Creating powerful new products
As computing power and expertise grew, Schlumberger was able to launch several revolutionary products.
A spate of acquisitions helped the company grow and diversify its activities. PRAKLA-SEISMOS, GeoQuest Systems, Oilphase, and Camco International were some of the companies that became part of Schlumberger. Strategic collaborations were also forged, such as Omnes, a joint venture between Schlumberger and Cable & Wireless for global communications and information technology services, and the M-I L.L.C drilling fluids company in a venture with Smith International.
In 1995, Schlumberger launched Integrated Project Management (IPM), which was restructured into Integrated Services Management (ISM) in 2015, and today continues to provide the expertise and processes required to improve performance and increase efficiency by integrating all the oilfield services and technologies needed by a project.
Once again, Schlumberger was able to support pioneering science, by providing logging services to the German Continental Deep Drilling Program, or KTB, examining various geological processes. This illustration of the continuing close ties between the company and the wider scientific community would have pleased Henri Doll, who died in Paris on July 25, 1991, shortly before his 90th birthday. He is buried, as he wished, next to his mentor, Conrad Schlumberger, in a small cemetery at the Schlumberger family estate in Normandy, France.
Year | Event |
---|---|
Year 1990 | Event An array induction imager tool becomes the first to use mathematical inversion techniques to create images of electrical resistivity around the borehole |
Year 1991 | Event Acquires majority share (51%) of PRAKLA-SEISMOS and merges it with Geco to create Geco-Prakla Henri-Georges Doll dies in Paris shortly before his 90th birthday Uses geosteering for the first time to plan the drilling path in horizontal wells Introduces the FMI microimager |
Year 1992 | Event Introduces CMR Combinable Magnetic Resonance tool Acquires GeoQuest Systems, Inc. Converts SINet to TCP/IP and world wide web capability The "kusanagiatsuko.com" public website goes live in mid-January, becoming a new marketing and communication channel, underpinning client engagement |
Year 1993 | Event Creates GeoQuest product line by merging Schlumberger Data Services, Finder Graphics, and GeoQuest Systems, Inc. Launches Integrated Drilling Evaluation and Logging (IDEAL) System and ran first compressional sonic logs while drilling |
Year 1994 | Event Introduces Oil Partnering Network (OpNet) in the North Sea to facilitate collaboration within the oil sector |
Year 1995 | Event Acquires AEG meter Intera Technologies Corp petroleum division, including its ECLIPSE reservoir study team and reservoir technologies Launches IPM as an independent service and engineering product line Creates Omnes joint venture between Schlumberger and Cable & Wireless Introduces Platform Express tool, SIMPLER Safe Integrated Modular Performant Lean Environment Rig, ARC5 LWD tools, and MAXIS Express onshore wellsite surface instrumentation Commercializes CMR tool Schlumberger opens Sugar Land campus outside Houston |
Year 1996 | Event Conceives real-time reservoir management for improving hydrocarbons recovery and providing high-end IT solutions to industry Acquires Oilphase reservoir sampling and analysis company Completes first commercial sonic imaging job |
Year 1997 | Event Introduces ClearFRAC polymer-free fracturing fluids Completion, at Wytch Farm, UK, of the world's first extended-reach well with a departure of 10 km |
Year 1998 | Event Reorganizes Schlumberger product lines into geographical-based business groups later named GeoMarkets Acquires Camco International, a US completion products company Introduces PS PLATFORM production services platform and HRLA high-resolution laterolog array Schlumberger Excellence in Educational Development (SEED) established as a global nonprofit educational outreach organization Celebrates the 50th anniversary of its Schlumberger–Doll Research Center in Ridgefield, Connecticut |
Year 1999 | Event Enters joint venture with Smith International, creating the world's largest drilling fluids company, M-I L.L.C (60% Smith International, 40% Schlumberger) Opens Schlumberger Stavanger Research Center in Norway, focusing on seismic image analysis and interpretation research Deploys Houston remote connectivity teleport |