Geoservices Explained

Geoservices
Type:Subsidiary of Schlumberger Limited
Foundation:1958
Founder:Gaston Rebilly
Location:Roissy, France
Magdeburg, Germany
Num Employees:~5000 (2010)
Industry:Oilfield Services
Website:official website

Geoservices is an upstream oilfield services subsidiary of Schlumberger Limited. The company specializes in mud logging and slickline production.

History

The company was founded by Gaston Rebilly in 1958 and based in Paris, France. Geoservices had approximately 5000 employees in 52 countries when it was acquired by Schlumberger Limited for $1.07 billion dollars in March 2010 from Gaston Rebilly and his family.[1] [2]

See also

Notes and References

  1. News: Schlumberger in $1bn deal for Géoservices. Daneshkhu. Scheherazade. 24 March 2010. Financial Times. 22 March 2018.
  2. Web site: Schlubmerger paying $1.1 bln for 'mud logger' Geoservices. Gelsi. Steve. Mar 25, 2010. MarketWatch. 22 March 2018.