumberger.svg|thumb|left|Logo used until October 2022.]]

Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company ({{langx|fr|Société de prospection électrique}}) by two brothers [[Schlumberger brothers|Conrad and Marcel Schlumberger]] from [[Alsace]].{{Sfn|Oristaglio|Dorozynski|2007|p=39}} Schlumberger supplies the [[petroleum industry]] with services such as seismic data processing, [[formation evaluation]], [[Well test (oil and gas)|well testing]] and [[directional drilling]], well cementing and [[hydraulic fracturing|stimulation]], artificial lift, well completions, [[flow assurance]] and consulting, and software and information management. The company is also involved in the [[groundwater]] extraction<ref name="Carbon">"[http://www.slb.com/services/additional/water.aspx Schlumberger Water Services]." ''Schlumberger Web site''. Retrieved on January 30, 2011.</ref> and [[carbon capture and storage]] industries.<ref name="Water">"[http://www.slb.com/services/additional/carbon.aspx Schlumberger Carbon Services]." ''Schlumberger Web site''. Retrieved on January 30, 2011.</ref>

The Schlumberger brothers had experience conducting geophysical surveys in countries such as Romania, Canada, [[Serbia]], South Africa, the [[Democratic Republic of the Congo]],{{Sfn|Oristaglio|Dorozynski|2007|p=67}} and the United States. The new company sold electrical-measurement mapping services, and recorded the first-ever [[resistivity logging|electrical resistivity]] [[well logging|well log]] in [[Merkwiller-Pechelbronn]], France, in 1927.{{Sfn|Oristaglio|Dorozynski|2007|p=58}} The company quickly expanded, logging its first well in the U.S. in 1929 in [[Kern County, California]]. In 1934, the Schlumberger Well Surveying Corporation was founded in [[Houston]],{{Sfn|Oristaglio|Dorozynski|2007|p=143}} later evolving into Schlumberger Well Services, and finally Schlumberger Wireline and Testing. Schlumberger invested heavily in research, inaugurating the Schlumberger-Doll Research Center in [[Ridgefield, Connecticut]], in 1948, contributing to the development of a number of new logging tools. In 1956, Schlumberger Limited was incorporated as a [[holding company]] for all Schlumberger Limited businesses, which by now included American testing and production company Johnston Testers.{{Citation needed|date=July 2010}}

Over the years, Schlumberger continued to expand its operations and acquisitions. In 1960, Dowell Schlumberger (50% Schlumberger, 50% [[Dow Chemical]]), which specialized in pumping services for the oil industry, was formed. On February 2, 1962, Schlumberger Limited became listed on the [[New York Stock Exchange]].<ref name="Listings Directory Schlumberger Limited">"[https://www.nyse.com/listed/slb.html Listings Directory Schlumberger Limited]." ''NYSE web site''. Retrieved on September 02, 2013.</ref>{{Sfn|Oristaglio|Dorozynski|2007|p=284}} That same year, Schlumberger purchased Daystrom, an electronic instruments manufacturer in [[South Boston, Virginia]], which was making furniture by the time the division was sold to [[S&H Green Stamps|Sperry & Hutchinson]] in 1971.<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/ladd-furniture-inc-history/|title=History of LADD Furniture, Inc.|publisher=fundinguniverse.com|access-date=2012-11-01}}</ref> Schlumberger purchased 50% of Forex in 1964 and merged it with 50% of Languedocienne to create the Neptune Drilling Company. The first computerized reservoir analysis, SARABAND, was introduced in 1970. The remaining 50% of Forex was acquired the following year; Neptune was renamed Forex Neptune Drilling Company. In 1979, [[Fairchild Camera and Instrument]] (including [[Fairchild Semiconductor]]) became a subsidiary of Schlumberger Limited.<ref>{{Cite web |last=Staff |date=2009-10-02 |title=The Schlumberger-Fairchild Cock-Up |url=https://www.electronicsweekly.com/blogs/mannerisms/yarns/the-schlumberger-fairchild-coc-2009-10/ |access-date=2022-11-08 |website=Electronics Weekly |language=en}}</ref>

In 1981, Schlumberger established the first international data links with e-mail. In 1983, Schlumberger opened its Cambridge Research Center in [[Cambridge, Cambridgeshire|Cambridge, England]].<ref>{{cite web|url= https://www.ajbuildingslibrary.co.uk/projects/display/id/1546|title=Schlumberger Cambridge Research Center|publisher=AJ Buildings Library|access-date=2021-12-14}}</ref>

In 1984, the SEDCO drilling rig company and half of Dowell of North America were acquired, resulting in the creation of the Anadrill drilling segment, a combination of Dowell and The Analysts' drilling segments. Forex Neptune was merged with SEDCO to create the [[Transocean|Sedco Forex Drilling Company]] the following year, when Schlumberger purchased Merlin and 50% of [[Geophysical Company of Norway|GECO]].{{Citation needed|date=December 2010}}

