The solutions offered empower E&P organizations to drive investment decisions by leveraging digital models that enable rich analysis of physical data through the application of workflows reflecting industry best practices. The company challenges the siloed approach still common in the industry, and aims to bring benefits from multidisciplinary development workflows in order to provide a significant competitive advantage to its clients. Schlumberger translates these levels of offering into what it calls, “The Shared Earth Approach.” Effective teamwork requires a shared understanding of the Earth-a cooperative basis for more informed decisions. The third level, which we call project management, is where we take a more significant role in the management of the customer’s asset, as well as the overall scope of work.”

The second combines our individual services into an integrated package where we also take certain responsibility for coordination of services in the field. “The first is to sell individual services such as wireline logging. “In simple terms, we have three levels to our offering,” says Paal Kibsgaard, CEO, Schlumberger. The company helps in improvement and development of new seismic imaging and processing techniques to reduce the uncertainty of exploration.

Traversing the complex landscape of data interpretation in Exploration and Production (E&P) of oil and gas fields, Schlumberger develops new workflows and processes to better understand the petroleum system of an area. The oil and gas industry’s trusted technology vendor, Schlumberger caters to the unique needs of its global clientele with respect to technology, integrated project management, and information solutions. The customers of Schlumberger were the first to have received such benefits by leveraging the solutions the oil and gas behemoth has proffered. Employing such technology will result in value creation in billions of dollars each year, through better finding and recovery rates, reduced lifting, production, and overhead costs, and increased production. New, innovative technologies can help companies remotely and automatically monitor wells and fields, and consequently take preventative measures to help avoid production downtime.

Paal Kibsgaard, Chairman and CEO The convergence of global geopolitical forces, threats, and technology is creating a perfect environment for the emergence of the intelligent oil field.

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