17 December 2002
ProVISION improves economics by providing producibility information in real time for increased well performance, data assurance and early decisions

HOUSTON - Schlumberger Oilfield Services announced today the introduction of the ProVISION* real-time reservoir steering tool. This new magnetic resonance (MR) logging-while-drilling (LWD) tool delivers real-time producibility information needed for steering decisions to enhance well performance.

Field tested under a wide variety of conditions worldwide, ProVISION has an extensive track record including 49 MR LWD runs for 13 different operators in 35 wells, with footage logged-while-drilling now exceeding 100,000 ft.

"With ProVISION, obtaining the magnetic resonance data during drilling allows the drilling process to be optimized to increase well performance," said Imran Kizilbash, president, Drilling & Measurements for Schlumberger Oilfield Services. "Using ProVISION we have been delivering reliable real-time data transmission of LWD productivity data since mid-2000 to support our clients need for real-time decision-making that improves overall project economics."

Designed and tested to full LWD shock, temperature and pressure standards, the tool does not require radioactive sources and is fully compatible with existing technology. ProVISION can be placed anywhere in the bottomhole assembly (BHA), including directly above the bit, and still provide real-time data transmission. Downhole motion data can be used to optimize drilling parameters and actually increase the lifetime of the BHA for further rig time and cost savings.

"Real-time data transmission can help reduce drilling cost by delivering information for early sidetrack, plug and abandon, and completion decisions, as well as provide information to optimize completion designs and increase knowledge of reservoir productivity," said Kizilbash.

With ProVISION, the risks associated with drilling unnecessarily long intervals and under performing wells may be avoided. Logging-while-drilling MR is the only option in extended reach horizontal wells that require pipe rotation to reach the bottomhole section. The tool also addresses situations of poor borehole stability and demanding deepwater conditions. More information on ProVISION can be found at: www.slb.com/oilfield/provision

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About Schlumberger
Schlumberger Oilfield Services, the largest oilfield services company in the world, is the leading supplier of technology services and solutions to the international petroleum industry. With operations in more than 100 countries, Schlumberger Oilfield Services is one of two business segments of Schlumberger Limited, a global technology services company spanning the oil and gas, telecommunications, utilities, finance, transport and public sector markets. Schlumberger revenue was $14.3 billion in 2001. For more information visit www.slb.com

For further information, contact:
Susan Ganz
Media Relations Manager
Schlumberger Oilfield Services
Tel: +1 281 285 8245
sganz1@slb.com

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