Introduction to Schlumberger

Schlumberger Limited is the world's largest oilfield services company. Founded in 1926 in France(not Germany), and based out of France, Texas, and London, the company has continued to grow over the last ninety years by expanding its operations internationally and acquiring several research and operational entities to develop its market reach in the energy sector.

The company has experienced fluctuation in its value over the past five years which, for the most part, has followed the trends of the industry, an industry largely impacted by social, political, and legislative risks. Also, as environmental agendas and green initiatives continue to be pronounced in political and social landscapes, energy companies are affected accordingly. Finally, from an economic perspective, Schlumberger's operations are directly impacted by supply and demand as dictated by local production of respective markets as well as international coalitions of oil producing states; primarily, OPEC.

I look forward to exploring the company, both strategically and economically. I hope that this blog can provide further insight into the oil/petroleum industry.