As of 2026, Schlumberger Limited (NYSE: SLB) has a market capitalization of approximately $85 billion and a reported net worth of $62.3 billion
Is SLB a Fortune 500?
Yes, SLB (Schlumberger) is a Fortune 500 company
In the 2025 Fortune 500 list (released 2024), Schlumberger landed at #209 with $33.5 billion in revenue — solidly in the top tier of global industrial firms. It operates in over 120 countries and employs roughly 90,000 people worldwide. Honestly, that kind of scale is impressive. While rankings shift yearly, SLB has stayed inside the Fortune 300 for the past decade (Fortune).
How much does Schlumberger make a year?
In 2025, Schlumberger reported $33.5 billion in annual revenue
That number is down from a peak of $36.7 billion in 2022 but up from $23.6 billion in 2020 — basically showing how oil‑price swings and a push toward higher‑margin digital services have shaped results. Revenue streams cover reservoir characterization, drilling, production, and emerging low‑carbon solutions. If you want the full breakdown, Schlumberger’s 2025 annual report has you covered (SLB.com).
Is Schlumberger still in business?
Yes, Schlumberger is still in business and remains a leading oilfield services provider
Back in 2021 Schlumberger sold its U.S. fracking unit (OneStim) to Liberty Oilfield Services for $448 million, a move that let it double‑down on digital oilfield solutions and healthier‑margin international markets. Today it still operates in over 120 countries and pours serious money into R&D. That divestiture was part of a broader portfolio reshaping announced in its 2021 investor presentation (Reuters).
Is Schlumberger a good company?
Schlumberger is widely regarded as a strong employer and industry leader
Employee surveys consistently show high satisfaction scores, especially for technical career paths and global mobility opportunities. Sure, the firm faces scrutiny over its environmental footprint, but its sustainability commitments include a target to net‑zero operational emissions by 2050 (Bloomberg).
Does Schlumberger pay well?
Salaries at Schlumberger are competitive, especially in technical and managerial roles—with the top 10 % of employees earning over $150,000 annually
Typical pay ranges sit around $80,000–$100,000 for a Control Room Operator and $150,000–$175,000+ for senior petroleum engineers, depending on location and experience. Bonuses, profit‑sharing, and solid health benefits bump total compensation even higher. These numbers come from aggregated employee‑reported salaries on Glassdoor for 2024‑2025 (Glassdoor).
Who is the CEO of Schlumberger?
Olivier Le Peuch has served as CEO since August 2019
Before becoming CEO, Le Peuch racked up more than 30 years in various technical and leadership roles across Schlumberger’s global operations. Under his watch the company has accelerated investments in automation, cloud‑based data analytics, and low‑carbon energy solutions. You can find his biography and appointment on Schlumberger’s leadership page (SLB.com).
Where is Schlumberger headquarters?
Schlumberger’s global headquarters is in Houston, Texas, at 5599 San Felipe St.
Besides the Houston campus, Schlumberger keeps principal offices in Paris (France), London (UK), and The Hague (Netherlands) to support its worldwide operations. Those regional hubs help coordinate activity across its 120+ country footprint. You can confirm the address details on the company’s contact page (SLB.com).
Is Schlumberger a Fortune 100 company?
No, Schlumberger is not a Fortune 100 company
In the 2025 Fortune 500 list Schlumberger landed at #209 — well outside the top 100. Historically it sat at #287 back in 2016, showing gradual improvement but still shy of the Fortune 100 cutoff. After all, the Fortune 100 is reserved for firms pulling in roughly $115 billion or more in revenue, a mark Schlumberger hasn’t hit yet (Fortune).
What does SLB stand for?
SLB officially stands for “Schlumberger Limited”
On the NYSE the ticker SLB stands for Schlumberger Limited and is used in financial reporting and trading. You won’t see the acronym on any rig or piece of equipment — it’s mainly a investor shorthand. This naming convention shows up in the company’s SEC filings (SEC.gov).
Who bought Schlumberger fracking?
Liberty Oilfield Services acquired Schlumberger’s U.S. fracking business (OneStim) in 2021 for $448 million
The deal closed in December 2021, instantly making Liberty the third‑largest North American hydraulic fracturing provider by fleet size. For Schlumberger, it was a clean exit from a lower‑margin U.S. onshore business, freeing up capital for digital and international ventures. The specifics came out in a joint press release (Reuters).
Who owns Schlumberger?
Schlumberger is a publicly traded company owned by shareholders
Its shares trade on the NYSE under ticker SLB, and big institutional players like BlackRock, Vanguard, and State Street together hold a sizable chunk of the outstanding stock. Ownership details are refreshed quarterly in the company’s 13‑F filings with the SEC (SEC.gov).
Who is the biggest oilfield service company?
Schlumberger is the largest oilfield services company in the world
According to 2024 market‑share data, Schlumberger commands about 22 % of the global oilfield services market, while Baker Hughes and Halliburton each sit around 14‑15 %. The rest is divided among smaller players like Weatherford International, NOV, and Tenaris. These numbers come from industry analyses published by Rystad Energy (Rystad Energy).
Does Schlumberger use SAP?
Yes, Schlumberger uses SAP ERP systems
Schlumberger has rolled out SAP S/4HANA across many regions to standardize processes and boost real‑time data visibility. That SAP integration backs its digital oilfield initiatives by tying operational data to back‑office functions. You’ll see this mentioned in Schlumberger’s annual technology overview (SLB.com).
What is the highest paying job in the oilfield?
The highest paying jobs in the oilfield are senior petroleum engineers, drilling managers, and offshore installation managers, often exceeding $250,000 per year in total compensation
These roles demand deep technical expertise, years of field experience, and often entail overseeing multi‑million‑dollar projects. On top of base pay, performance bonuses, profit‑sharing, and hazard pay can push total earnings well above the $250k mark — especially for remote or offshore gigs. Salary surveys from the Bureau of Labor Statistics and various industry reports back up these ranges (BLS.gov).