In 1987, Schlumberger completed its purchases of Neptune (North America), Bosco and Cori (Italy), and Allmess (Germany). That same year, [[National Semiconductor]] acquired Fairchild Semiconductor from Schlumberger for [[USD|$]]122 million.<ref>{{cite web|url=http://www.slb.com/content/about/history.asp|title=History, Schlumberger|publisher=Slb|access-date=January 27, 2010|archive-url=https://web.archive.org/web/20100206142730/http://www.slb.com/content/about/history.asp|archive-date=February 6, 2010|url-status=dead|df=mdy-all}}</ref>

In 1991, Schlumberger acquired PRAKLA-SEISMOS, and pioneered the use of [[geosteering]] to plan the drill path in horizontal wells.{{Citation needed|date=November 2009}}

In 1992, Schlumberger acquired software company [[GeoQuest Systems]]. With the purchase came the conversion of SINet to [[TCP/IP]] and thus internet capable. In the 1990s Schlumberger bought out the petroleum division, AEG meter, and ECLIPSE reservoir study team Intera Technologies Corp. A joint venture between Schlumberger and [[Cable & Wireless plc|Cable & Wireless]] resulted with the creation of Omnes, which then handled all of the company's internal IT business. Oilphase and Camco International were also purchased.{{Citation needed|date=December 2010}}

In 1999, Schlumberger and [[Smith International]] created a joint venture, M-I L.L.C., the world's largest drilling fluids (mud) company. The company consists of 60% Smith International, and 40% by Schlumberger. Since the joint venture was prohibited by a 1994 antitrust consent decree barring Smith from selling or combining their fluids business with certain other companies, including Schlumberger, the U.S. District Court in Washington, D.C., found Smith International Inc. and Schlumberger Ltd. guilty of criminal contempt and fined each company $750,000 and placed each company on five years probation. Both companies also agreed to pay a total of $13.1 million, representing a full disgorgement of all of the joint venture's profits during the time the companies were in contempt.<ref>{{cite web|url=http://www.usdoj.gov/opa/pr/1999/December/594at.htm|title=Companies Fined $1.5 Million|date=December 9, 1999}}</ref>

In 2000, the [[Geco-Prakla]] division was merged with [[Western Geophysical]] to create the seismic data acquisition and processing contracting company [[WesternGeco]], of which Schlumberger held a 70% stake, the remaining 30% belonging to competitor [[Baker Hughes]]. Sedco Forex was spun off, and merged with Transocean Drilling company in 2000.{{citation needed|date=January 2011}}

In 2001, Schlumberger acquired the IT consultancy company [[Sema Group|Sema plc]] for $5.2&nbsp;billion. The company was an Athens 2004 Summer Olympics partner, but the venture into IT consultancy did not pay off, and divestiture of Sema to [[Atos Origin]] was completed that year for $1.5&nbsp;billion. The cards division was divested through an IPO to form [[Axalto]], which later merged with [[Gemplus International|Gemplus]] to form [[Gemalto]], and the Messaging Solutions unit was spun off and merged with Taral Networks to form [[Airwide Solutions]]. In 2003, the Automated Test Equipment group, part of the 1979 [[Fairchild Semiconductor]] acquisition, was spun off to NPTest Holding, which was sold it to [[Credence Systems Corporation|Credence]] in February 2004.<ref>{{Cite news |title=Credence to Acquire NPTest For $660 Million in Cash, Stock |url=https://www.wsj.com/articles/SB107755875204936683 |last=McBrideDow |first=Yolanda E. |date=2004-02-27 |work=The Wall Street Journal}}</ref>

In 2004, Schlumberger Business Consulting was launched and a decade later was acquired by [[Accenture]].<ref>{{cite web|url=https://www.worldoil.com/news/2015/8/18/accenture-to-acquire-schlumberger-business-consulting|title=World Oil|date=August 18, 2015}}</ref>

In 2005, Schlumberger purchased [[Waterloo Hydrogeologic]],<ref>{{Cite web |title=Press Release |url=http://www.flowpath.com/whi-slb-press-release.htm |url-status=dead |archive-url=https://web.archive.org/web/20070929132042/http://www.flowpath.com/whi-slb-press-release.htm |archive-date=September 29, 2007 |website=www.flowpath.com}}</ref>{{unreliable source?|date=January 2011}} which was followed by several other [[groundwater]] industry related companies, such as Westbay Instruments, and Van Essen Instruments. Also that year, Schlumberger relocated its U.S. corporate offices from New York to Houston.<ref>{{cite web|url=http://www.chron.com/CDA/archives/archive.mpl?id=2005_3914947|title=Houston Chronicle|date=October 26, 2005}}</ref>

