What is the company's history and milestones?
Schlumberger Limited has a rich history dating back to 1926 when Conrad and Marcel Schlumberger founded the company. As pioneers of electrical measurements in oil exploration, they revolutionized the industry. Throughout the years, Schlumberger has achieved significant milestones. In the 1930s, they introduced the possibility of well logging to provide data for analysis by petroleum geologists. In the 1950s, they developed the first-ever digital computer for geological data interpretation. Fast forward to the 1970s, Schlumberger launched seismic acquisition, processing, and interpretation services. In 1991, the company achieved another milestone with the introduction of the industry's first logging-while-drilling (LWD) service. Schlumberger's technological advancements and global presence earned it recognition as a leading oilfield services company. In recent years, they continue to innovate with digitalization, artificial intelligence, and machine learning technologies, pioneering the future of the industry.
Answered Nov 2, 2023
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