Boston, MA 09/25/2013 (wallstreetpr) – In Tuesday’s trading session, Schlumberger Limited (NYSE:SLB) stock rose by 1.00%. The shares had an opening price of $87.42 which climbed to an intraday high of $88.52 and dropped to a close of $87.91. Approximately 5.6 million shares were traded on Tuesday while an average volume of 5.82 million shares were traded over 30 days. The 52-week low of the shares was $66.85 and the 52-week high was $89.72. The company has a market cap of $116.32 billion.
About the company
Schlumberger Limited (NYSE:SLB) is a company that supplies technology, information solutions and integrated project management to the international O&G exploration and production industry. Its segments include the Reservoir Characterization Group, which is made up of the principal-technologies that are involved in locating and defining various hydrocarbon deposits. The second segment is the Drilling Group, which is made up of the primary technologies that are used in the positioning and drilling positioning of O&G wells. The company’s Production Group is made up of the primary technologies that are used in the lifetime production of O&G reservoirs. This is made up of Completions, Well Services, Carbon Services Well Intervention, Artificial Lift, Water Services, Subsea, and the Schlumberger Production Management field-production projects.
The Reservoir Group
The Reservoir Characterization Group is made up of the primary Technologies that are used in locating and defining hydrocarbon-resources. These include Testing Services, WesternGeco, Schlumberger Information Solutions, Wireline, and PetroTechnical Services. WesternGeco is its geophysical services company that provides worldwide reservoir monitoring, imaging and development services. WesternGeco provides the industry’s multiclient-data library.
Other business segments
The Wireline segment provides the information that is required to evaluate subsurface-formation fluids and rocks to plan as well as monitor well-construction, and also to monitor & evaluate well-production. Wireline offers openhole and cased hole services and wire-line perforating. The Well Intervention division develops coiled-tubing services and equipment and provides slickline-services that are used in downhole mechanical well-intervention, reservoir-monitoring and downhole-data acquisition.