In 2006, Schlumberger purchased the remaining 30% of WesternGeco from [[Baker Hughes]] for US$2.4 billion.<ref>{{cite news|title=Schlumberger Buys 30% Venture Stake From Baker Hughes|url=https://www.wsj.com/articles/SB114561560589532309|newspaper=[[The Wall Street Journal]]|date=April 22, 2006 |access-date=March 19, 2015|last1=Gold |first1=Russell }}</ref> Also that year, the Schlumberger-Doll Research Center was relocated to a newly built research facility in [[Cambridge, Massachusetts]], to replace the [[Ridgefield, Connecticut]], research center. The facility joins the other research centers operated by the company in [[Cambridge, Cambridgeshire|Cambridge, England]]; [[Moscow, Russia]]; [[Stavanger, Norway]]; and [[Dhahran, Saudi Arabia]].<ref name="ResearchCenters">"[http://www.slb.com/about/rd/research.aspx Schlumberger Research]." ''Schlumberger''. Retrieved on January 30, 2011.</ref> In March 2022, Schlumberger stopped investing in its projects in Russia because of [[International sanctions during the Russo-Ukrainian War]].<ref>{{Cite web|url=https://tass.ru/ekonomika/14121791|title=Нефтесервисная корпорация Schlumberger прекращает инвестиции в свою деятельность в России|language=ru|trans-title=Oilfield services corporation Schlumberger stops investing in its activities in Russia|date=2022-03-19|publisher=[[TASS]]}}</ref>

In 2009, Schlumberger acquired Techsia SA, a software company based in Montpellier, France with a product widely used in the oil industry called Techlog.<ref>{{Cite web |date=2009-05-21 |title=Schlumberger acquires Techsia {{!}} Hart Energy |url=https://www.hartenergy.com/news/schlumberger-acquires-techsia-86746 |access-date=2024-10-25 |website=www.hartenergy.com |language=en}}</ref>   

In 2010, the acquisition of [[Smith International]] in an all-stock deal valued at $11.3 billion was announced. The sale price is 45.84-a-share price was 37.5 percent higher than Smith closing price on 18 February 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of [[Cameron International]].<ref>"[https://web.archive.org/web/20100224233656/http://www.businessweek.com/news/2010-02-21/schlumberger-to-buy-smith-for-about-11-3-billion-correct-.html Schlumberger to Acquire Smith for About $11 Billion (Update3)]." ''[[BusinessWeek]]''. February 21, 2010. Retrieved on February 23, 2010.</ref><ref name=":0" /> The merger was completed on August 27, 2010.<ref>{{cite web|url=https://finance.yahoo.com/news/Schlumberger-Completes-Merger-bw-2935948492.html?x=0&.v=1|title=Yahoo Finance - Schlumberger Completes Merger with Smith International|access-date=September 20, 2010}}</ref> Also announced in 2010 were Schlumberger plans to acquire Geoservices, a French-based company specializing in energy services, in a deal valued at $1.1&nbsp;billion, including debt.<ref>[http://www.marketwatch.com/story/schlumberger-to-buy-geoservices-for-11-billion-2010-03-25?reflink=MW_news_stmp Schlumberger to buy Geoservices for $1.1 billion] Retrieved from MarketWatch 25 February 2010</ref>

In 2014, Schlumberger announced the purchase of the remaining shares of SES Holdings Limited ("Saxon"), a Calgary-based provider of international land drilling services, from First Reserve and certain members of Saxon management. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals. Schlumberger had a minority share in Saxon previously.<ref>{{cite web|url=http://www.slb.com/news/press_releases/2014/2014_0313_saxon.aspx|title=Schlumberger Purchases Remaining Shares of Saxon|access-date=August 28, 2015}}</ref>

In 2015, Schlumberger was indicted by the US Department of Justice for sanction violations of conducting business in Iran and Sudan; the company was fined $233&nbsp;million, amounting to the largest fine for sanctions to date.<ref>{{cite web|url=https://www.wsj.com/articles/schlumberger-unit-expected-to-plead-guilty-to-violating-iran-sudan-sanctions-1427312135|title=Schlumberger Unit to Plead Guilty to Violating Iran, Sudan Sanctions|first=Nicole|last=Hong|date=March 25, 2015|work=WSJ|access-date=August 28, 2015}}</ref>

In 2015, due to a downturn in the global oil and gas industry, Schlumberger announced 21,000 layoffs accounting for 15% of the company's total workforce.<ref>{{cite web|url=https://www.usatoday.com/story/money/2015/04/17/huge-layoffs-schlumberger-11000jobs/25927185/|title=More Big Oil layoffs: Schlumberger axes 11K jobs|author=Edward C. Baig, USA TODAY|date=April 17, 2015|work=[[USA Today]]|access-date=August 28, 2015}}</ref>

