TEXAS, USA — Oilfield services company Schlumberger has reportedly sold its frac operations. The company sold the operations to Liberty Oilfield Services in exchange for a 37% interest in Liberty.

Schlumberger and Liberty Oilfield Services have completed a deal that will influence the delivery of pressure pumping in North America. Two oilfield services (OFS) players on Monday reported that they ...

Apache Corp., Houston, said it has partnered with Halliburton and Schlumberger to find ways to use natural gas to power hydraulic fracturing, one of the most energy-intensive processes employed by the ...

(Bloomberg) -- Schlumberger has become the biggest oil-service industry player yet to abandon frac work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.

Liberty Oilfield Services Inc., Denver, acquired Schlumberger’s OneStim onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pump down perforating, ...

US-headquartered contractor Schlumberger has been lined up to help Australian operator Oilex boost production at its Cambay field onshore India. Oilex has awarded Schlumberger a contract to supply ...

Schlumberger, the largest oil-field services company, is responding to the ongoing shale slump by selling underperforming businesses, stacking frac fleets, closing locations and laying off employees.

DENVER & HOUSTON--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today an agreement for the contribution of Schlumberger’s onshore hydraulic ...