Schlumberger LTD does business in a wide range of industry sectors, ranging from oil field exploration, testing, and service logistics, to utility meters and device registration all the way to information technology services. The company is now based in New York City, with subsidiary organizations in several countries.
Schlumberger's business lines range from the oil field to the utility meter to information technology services. The New York City-based company is the second-largest provider of oil field services, behind Halliburton. The company's organization is quite complex, and falls into the following categories (also shown in Chart Form below.
Under the broad category of Oilfield Services, the company performs
Reservoir Development (well construction and well productivity: completion products, directional drilling, drilling bits, drilling fluids, electrical submersible pumps, pressure pumping, and testing); Reservoir Evaluation (wireline and seismic services); Contract Reservoir Management (gas compression services, GeoQuest data management services, integrated services, and production systems services); Resource Management Services, including Electricity & Gas Management (electricity meters, automated meter reading, revenue collection, load management, gas regulation systems, management services, and billing systems); Water Management (water, thermal energy, and industrial fluid meters; water billing and management services)(Annual Report, 2000).
Under its Test & Transactions operating division, it makes and sells Automated Test Equipment (semiconductor and circuit board testing systems); Omnes (electronic messaging, Internet services, satellite-based connectivity, security services, and WAN and LAN design and maintenance); Smart Cards & Terminals (smart and magnetic stripe cards, terminals, equipment).
As stated in its Annual Report for 2000, Schlumberger LTD is "an international technical company selli...