Schlumberger Logistics Report

The Fortune 500 Company chosen for this paper is the Lockheed Martin Corporation. Lockheed Martin is a global securities and information technology company headquartered in Bethesda, MD. Lockheed Martin employs roughly 126,000 people in several facilities throughout the world. The company's main business is in research, design, development, manufacturing, integration and sustainment of advanced technology systems, products and services. Lockheed consists of four operating units, or business areas, which consist of Aeronautics, Electronic Systems, Information Systems and Global Solutions, and Space Systems (LMC, 2011).

Halliburton is one of the largest Drilling companies in the world. This company has over 50,000 employees and operates in more then 70 Countries including North America, Central & South America, Africa, Europe, Middle East, Asia, and Oceania. Halliburton consists of two company divisions-(1) Drilling and Evaluation and (2) Completion and Protection This paper will go over the various aspects of Management planning within Halliburton.

Under his leadership, Petrello has enabled the Nabors industries to provide directional drilling services, and innovative technologies to other drilling companies in the world. This has greatly contributed to the rise of the company’s share price

This case clearly depicts the successful business processes implemented by H&P Rig 294. Their processes display the relationship between unit production time and the cumulative number of units produced in an efficient manner (Chase & Jacobs, 2014). Profitability of drilling companies of Bakken areas are getting better and better. They are able to establish good reputation within the industry through their safety, speed and efficient standards.

The oil and gas industry is one of, if not the, largest industries in the country currently. Companies related to this industry range from exploration to transportation to retail. There are many companies operating in the industry, but one in particular is especially interesting, and that is Cimarex Energy Co. This paper will analyze the industry and Cimarex Energy’s strategy and core competency, and give an evaluation of the findings with recommendations for the future of the company.

Today, it continues to build on the industry 's longest track record of providing leading edge E&P technology to develop new advancements-from reservoir to surface. Schlumberger supplies the industry 's most comprehensive range of products and services, from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance. Its key Customers includes Twenty-eight customers that are currently publicly disclosed. Schlumberger is providing services for several large multinational and foreign companies including ExxonMobil, Chevron, Shell, BP, Petroleos Mexicanos, OGX Petroleo in Brazil, and Oil India Limited. The geographical diversity of its publicly listed company shows the

Schlumberger is a company which is based on the tertiary sector of industry as it is the world’s leading supplier of technology, integrated project management and information solutions to clients working in the oil and gas industry worldwide. Since its inception in 1995, IPM has managed the drilling and completion of over 8,000 wells with over 60 million feet drilled. Schlumberger offerings combine domain expertise, best practices, safe and environmentally sound well site operations, innovative technologies, and

What is the oil industry? The oil industry, made up of both oil and gas is also known as the energy industry. On a personal level, “oil and gas provides the world 's 7 billion people with 60 percent of their daily energy needs. The other 40 percent comes from coal, nuclear and hydroelectric power, solar and tidal power, and biomass products such as firewood (Petroleum Online, 2014).”

The state of economies is without no doubt a major factor in the future trends of Venezuelan oil and gas industry. The industry is

There is a rising global demand for oil, which has prompted many oil companies to increase their oil production outputs. Common customer needs in the area of drilling and integrated systems management mean that Schlumberger can standardize its services across continents. This means that the need for global marketing is significantly reduced, as marketing techniques become transferable. Ultimately, this results in economies of scale for Schlumberger.

The gas supply chain has many phases but can be grouped together as five phases and some being more invasive then others. All companies in the Oil and Gas industries use the, some slightly different, process of phases the gasoline takes to be distributed. The first phase that is taken is the domestic and import of oil that is sent to the refinery, the next 4 steps are the steps that are taken to turn the oil and gas into a product that can be used for the public and how it is distributed. All phase of the gasoline supply chain are very crucial and no phases can be skipped over.

The Oil & Gas Company is committed to operational excellence, personal accountability and sustainable practices throughout its operations while elevating the energy resources for the benefit of all stakeholders.

Energy makes the wheels of global supply chains go round (Bud La Londe, 2006). A typical oil supply chain begins with the crude oil producer, next, the oil moves to the refiner, the transporter, the retailer and finally to the gas pump where a customer receives the product. The top world oil producers are Saudi Arabia, Russia, the United States, Iran, Mexico, China, Canada, United Arab Emirates, Venezuela, Norway,

The upstream sector of the oil and gas industry is majorly capital intensive and characterised by numerous uncertainties likely to affect exploration and exploitation of natural resources. The complexity of projects, stringent regulatory framework and operating circumstances contribute to its functionality and outcomes. Host countries have the benefit of negotiating the arrangement in which multinationals firms will operate.

We whole heartedly thank the company as well as their SCADA team for giving us the opportunities to work on the latest technology and bring out the best in us and developing our talents, not only in the technical field but also how to work in a team. Co-operating and assisting each other in the department helped us to explore potential and perform much better.