In 2015, Schlumberger agreed to acquire oilfield equipment manufacturer [[Cameron International]] for $14.8 billion.<ref name=":0">{{cite web | url=https://www.bloomberg.com/news/articles/2015-08-26/schlumberger-agrees-to-buy-cameron-for-66-36-a-share | title=Schlumberger to Buy Cameron in $14.8 Billion Oil Services Deal | publisher=Bloomberg | date=August 26, 2015 | access-date=August 27, 2015}}</ref>

In 2018, Schlumberger announced that WesternGeco would be exiting the seismic data acquisition business, both onshore and offshore, while retaining its multiclient data processing and interpretation segments. This decision followed the bankruptcy filings of several competitors in the seismic services sector.<ref>{{Cite web|url=https://www.epmag.com/schlumberger-exit-land-marine-seismic-acquisition-business-1679376#p=full|title=Schlumberger To Exit Land, Marine Seismic Acquisition Business|last=Addison|first=Velda|date=2018-01-19|website=Exploration & Production|language=en|access-date=2018-02-23}}</ref>

In 2020, Schlumberger cut more than 21,000 jobs during the global [[COVID-19 pandemic]].<ref>{{Cite web|url=https://www.khou.com/article/news/health/coronavirus/schlumberger-slashes-21000-jobs-amid-pandemic-oil-rout/285-aa6d29f9-5192-43c0-8b1b-f494229cd09d|title=Schlumberger layoffs: Company cuts 21K jobs amid COVID-19 pandemic oil rout|last=Addison|first=Velda|date=2020-07-24|website=Exploration & Production|language=en|access-date=2022-05-21}}</ref>

In 2021, Schlumberger New Energy announced the signature of pilot project agreements between the French state, Genvia and critical-industry leaders on the pathway to net zero in the cement and steel industries. Through these agreements, the goal is to scale up the next generation of electrolyzer technology, developed over the last two decades, to produce clean hydrogen without {{CO2}} emissions, accelerating the decarbonization of multiple industrial sectors.

In 2022, Schlumberger completed a corporate rebranding to be known as SLB. According to media statements, the company's CEO said the corporate rebranding is not a shift away from fossil fuels.<ref>{{Cite news|date=2022-10-24|title=Oil giant Schlumberger rebrands itself as SLB for low-carbon future|language=en|last=Hampton|first=Liz|work=[[Reuters]]|url=https://www.reuters.com/business/energy/oil-giant-schlumberger-rebrands-itself-slb-low-carbon-future-2022-10-24/}}</ref>

In August 2022, SLB announced that SLB [[OneSubsea]] was going into a joint venture with [[Aker Solutions|AkerSolutions]] and [[Subsea 7|Subsea7]]. The ownership of SLB [[OneSubsea]] is 70% with Schlumberger, 20% with [[Aker Solutions|AkerSolutions]] and [[Subsea 7|Subsea7]] owning the last 10% <ref>{{Cite web |title=Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture {{!}} OneSubsea |url=https://www.onesubsea.slb.com/resources/news/2022/pr-2022-0830-slb-aker-solutions-subsea-7-jv |access-date=2024-08-30 |website=www.onesubsea.slb.com}}</ref>

In February 2023, SLB announced it had completed the acquisition of the [[Houston]]-headquartered gyroscopic wellbore positioning and survey technology company, Gyrodata Incorporated.<ref>{{Cite web |title=SLB completes acquisition of Gyrodata Incorporated - NS Energy |date=February 6, 2023 |url=https://www.nsenergybusiness.com/news/slb-completes-acquisition-of-gyrodata-incorporated/ |access-date=2023-02-06 |language=en-US}}</ref>

In April 2024, SLB announced its intention to acquire smaller rival ChampionX, in an all-stock deal valued at $7.75 billion, its largest purchase since Cameron International.<ref>{{Cite news |last=Feuer |first=Will |title=SLB to Buy ChampionX in $7.8 Billion Oilfield Services Deal |url=https://www.wsj.com/business/energy-oil/slb-to-buy-championx-in-7-8-billion-oilfield-services-deal-aa56aa01 |access-date=2024-04-02 |work=WSJ |language=en-US}}</ref>

