pup joint schlumberger in stock

In most completions, the length of tubing available at surface is not enough for proper wellhead installation and operation. Pup joints and varying lengths of tubing are used to adjust the production string length as close as possible to the desired value. Then, the adjustable union or joint is installed, rotationally adjusted, and locked to the desired makeup length. In dual completions, the tool can be used to adjust the length of the short string.

The adjustable, telescoping action of the union or joint allows it to be set and locked at any desired position within its adjustment length while maintaining pressure integrity in the tubing string. Once the tool is in place, the desired amount of tension, weight, and rotational torque can be applied through it to the tubing.

pup joint schlumberger in stock

Flow iron pup joints from Cameron deliver maximum total life cycle cost savings, even in the oil and gas industry’s most demanding applications. For all of your flow iron requirements, from high-stage-count hydraulic fracturing to cementing, well testing, and even abrasive flowback, you can count on Cameron for high reliability and low cost.

pup joint schlumberger in stock

A joint of tubing or casing included in the string at a known position to provide a reference point for further operations. A short pup joint that registers clearly in a collar locator log is a common flag joint.

pup joint schlumberger in stock

Reduce your stimulation capex by improving operational efficiency with state-of-the-art stimulation equipment for land or offshore applications. From automated stimulation delivery equipment to frac plugs and fluid delivery systems that save you time and money, you can rely on Schlumberger technology for maximum efficiency, inventory management, and safety performance.

pup joint schlumberger in stock

The pup joints manufactured and offered by MSI FZC are of different constructions to match the requirements of the clients.They can be integral, or NPST (Non Pressure Seal Thread), LPT(Line Pipe Thread) or welded.

pup joint schlumberger in stock

I last wrote about Schlumberger in a December 2017 article entitled, "Why I Sold Halliburton To Purchase Schlumberger." At the time, the energy business was rebounding after a severe price collapse. I favored Schlumberger over rival Halliburton (HAL) since the former possessed a significantly better balance sheet, and offered a more generous dividend yield.

Debt-to-Equity increased, though it"sdown a point versus the end of 2017. The ratio remains well within reasonable boundaries for the company and the industry. Schlumberger holds a "AA-" S&P credit rating.

In the fourth quarter 2017, Schlumberger took a $2.9 billion "Impairment & other" charge; $938 million was in conjunction with its Venezuelan business. The writedown and mark-to-market reduced the Ven promissory note to just $135 million. Of course, the situation in Venezuela may further deteriorate. So it"s possible another writedown may be required.

Despite these actions, balance sheet strength remains evident. Schlumberger isn"t over-levered, nor has total debt increased significantly. Debt-to-equity and Interest Coverage ratios are solid. Currently, the "AA-" S&P credit rating is intact. However, the company"s consolidated A+ credit rating is under negative watch by some rating agencies. No action appears imminent.

Since my last report to you, it seems difficult to mount a case Schlumberger"s industry position / financial performance has deteriorated. Revenue and unadjusted EBITDA improved significantly. Cash flows are flat.

Since 3Q 2017, we find crude oil prices rose significantly. Schlumberger management continues to pay a $2.00 per share dividend. There is little reason to believe it will be cut; especially while oilfield services are rebounding.

Schlumberger is the best-of-breed energy service company. Since 3Q 2017, the corporate balance sheet remains strong, business performance continues to improve, and oil prices are higher. While recent news about a slowdown in the Permain shale basin is notable, Schlumberger generates most of its revenue overseas. Furthermore, the slowdown is due to transportation out of the region and 2018 capital “exhaustion,” not a change in big-picture, global supply-and-demand.

pup joint schlumberger in stock

Schlumberger NV engages in the provision of technology for reservoir characterization, drilling, production and processing to the oil and gas industry. It operates through the following business segments: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital and Integration segment combines the company’s software and seismic businesses with its integrated offering of asset performance solutions. The Reservoir Performance segment consists of reservoir-centric technologies and services that are critical to optimizing reservoir productivity and performance. The Well Construction segment includes the full portfolio of products and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. The Production Systems segment develops technologies and provides expertise that enhance production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. The company was founded by Conrad Schlumberger and Marcel Schlumberger in 1926 and is headquartered in Houston, TX.

pup joint schlumberger in stock

Through our subsidiary HOWCO, SCOA provides oil field equipment and services from companies such as Schlumberger, Baker Hughes, Cameron, FMC, and others. The market size of oil field service related businesses is much bigger than that of OCTG distribution.

pup joint schlumberger in stock

Manufacturer of pressure, rig concept, well intervention, drilling, down-hole and tubular products. Pressure products include centering shear and fixed bore pipe rams, blowout preventers, diverter systems, connectors, check and gate valves, chokes, actuators, flow heads, manifolds, catchers, packers, hydrate seals, casing heads, casing and tubing head spools, adapters, and hangers. Rig concept products include rig packages, derricks, masts, and skidding systems. Drilling products include electric and hydraulic top drives, makeup/breakout units, pipe handling units, cabins, operation stations, chairs, automatic drillers, anti-collision systems, and navigators, and draw works. Down-hole products include coiled tubing orienteers, drilling motors and jars, and survey and shock tools. Tabular products include drill pipe connections, collars, Kelly�s, subs and pup joints, and pipes.

pup joint schlumberger in stock

Pup Joints are joints of tubing or drill pipe that are reduced in length. Pup Joints can range anywhere from 2 feet to 25 feet. They are very similar to standard joints of drill pipe and tubing except in most cases they have a reduced inside diameter matching that of the tool joint inside diameter.

pup joint schlumberger in stock

Schlumberger is incorporated in Willemstad, Curaçao as Schlumberger N.V.New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange.Fortune Global 500 company, ranked 287 in 2016,Forbes Global 2000, ranked 349 in 2022.

Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company (French: Société de prospection électrique) by two brothers Conrad and Marcel Schlumberger from Alsace.petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift, well completions, flow assurance and consulting, and software and information management. The company is also involved in the groundwater extractioncarbon capture and storage industries.

The Schlumberger brothers had experience conducting geophysical surveys in countries such as Romania, Canada, Serbia, South Africa, the Democratic Republic of the Congo,electrical resistivity well log in Merkwiller-Pechelbronn, France, in 1927.Kern County, California. In 1934, the Schlumberger Well Surveying Corporation was founded in Houston,Ridgefield, Connecticut in 1948, contributing to the development of a number of new logging tools. In 1956, Schlumberger Limited was incorporated as a holding company for all Schlumberger Limited businesses, which by now included American testing and production company Johnston Testers.

Over the years, Schlumberger continued to expand its operations and acquisitions. In 1960, Dowell Schlumberger (50% Schlumberger, 50% Dow Chemical), which specialized in pumping services for the oil industry, was formed. On February 2, 1962, Schlumberger Limited became listed on the New York Stock Exchange.South Boston, Virginia which was making furniture by the time the division was sold to Sperry & Hutchinson in 1971.Fairchild Camera and Instrument (including Fairchild Semiconductor) became a subsidiary of Schlumberger Limited.

In 1981, Schlumberger established the first international data links with e-mail. In 1983, Schlumberger opened its Cambridge Research Center in Cambridge, England.

In 1984, the SEDCO drilling rig company and half of Dowell of North America were acquired, resulting in the creation of the Anadrill drilling segment, a combination of Dowell and The Analysts" drilling segments. Forex Neptune was merged with SEDCO to create the Sedco Forex Drilling Company the following year, when Schlumberger purchased Merlin and 50% of GECO.

In 1987, Schlumberger completed its purchases of Neptune (North America), Bosco and Cori (Italy), and Allmess (Germany). That same year, National Semiconductor acquired Fairchild Semiconductor from Schlumberger for $122 million.

In 1992, Schlumberger acquired software company GeoQuest Systems. With the purchase came the conversion of SINet to TCP/IP and thus internet capable. In the 1990s Schlumberger bought out the petroleum division, AEG meter, and ECLIPSE reservoir study team Intera Technologies Corp. A joint venture between Schlumberger and Cable & Wireless resulted with the creation of Omnes, which then handled all of the company"s internal IT business. Oilphase and Camco International were also purchased.

In 1999, Schlumberger and Smith International created a joint venture, M-I L.L.C., the world"s largest drilling fluids (mud) company. The company consists of 60% Smith International, and 40% by Schlumberger. Since the joint venture was prohibited by a 1994 antitrust consent decree barring Smith from selling or combining their fluids business with certain other companies, including Schlumberger, the U.S. District Court in Washington, D.C. found Smith International Inc. and Schlumberger Ltd. guilty of criminal contempt and fined each company $750,000 and placed each company on five years probation. Both companies also agreed to pay a total of $13.1 million, representing a full disgorgement of all of the joint venture"s profits during the time the companies were in contempt.

In 2000, the Geco-Prakla division was merged with Western Geophysical to create the seismic data acquisition and processing contracting company WesternGeco, of which Schlumberger held a 70% stake, the remaining 30% belonging to competitor Baker Hughes. Sedco Forex was spun off, and merged with Transocean Drilling company in 2000.

In 2001, Schlumberger acquired the IT consultancy company Sema plc for $5.2 billion. The company was an Athens 2004 Summer Olympics partner, but the venture into IT consultancy did not pay off, and divestiture of Sema to Atos Origin was completed that year for $1.5 billion. The cards division was divested through an IPO to form Axalto, which later merged with Gemplus to form Gemalto, and the Messaging Solutions unit was spun off and merged with Taral Networks to form Airwide Solutions. In 2003, the Automated Test Equipment group, part of the 1979 Fairchild Semiconductor acquisition, was spun off to NPTest Holding, which later sold it to Credence.

In 2005, Schlumberger purchased Waterloo Hydrogeologic,groundwater industry related companies, such as Westbay Instruments, and Van Essen Instruments. Also that year, Schlumberger relocated its U.S. corporate offices from New York to Houston.

