Showing posts with label Schlumberger. Show all posts
Showing posts with label Schlumberger. Show all posts

Thursday, August 2, 2012

Big Benin Tartar-biffi herkkua?

Melko pian pitäisi tulla selkoa:

 The first horizontal well to be drilled targeting the Ordovician Bir Ben Tartar Formation in the Ghadames Basin of Southern Tunisia was completed on July 1, 2012 with the rig release of the TT16 well.

 The TT16 well is the first multi-stage, hydraulically fractured horizontal well in Tunisia. It is also the largest multi-stage job attempted by Schlumberger on the African continent. Despite the significant challenges associated with logistics, equipment, and manpower, the operation was completed successfully and represents a valid test of this recognized technology in a new application. The target reservoir on the BBT concession is a thick (up to 50 metres of pay column), low permeability (average close to one millidarcy permeability), heterogeneous clastic reservoir that demonstrates commercial flow rates from stimulated vertical wells. The application of horizontal wells in this low quality, conventional reservoir is an attempt to increase the rate per well and ultimate recovery relative to what can be achieved with fractured vertical wells.
Sanoi Chinook

Kahden viikon päästä pitäisi olla kuukauden edestä testausta takana. Useimmiten tuollainen itsensä ja kumppanien onnittelu pelkän reijän rykäisystä on huono merkki tulevan kannalta. Tiedotteen mukaan poraus ja frakkus on onnistunut, joten testilukujen pitäisi antaa realistinen kuva kaivon potentiaalista.

Monday, July 23, 2012

SLB & BHI Q2-pätkiä +kallistuva/halventuva papusoppa


 SLB 
Liikevaihto
Pohjois-Amerikka +16.8%
Koko maailma +16.2%

Liikevoitto
Pohjois-Amerikka +3.2%
Koko maailma +19.9%



BHI 
Liikevaihto
Pohjois-Amerikka +12.6%
Koko maailma  +12.3%

Liikevoitto
Pohjois-Amerikka -17.8%
Koko maailma +6%


"We are cautiously optimistic about the market outlook for the remainder of the year.  If commodity prices remain at current levels, we believe activity in onshore U.S. should remain stable.  In the Gulf of Mexico and International, we expect continuing improvement as these markets expand," 
 

Palveluyhtiöiden marginaaleja on viimeisien kuukausien aikana syönyt frakkimönjien yhtenä ainesosana käytettävä Guar-pavun rajusti kohonnut hinta. Papujen hinta on kuitenkin laskenut melkoisesti viime viikkoina ja laskun pitäisi jatkua myös lähitulevaisuudessa:

Saturday, April 25, 2009

Schlumberger Q1

The oilfield service giant reports in:

Revenue $5,999.98 million (-5%)

Pretax income $1,192.46 million (-26%)

Net income $938.46 million (-30%)

EPS $0.78 (-28.5%)

Oilfield Services revenues were down 3% y-o-y and WesterGeco's(seismic division) revenues 18%.

Balance sheet

Assets
Current $13,934.45 million
Total $32,997.14 million (goodwill $5,118.96 million)

Liabilities
Current $7,702.54 million
Total $15,312.34 million

Equity $17,684.79 million

P/B 3.36 P/E 11.18

Outlook
"Our visibility on 2009 has not materially changed from the end of the fourth quarter. We do not see any significant recovery in North American gas drilling before 2010. Overseas, while activity declines will be limited,
customers are actively seeking and are obtaining price relief to improve the economics of current projects. At the same time, exploration expenditures are being deferred in favor of projects that produce immediate cash
flow. However, we are encouraged to see offshore deepwater activity resisting fairly well to the current budget cuts.
As we indicated in our fourth-quarter comments, longer term we remain convinced that any demand recovery for oil will need to be accompanied by increased investment to offset decline in the ageing production base.”"


The report and supporting materials are located here.