== Corporate affairs ==

=== France ===
The company has offices in multiple cities and regions in France:  Abbeville,<ref>{{Cite web |title=SCHLUMBERGER VECTOR SAS (ABBEVILLE) Chiffre d'affaires, résultat, bilans sur SOCIETE.COM - 428112320 |url=https://www.societe.com/societe/schlumberger-vector-sas-428112320.html |access-date=2022-12-19 |website=www.societe.com}}</ref> Béziers,<ref>{{Cite web |title=Etablissement SCHLUMBERGER SA à BEZIERS (34500) sur SOCIETE.COM (54206212000259) |url=https://www.societe.com/etablissement/schlumberger-sa-54206212000259.html |access-date=2022-12-19 |website=www.societe.com}}</ref> Clamart,<ref>{{Cite web |title=Etablissement ETUDES ET PRODUCTIONS SCHLUMBERGER à CLAMART (92140) sur SOCIETE.COM (69202147000020) |url=https://www.societe.com/etablissement/etudes-et-productions-schlumberger-69202147000020.html |access-date=2022-12-19 |website=www.societe.com}}</ref> Montpellier,<ref>{{Cite web |title=Etablissement SERVICES PETROLIERS SCHLUMBERGER à MONTPELLIER (34000) sur SOCIETE.COM (54206611300334) |url=https://www.societe.com/etablissement/services-petroliers-schlumberger-54206611300334.html |access-date=2022-12-19 |website=www.societe.com}}</ref> Pau<ref>{{Cite web |title=Etablissement SERVICES PETROLIERS SCHLUMBERGER à PAU (64000) sur SOCIETE.COM (54206611300250) |url=https://www.societe.com/etablissement/services-petroliers-schlumberger-54206611300250.html |access-date=2022-12-19 |website=www.societe.com}}</ref> and Paris.<ref>"[http://www.slb.com/contact_us/geographical/eca.aspx Europe, C.I.S. & Africa Area ]." Schlumberger. Retrieved on October 25, 2015. "Services Techniques Schlumberger Le Palatin 1, 1 Cour du Triangle 92936 La Defense, Cedex France"</ref><ref>"[http://www.ladefense.fr/fr/tour/palatin-i-ii-et-iii-le Palatin I, II et III (Le)]." Établissement public de gestion du quartier d'affaires de la Defense (Defacto). Retrieved on 26 October 2015. "Adresse : 30, Rue de Valmy - 92800 Puteaux"</ref>

Such sites and entities are as well at the forefront of the SLB New Energy strategy and development. (example: Geothermal with Celsius Energy<ref>{{Cite web |title=About Celsius Energy Geothermal Building Heating Solutions |url=https://www.celsiusenergy.com/en/about-us/ |access-date=2022-12-19 |website=Celsius Energy |language=en-US}}</ref> and Hydrogen with Genvia<ref>{{Cite web |title=Genvia, a Schlumberger Joint Venture in Clean Hydrogen Technology, Signs Pilot Project Agreements in Steel and Cement, Supporting the Decarbonization of Critical Industry Sectors |url=https://www.slb.com/about/newsroom/press-release/2021/pr-2021-1118-sne-genvia-jv-steel-cement |access-date=2022-12-19 |website=www.slb.com}}</ref>)

=== United States ===
Schlumberger maintains a {{convert|33|acre|ha|adj=on}} campus at the northeast corner of [[U.S. Highway 90A]] and Gillingham Lane in [[Sugar Land, Texas]]; as of 2017 Schlumberger is the third largest employer in the city. In 2015, Schlumberger announced that it was moving its U.S. corporate headquarters to the Sugar Land facility from its Houston office building. The company plans to build new buildings with a scheduled completion time of late 2017. They include a total of {{convert|250000|sqft|sqm}} of Class A office space and an "amenities" building with {{convert|100000|sqft|sqm}} of space.<ref>Mulvaney, Erin. "[http://blog.chron.com/primeproperty/2015/10/schlumberger-plans-to-relocate-national-headquarters-to-sugar-land/ Schlumberger plans to relocate national headquarters to Sugar Land]" ([https://web.archive.org/web/20151023163225/http://blog.chron.com/primeproperty/2015/10/schlumberger-plans-to-relocate-national-headquarters-to-sugar-land/ Archive]). ''[[Houston Chronicle]]''. October 5, 2015. Retrieved on October 24, 2015.</ref>

In the 1930s, the North American headquarters were established in Houston. In the 1970s, the company's top executives in North America were relocated to [[New York City]]. By 2006, the head office had 50 executives and support staff. By that year the company was moving that office to a building near the [[Houston Galleria]].<ref name="Clantongrowth">Clanton, Brett. "[https://web.archive.org/web/20090215060009/http://www.chron.com/CDA/archives/archive.mpl?id=2006_4200210 ENERGY / Growth in the oil patch translates into good times for oil-field-services firms like Schlumberger - and for Houston / The best of times means more jobs]" ([http://web.archive.org/web/20090215060009/http://www.chron.com/CDA/archives/archive.mpl?id=2006_4200210 Archive]). ''[[Houston Chronicle]]''. Friday September 29, 2006. Business 1. Retrieved on January 13, 2009.</ref>