In 2006, Schlumberger purchased the remaining 30% of WesternGeco from Baker Hughes for US$2.4 billion.Cambridge, Massachusetts to replace the Ridgefield, Connecticut research center. The facility joins the other research centers operated by the company in Cambridge, England; Moscow, Russia; Stavanger, Norway; and Dhahran, Saudi Arabia.International sanctions during the Russo-Ukrainian War.

In 2009, Schlumberger acquired the shares of Techsia SA, a supplier of petrophysical software based in Montpellier, France. Techsia is well known in the industry for its flagship Techlog© product. The Montpellier-based Techsia center becomes then the Schlumberger Petrophysics Software Center of Excellence for the development of state-of-the-art solutions for the oil and gas exploration and production industry

In 2010, the acquisition of Smith International in an all-stock deal valued at $11.3 billion was announced. The sale price is 45.84-a-share price was 37.5 percent higher than Smith closing price on 18 February 2010. The deal is the biggest acquisition in Schlumberger history.

In 2014, Schlumberger announced the purchase of the remaining shares of SES Holdings Limited ("Saxon"), a Calgary-based provider of international land drilling services, from First Reserve and certain members of Saxon management. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals. Schlumberger had a minority share in Saxon previously.

In 2015, Schlumberger was indicted by the US Department of Justice for sanction violations of conducting business in Iran and Sudan; the company was fined $233 million, amounting to the largest fine for sanctions to date.

In 2015, due to a downturn in the global oil and gas industry, Schlumberger announced 21,000 layoffs accounting for 15% of the company"s total workforce.

In 2018, Schlumberger announced that WesternGeco would be exiting the seismic data acquisition business, both onshore and offshore, while retaining its multiclient data processing and interpretation segments. This decision followed the bankruptcy filings of several competitors in the seismic services sector.

In 2021, Schlumberger New Energy announced the signature of pilot project agreements between the French state, Genvia and critical-industry leaders on the pathway to net zero in the cement and steel industries. Through these agreements, the goal is to scale up the next generation of electrolyzer technology, developed over the last two decades, to produce clean hydrogen without CO2 emissions, accelerating the decarbonization of multiple industrial sectors.

In 2022, Schlumberger completed a corporate rebranding to be known as SLB. According to media statements, the company"s CEO said the corporate rebranding is not a shift away from fossil fuels.

Schlumberger maintains a 33-acre (13 ha) campus at the northeast corner of U.S. Highway 90A and Gillingham Lane in Sugar Land, Texas; as of 2017 Schlumberger is the third largest employer in the city. In 2015, Schlumberger announced that it was moving its U.S. corporate headquarters to the Sugar Land facility from its Houston office building. The company plans to build new buildings with a scheduled completion time of late 2017. They include a total of 250,000 square feet (23,000 m2) of Class A office space and an "amenities" building with 100,000 square feet (9,300 m2) of space.

In 2009, Newsweek remarked that to mitigate global warming Schlumberger has invested in carbon sequestration which involves long-term storage of CO2 and that the company"s seismic survey ships are 20% to 25% more fuel-efficient than those of other seismic contractors from using fuels that emit less pollution and towing equipment that creates less drag on the vessels.

In 2010, the Aberdeen Sheriff court fined Schlumberger Oilfield UK £300,000 for losing a radioactive source on the rig floor on the Ensco 101 mobile drilling rig in the North Sea for 4 hours.

In 2009, the Pennsylvania Department of Environmental Protection fined Chesapeake Appalachia LLC and Schlumberger Technology Corp. more than $15,500 each for a hydrochloric acid spill in February 2009 at Chesapeake"s Chancellor natural gas well site in Asylum Township, Bradford County, Pennsylvania. Officials said the leak did not contaminate groundwater.

In 2006, as the current owner of a facility in Pickens, South Carolina, Schlumberger agreed to pay $11.8 million to federal and state agencies for a problem caused by the previous owner, Sangamo-Weston, a capacitor manufacturing plant.polychlorinated biphenyls (PCB) released into the environment by Sangamo-Weston from 1955 to 1987. According to the Justice Department"s Environment and Natural Resources Division, an additional agreement by Schlumberger to purchase and remove dams will directly improve the Twelvemile Creek, South Carolina ecosystem and provide significant environmental benefits for the affected communities.

In 2010, Schlumberger was contracted to perform wireline logging on the Gulf of Mexico. On the day of the explosion, the Schlumberger crew was supposed to perform a cement evaluation test, but the test was cancelled and the crew was released by BP to leave the rig on the same day.film by Peter Berg.

In October 2022, it was reported that some of Schlumberger"s more than 9,000 Russian employees based in Russia received military draft notices through the company. Human rights groups such as Business & Human Rights Resource Centre are watching how the company responds to the concerns.Yale University which tracks company responses about operating in Russia, Schlumberger is noted as "buying time" while it continues to carry out the bulk of its business in the country.

pup joint schlumberger in stock

One is a short Drill Pipe used to adjust the length of the Drill String; The other one OCTG Pup Joint is a pipe of non-standard length, which is used to adjust the length of tubular strings to its exact requirement.

Vigor can manufacture the Tubing Pup Joints by different technology - Upsetting and Machining process. if you have a special requirement on the Pup Joint production process, please just specify.

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