Schlumberger acquires ThruBit logging service

Schlumberger has acquired ThruBit LLC to expand its wireline technology reach into horizontal well evaluation.

Offshore staff

HOUSTON – Schlumberger has acquired ThruBit LLC to expand its wireline technology reach into horizontal well evaluation.

ThruBit, which started as a Shell Technology Ventures Fund company, provides openhole logging conveying what it says is the smallest openhole logging tools using its though-the-bit deployment technique.

“The addition of ThruBit to our leading technology portfolio brings new opportunities for our clients to more efficiently evaluate horizontal wells, and optimize completion designs, using the smallest-diameter, high-specification formation evaluation technology currently in the industry,” said Daniel Palmer, manager, marketing and technology, Schlumberger Wireline.

12/16/2011

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