The company moved its Houston-area offices from 5000 [[Interstate 45|Gulf Freeway]] in Houston to the Sugar Land campus in 1995.<ref>Sarnoff, Nancy. "[https://web.archive.org/web/20090215060628/http://www.chron.com/CDA/archives/archive.mpl?id=2005_3843924 Burger King sniffing for new home / Houston said to be in running for headquarters' possible relocation]" ([http://web.archive.org/web/20090215060628/http://www.chron.com/CDA/archives/archive.mpl?id=2005_3843924 Archive]). ''[[Houston Chronicle]]''. Sunday February 3, 2005. Business 3. Retrieved on January 13, 2009.</ref><ref name="Schlumhq">"[http://houston.bizjournals.com/houston/stories/2005/10/24/daily21.html?from_yf=1 Schlumberger to move U.S. headquarters to Houston]". ''[[Houston Business Journal]]''. Wednesday October 26, 2005. Retrieved on January 13, 2009.</ref><ref>"[http://www.slb.com/content/contact/geomarkets/nsa/nsa.asp North America (NAM) Contacts] {{Webarchive|url=https://web.archive.org/web/20090204025147/http://www.slb.com/content/contact/geomarkets/nsa/nsa.asp |date=2009-02-04 }}". ''Schlumberger''. Retrieved on January 13, 2009.</ref>

== Controversies ==

===Radioactive sources===
In 2006, a radioactive canister imported by Schlumberger was recovered in the [[Western Australia]]n outback desert.<ref>{{Cite web |date=2014-10-14 |title=Radioactive canister found on road {{!}} Perth Now |url=http://www.perthnow.com.au/news/western-australia/radioactive-canister-found-on-road/story-e6frg13u-1111112847061 |access-date=2022-03-10 |archive-url=https://web.archive.org/web/20141014221713/http://www.perthnow.com.au/news/western-australia/radioactive-canister-found-on-road/story-e6frg13u-1111112847061 |archive-date=2014-10-14 }}</ref> The canister had been lost by the company's transport partner, when the improperly secured container fell off the trailer on which it was being transported.<ref>{{cite web|author=Thomas Hunter writes |url=http://www.crikey.com.au/2007/01/17/found-was-missing-radioactive-canister/|title=Found: WA???s missing radioactive canister |publisher=Crikey|date=January 17, 2007|access-date=January 27, 2010}}</ref>

In 2010, the [[Aberdeen]] Sheriff court fined Schlumberger Oilfield UK £300,000 for losing a radioactive source on the rig floor on the Ensco 101 mobile drilling rig in the North Sea for 4 hours.<ref>{{Cite web |date=2012-05-23 |title=Press and Journal - Article - Radioactive device put oil rig crew in danger |url=https://www.pressandjournal.co.uk/Article.aspx/2041430?UserKey= |access-date=2022-03-10 |website= |archive-url=https://web.archive.org/web/20120523235459/https://www.pressandjournal.co.uk/Article.aspx/2041430?UserKey= |archive-date=2012-05-23 |url-status=dead}}</ref>

===Spills===
In 2009, the [[Pennsylvania Department of Environmental Protection]] fined Chesapeake Appalachia LLC and Schlumberger Technology Corp. more than $15,500 each for a [[hydrochloric acid]] spill in February 2009 at Chesapeake's Chancellor natural gas well site in Asylum Township, [[Bradford County, Pennsylvania]]. Officials said the leak did not contaminate groundwater.<ref>{{cite web|url=http://thetimes-tribune.com/news/dep-fines-chesapeake-appalachia-schlumberger-for-acid-spill-in-bradford-county-1.469155|title= DEP fines Chesapeake Appalachia, Schlumberger for acid spill in Bradford County|publisher=[[The Times-Tribune (Scranton)]]|date=December 8, 2009|access-date=December 22, 2010}}</ref>

===PCB contamination===
In 2006, as the current owner of a facility in [[Pickens, South Carolina]], Schlumberger agreed to pay $11.8 million to federal and state agencies for a problem caused by the previous owner, [[Sangamo Electric Company|Sangamo-Weston]], a capacitor manufacturing plant.<ref>{{Cite web |title=#06-046: 01-30-06 Company to Pay $11.8 Million in Compensation for PCB-Damaged Fishery and Habitat |url=https://www.justice.gov/archive/opa/pr/2006/January/06_enrd_046.html |access-date=2022-03-10 |website=www.justice.gov}}</ref> The cause of the problem was from [[polychlorinated biphenyls]] (PCB) released into the environment by Sangamo-Weston from 1955 to 1987. According to the Justice Department's Environment and Natural Resources Division, an additional agreement by Schlumberger to purchase and remove dams will directly improve the Twelvemile Creek, South Carolina [[ecosystem]] and provide significant environmental benefits for the affected communities.<ref>{{cite web|url=http://www.eponline.com/articles/53932/|title=Company To Pay $11.8 Million|publisher=Environmental Protection|date=February 1, 2006|access-date=July 22, 2010}}</ref>

