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September 03, 2015 10:04 AM ET

Energy Equipment and Services

Company Overview of Schlumberger Canada Limited

Company Overview

Schlumberger Canada Limited provides formation evaluation and cased hole wireline services to the oil and gas industry in Canada. It offers well bore cleaning, scale removal, perforating, logging, coiled tubing, directional drilling, measurement while-drilling, logging-while-drilling, well testing, reservoir monitoring, and multilateral junctions services; and sand control equipment, subsea well control systems, and artificial lift products. The company was founded in 1949 and is based in Calgary, Canada. Schlumberger Canada Limited operates as a subsidiary of Schlumberger B.V.

525 3rd Avenue S.W.

Calgary, AB T2P 0G4

Canada

Founded in 1949

Phone:

403-509-4000

Fax:

403-509-4021

Key Executives for Schlumberger Canada Limited

President
Age: 53
Compensation as of Fiscal Year 2015.

Schlumberger Canada Limited Key Developments

West Mountain Environmental Corp. Announces Expansion of TPS License with M-I L.L.C. and Schlumberger Canada Limited

West Mountain Environmental Corp. announced that the field of use in its TPS License with M-I L.L.C. and Schlumberger Canada Limited has been expanded on a non-exclusive basis to include any and all uses of the TPS Technology, including the treatment of drill cuttings and waste associated with refinery operations and pipeline operations. The territory of use related to the expanded field of use noted above has also been expanded to include all of China, the Philippines, Indonesia, Malaysia, Singapore, Vietnam, Myanmar, Laos, Cambodia, Thailand, Brunei and East Timor. The company has agreed to pay USD 1.5 million to SCL in consideration of these amendments to the TPS License and will also pay to SCL a fee of USD 120,000 for each TPS Unit that it makes for use in Canada, the United States and Iraq and USD 100,000 for each TPS Unit that it makes for use in China, the Philippines, Indonesia, Malaysia, Singapore, Vietnam, Myanmar, Laos, Cambodia, Thailand, Brunei and East Timor, with not less than two TPS Units to be made per year during the next five years.

Seven Generations Energy Ltd. Announces Hydraulic Fracturing Deal with Schlumberger Canada

Seven Generations Energy Ltd. announced that it has reached agreement with Schlumberger Canada whereby Schlumberger will provide continuous service of one hydraulic fracture stimulation spread with sufficient staffing to supply 24-hour operations to 7G. 'Spread' is the industry term used to describe all of the equipment required to blend and pump the slurry used to hydraulically fracture deep gas-bearing resource rock. The Spread will be deployed at 7G's Kakwa River Project near Grande Prairie, Alberta. The Company estimates that this Spread will be able to complete the majority of the new horizontal Montney wells, now awaiting completion as well as those to be drilled during the one year contract period.

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