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    SLB (formerly Schlumberger)

    NYSE: SLB

    Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

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    Oilfield Services · Oilfield Services & Equipment

    SLB (formerly Schlumberger)

    SLB

    SLB (formerly Schlumberger) is the world's largest oilfield services company, now headquartered in Houston after a historic move from Paris.

    Founded
    1926
    Employees
    99,000+
    Revenue
    $33 billion (2023)
    HQ
    Houston, TX
    Well LoggingReservoir CharacterizationDigital OilfieldSubsea Systems

    SLB, formerly known as Schlumberger Limited, is the world's largest oilfield services company. The company rebranded to SLB in 2022 and officially moved its principal offices to Houston, Texas, from Paris. SLB provides technology, information solutions, and integrated project management to the oil and gas industry worldwide, with a portfolio spanning reservoir characterization, drilling, production, and digital integration.

    Headquarters

    Houston, TX

    Founded

    1926

    Employees

    99,000+

    Revenue

    $33 billion (2023)

    CEO

    Olivier Le Peuch

    Website

    slb.com

    History of SLB (formerly Schlumberger)

    The company was founded in 1926 by brothers Conrad and Marcel Schlumberger, who pioneered the technique of well logging—using electrical measurements to determine subsurface geology. For decades headquartered in Paris and The Hague, SLB moved its principal offices to Houston in 2023, recognizing the city's role as the global energy capital.

    Operations & Business Segments

    SLB operates in over 100 countries across four business divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company is a leader in digital oilfield technology, subsea systems, and reservoir characterization. Its Lumi data and AI platform is transforming how the industry manages E&P operations.

    Headquarters Location

    Houston, TX

    Key Specialties & Capabilities

    Well LoggingReservoir CharacterizationDigital OilfieldSubsea SystemsDrilling TechnologyAI & Data Analytics

    Frequently Asked Questions About SLB (formerly Schlumberger)

    Why did Schlumberger change its name to SLB?
    Schlumberger rebranded to SLB in October 2022 to reflect its evolution from a traditional oilfield services company to a global technology company. The company also moved its principal offices to Houston.
    Is SLB the biggest oilfield services company?
    Yes. SLB is the world's largest oilfield services company by revenue and market capitalization, operating in more than 100 countries with approximately 99,000 employees.
    What technology is SLB known for?
    SLB pioneered well logging and is known for leadership in reservoir characterization, digital oilfield solutions, subsea systems, and its Lumi AI platform for energy industry data analytics.
    What does SLB (formerly Schlumberger) do in Houston?
    SLB (formerly Schlumberger) is a oilfield services company based in Houston, TX. SLB (formerly Schlumberger) is the world's largest oilfield services company, now headquartered in Houston after a historic move from Paris.
    Where is SLB (formerly Schlumberger) headquartered?
    SLB (formerly Schlumberger) is headquartered in Houston, TX, founded in 1926. The company operates in Houston's energy corridor as part of the oilfield services sector.

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