=== Deepwater Horizon ===
{{Main|Deepwater Horizon explosion|Deepwater Horizon oil spill}}
In 2010, Schlumberger was contracted to perform [[Well logging|wireline logging]] on the ''[[Deepwater Horizon]]'' oil rig in the [[Gulf of Mexico]]. On the day of the explosion, the Schlumberger crew was supposed to perform a cement evaluation test, but the test was cancelled and the crew was released by [[BP]] to leave the rig on the same day.<ref>{{cite news|url= https://www.reuters.com/article/idUSTRE64J0GS20100520 |title=Schlumberger says its crew left Horizon day of fire-Deep Water Horizon Accident- Schlumberger|date=2010-05-19|access-date=May 15, 2010|work=Reuters|first=Braden|last=Reddall}}</ref><ref>{{Cite report|title=Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling| publisher=[[National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling]] 
|date=January 2011 |archive-url=https://web.archive.org/web/20241009062627/https://www.govinfo.gov/content/pkg/GPO-OILCOMMISSION/pdf/GPO-OILCOMMISSION.pdf#page=12 |url-status=live |archive-date=9 October 2024 |url=https://www.govinfo.gov/content/pkg/GPO-OILCOMMISSION/pdf/GPO-OILCOMMISSION.pdf#page=19 |chapter=Everyone involved with the job . . . was completely satisfied. . .|chapter-url=https://www.govinfo.gov/content/pkg/GPO-OILCOMMISSION/pdf/GPO-OILCOMMISSION.pdf#page=19 |pages=[https://www.govinfo.gov/content/pkg/GPO-OILCOMMISSION/pdf/GPO-OILCOMMISSION.pdf#page=19 3]{{ndash}}4|quote=To ensure the job did not have problems, a three-man Schlumberger team was scheduled to fly out to the rig later that day, able to perform a suite of tests to examine the well’s new bottom cement seal. <!--According to the BP team’s plan, if the cementing went smoothly, as it had, they could skip Schlumberger’s cement evaluation. Generally, the completion rig would perform this test when it reopened the well to produce the oil the exploratory drilling had discovered.-->[...] The decision was made to send the Schlumberger team home on the 11:00 a.m. helicopter, thus saving time and the {{US$|128000|long=no|2010|round=-3}} fee. As BP Wells Team Leader John Guide noted, “Everyone involved with the job on the rig site was completely satisfied with the [cementing] job.”}}</ref> The cost-cutting decision to cancel the test is dramatized in the subsequent [[Deepwater Horizon (film)|film]] by [[Peter Berg]].<ref>{{Cite web |last=Oort |first=Eric van |date=2016-10-07 |title='Deepwater Horizon' honors oil rig workers but oversimplifies the blowout |url=https://theconversation.com/deepwater-horizon-honors-oil-rig-workers-but-oversimplifies-the-blowout-66391 |access-date=2024-10-25 |website=The Conversation |language=en-US}}</ref>

=== Business with Iran and Sudan ===
In 2015, Schlumberger pled guilty to violating U.S. sanctions related to Iran and Sudan and agreed to pay a $237&nbsp;million penalty.<ref>{{Cite news|date=2015-03-25|title=Schlumberger pleads guilty to violating U.S. sanctions on Iran, Sudan|language=en|last=Edwards|first=Julia|work=[[Reuters]]|url=https://www.reuters.com/article/us-usa-justice-sanctions-idUSKBN0ML2H320150325|access-date=2022-02-25}}</ref>

=== Sexual harassment ===
In 2020, a class action lawsuit was filed against Schlumberger, alleging a culture of sexual harassment, discrimination, and retaliation.<ref name=HBJ>{{Cite web|url=https://www.bizjournals.com/houston/news/2020/06/23/schlumberger-faces-lawsuit-title-vii-civil-rights.html|title=Schlumberger faces $100M class action lawsuit alleging discrimination against women|last=Pulsinelli|first=Olivia|date=2020-06-23|access-date=2022-02-24|website=[[Houston Business Journal]]}}</ref> According to the company's pay-gap report for 2018, women composed a mere 5.4% of field roles and 16.2% of roles in the full company.<ref name=HBJ/> The lawsuit alleges that males regularly documented their harassment of female co-workers and flaunted them on public forums.<ref name=HBJ/> Male colleagues would also encourage other men to break into a plaintiff's room at night and stonewall her if she did not consent to sexual activity.<ref name=HBJ/><ref name=TXObserver/> The lawsuit also outlines instances of "sexist and hostile comments", and one instance in which a plaintiff was groped.<ref name=HBJ/> Women who complain to HR are told it is all just "oil field talk" and are subsequently ignored.<ref name=HBJ/> When a plaintiff kept complaining, Schlumberger allegedly terminated the plaintiff.<ref name=HBJ/><ref name=TXObserver/> Women who spoke with ''[[The Texas Observer]]'' describe a culture of silence, where women stay silent for fear of being fired in the high turnover company.<ref name=TXObserver>{{Cite web|date=2020-12-14|title=The Oil and Gas Industry Still Hasn't Reckoned with #MeToo|url=https://www.texasobserver.org/metoo-schlumberger-oil-and-gas/|last=Sundaram|first=Arya|access-date=2022-02-24|website=[[The Texas Observer]]|language=en-US}}</ref>

