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US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger

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Report summary

Schlumberger and Halliburton both post double digit North America onshore growth figures for the quarter but international activity was a drag on overall company performance. Both companies expect to reactivate pressure pumping equipment as US continues to ramp over the coming year. Other stories covered this week include: Despite warm winter Range Resources turns a profit it Q1 helped by higher realized price in Louisiana assets ExxonMobil SABIC pick San Patricio County Texas for $10 billion petchem project Wyoming drilling permits steadily increase year to date

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    US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger

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  • US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger: Image 2
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  • US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger: Image 4
  • US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger: Image 5
  • Horizontal rig count stats and deep water rigs
  • US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger: Image 7

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