Inform
Schlumberger divests onshore business to Liberty
Report summary
Schlumberger has divested its One Stim business to Liberty Oilfield Services. However, it isn't a full exit from onshore US as it will retain big stake in Liberty. The deal fits perfectly with the trajectory of the OFS sector. In fact, we think more consolidation is necessary. What are the big themes behind the rationalization of oilfield services? The prize for surviving might be bigger than we expect. Is that why Schlumberger has hedged its exit bet?
Table of contents
- Pricing power
- Margin expansion through data & intellectual property
- Why the deal makes sense for Schlumberger
- Why the deal makes sense for Liberty
Tables and charts
This report includes 1 images and tables including:
- Leveraging data to drive efficiency
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