=== Russia ===

In October 2022, it was reported that some of Schlumberger's more than 9,000 Russian employees based in Russia received military draft notices through the company. Human rights groups such as Business & Human Rights Resource Centre are watching how the company responds to the concerns.<ref>{{Cite news|title=EXCLUSIVE Schlumberger faces employee backlash in Russia over draft cooperation|language=en|last=Hampton|first=LIZ|work=[[Reuters]]|url=https://www.reuters.com/business/energy/exclusive-schlumberger-faces-employee-backlash-russia-over-cooperation-draft-2022-10-14/|date=2022-10-14}}</ref> About a week later, the company said it was evaluating unspecified options for its thousands of Russian employees.<ref>{{Cite news|title=Schlumberger evaluates options for Russia staff as Ukraine war escalates -CEO|language=en|last=Hampton|first=LIZ|work=[[Reuters]]|url=https://www.reuters.com/markets/europe/schlumberger-evaluates-options-russia-staff-ukraine-war-escalates-ceo-2022-10-20/|date=2022-10-20}}</ref> According to a list maintained by the Chief Executive Leadership Institute at [[Yale University]] which tracks company responses about operating in Russia, Schlumberger is noted as "buying time" while it continues to carry out the bulk of its business in the country.<ref>{{Cite news|title=Texas-based oil giant accused of failing to help its Russian workers avoid being conscripted by Putin, report says|language=en|last=Hogg|first=Ryan|work=[[Business Insider]]|url=https://www.businessinsider.com/texas-based-schlumberger-passing-on-draft-notices-russian-staff-report-2022-10?r=US&IR=T|date=2022-10-15}}</ref>

According to NACP, the company is also facilitating the issuance of [[conscription]] notices and is banning [[remote work]] for Russians who avoid military draft.<ref>{{cite web| url =https://sanctions.nazk.gov.ua/en/boycott/24/| title =SLB (former Schlumberger)| publisher =NACP| date =| accessdate =24 August 2023| archive-date =24 August 2023| archive-url =https://web.archive.org/web/20230824225309/https://sanctions.nazk.gov.ua/en/boycott/24/| url-status =live}}</ref>

In March 2024, it was reported that SLB has no intentions of withdrawing from Russia, despite western pressure to reduce financial support to the Kremlin’s war efforts.<ref>{{Cite web|url=https://www.ft.com/content/8741411f-9d0c-4295-949a-2345fc87730c|title=World's largest oilfield services group has no plans to leave Russia |work=Financial Times |date=2024-03-25 |last1=Smyth |first1=Jamie |last2=McCormick |first2=Myles }}</ref>

== See also ==
* [[List of oilfield service companies]]

== References ==
{{Reflist}}

=== Works cited ===
* {{cite book|url=https://books.google.com/books?id=KxKnDwAAQBAJ|title=A Sixth Sense: The Life and Science of Henri-Georges Doll – Oilfield Pioneer and Inventor|last1=Oristaglio|first1=Michael|last2=Dorozynski|first2=Alexander|publisher=[[Abrams Books]]|date=2007|access-date=2022-06-20|isbn=978-1-68335-905-0}}

== External links ==
{{Commons category|Schlumberger}}
* [http://www.slb.com/ SLB website]
{{Finance links
| name = Schlumberger 
| symbol = SLB
| sec_cik = SLB
| yahoo = SLB
| google = SLB
}}

{{Petroleum industry}}
{{Authority control}}

[[Category:Schlumberger| ]]
[[Category:French companies established in 1926]]
[[Category:Business services companies established in 1926]]
[[Category:Companies of Curaçao]]
[[Category:Companies based in Houston]]
[[Category:Construction and civil engineering companies established in 1926]]
[[Category:Drilling rig operators]]
[[Category:Offshore companies of Curaçao]]
[[Category:Oilfield services companies]]
[[Category:Petroleum in Texas]]
[[Category:Well control companies]]
[[Category:Dutch companies established in 1926]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Companies listed on Euronext Paris]]
[[Category:Companies listed on the Frankfurt Stock Exchange]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies formerly listed on the SIX Swiss Exchange]]