DENVER& HOUSTON---- Liberty Oilfield Services Inc. and Schlumberger announced today an agreement for the contribution of Schlumberger’ s onshore hydraulic fracturing business in the United ...

Liberty Oilfield Services Inc., Denver, acquired Schlumberger’s OneStim onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pump down ...

TEXAS, USA — Oilfield services company Schlumberger has reportedly sold its frac operations. The company sold the operations to Liberty Oilfield Services in exchange for a 37% interest in ...

OneStim is Schlumberger's onshore hydraulic fracturing business in the United States and Canada, which includes its pressure pumping, pumpdown perforating and Permian frac sand businesses. The ...

Schlumberger (NYSE:SLB) reported a strong quarter with revenues of $8.4 billion, driven by robust North American activity and improvements seen internationally, both onshore and offshore.GDP ...

Schlumberger Ltd. (NYSE: SLB) announced that it has signed a 15-year license agreement with Energy Recovery for exclusive rights to its VorTeq hydraulic pumping system.

Contacts. Investors Michael Stock – Liberty Oilfield Services, Chief Financial Officer Tel: +1 (303) 515-2851 [email protected] Ndubuisi Maduemezia – Schlumberger Limited, Vice President of ...

Silicon Valley's Energy Recovery Inc on Monday said it has signed a $125 million deal with a unit of Schlumberger NV that provides exclusive use of technology that cuts the number of pumps needed ...

SLB expects rig activity and frac completion activity to decline by 40% to 60%. ... Schlumberger Adopts Cost Cutting And Diversification. ... including the pressure pumping and coiled tubing business.

There's some precedent, starting with oil pumping services provider Dowell Schlumberger (buying Dow Chemical's 50% stake in 1992 for $675 million) and continuing on with seismic purveyor ...

Hydraulic fracturing pumps a mix water, sand and a small portion of chemicals under high pressure through a steel casing to reach oil and gas reservoirs typically located between 6,000 feet and ...

Schlumberger Chief Executive Officer Olivier Le Peuch commented, “I’m very proud we have reached this agreement to combine our OneStim business with a leader in North American hydraulic ...