Founded:1926
Industries involved: oilfield services
Schlumberger is involved in oilfield services which is vital for the obtaining of oil which provides our industries, businesses, schools and houses with electricity. It is the largest in the oilfield industry. The many steps involved in oilfield harvesting really interested me. What was most interesting is the precision required in locating oilfields, which is still an important factor even on a macro scale. The current hydrocarbon recovery rate is only about 35% and that a 1% increase in the recovery rate equals to 3-4 years of worldwide consumption.
This is a video of an employee from Schlumberger named Omar:
http://www.youtube.com/watch?v=rMcUALmdH2Y
Omar is a Cell Leader and Field Engineer Trainee (FET) at Schlumberger Well Services in Oklahoma. He supervises other Field Engineers working on Fracture Stimulation jobs, during which various substances are injected at high speeds and pressures into prospective oil or gas wells to stimulate production.
Here is a video of Schlumberger in action:
http://www.youtube.com/watch?v=acIGmOKGbbU
Through this learning journey, I hope to be able to learn more about the steps in locating oilfields and what kinds of research is being done to actually increase the recovery rate of hydrocarbons.
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