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Schlumberger launches technology license with CNPC Logging

Schlumberger is collaborating with China Petroleum Logging Co. Ltd., a subsidiary of China National Petroleum Corporation, to jointly manufacture wireline downhole technology in China. The collaboration will provide CNPC Logging with a license to manufacture fit-for-basin wireline technology. Schlumberger will support CNPC Logging on the manufacturing and sustaining activities for ThruBit through-the-bit logging technology at the CNPC Logging technology center in Xi’an, Shaanxi province.

“We are very pleased to continue evolving our relationship with CNPC Logging through this new technology access model, starting with ThruBit—one of our differentiated wireline technologies,” Djamel Idri, Wireline president, Schlumberger, said in a statement. “This technology will enable CNPC Logging to significantly improve their logging capabilities in horizontal and vertical wells across all China basins.”

Li Jianhao, president, CNPC Logging, added, “With the growing number of horizontal wells undertaken by CNPC each year, the ThruBit platform has become essential to our reservoir evaluation strategy. In today’s low oil price environment, this partnership is more important than ever and this new business model will help us to achieve mutual benefits."

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Publicado por OIL CHANNEL

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