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  Overview_2

 Company Details

Geoservices is an upstream oilfield service company founded in 1958. It provides a range of skills that help evaluate hydrocarbon reservoirs and optimize field exploration, development and production.
- Turnover 2007, USD 416 million
- 4 600 employees in 53 countries
- World n°1 in Mud Logging
- World n°3 in Well Intervention

 Mission Statement:

Geoservices mission is to deliver high value technical services to oil and gas producers anywhere in the world, via well trained, customer-oriented personnel working to the highest standards of safety and quality. Our focus is on Mud Logging, Well Intervention and Field Surveillance.

Geoservices is a strategic partner during the entire lifetime of clients’ assets and gives a unique combination of Research and Development, worldwide presence and operational excellence.

 Three Business Segments:

Mud Logging
Mobile high-tech laboratory (1 per rig) run by a crew of 4 people (2 qualified engineers) providing geological and drilling surveillance. Information given is twofold:
- Drilling Support: (depth, drilling speed, vibrations, early kick detection…) to enhance safety and optimise drilling efficiency.
- Formation Evaluation: (analysis of rock cuttings, gas in the mud…) to provide a log of the lithology and hydrocarbons encountered while drilling.

Well Intervention (slickline)
Downhole operations using light mobile winch units to run specialized tools on wire for production and reservoir information during the development/mature phases of the field.
- Slickline Conveyance: light or heavy mechanical wireline operations.
- Measurement & Diagnostics: reservoir monitoring and downhole data acquisition.
- Remediation of Wells: replacement of faulty equipment, scraping, perforation, etc.

Field Surveillance
Surface operations to inform production and reservoir engineers during the mature phase of production.
- Operations & Maintenance: providing ad-hoc staff and procedures for the operation and maintenance of surface installations (process, mechanical, instrumentation…)
- Equipment Sales: patented Geoservices inventions such as the GEM-Valve are available for purchase.
- Services Solutions: We provide solutions for the determination of well production rates for reservoir monitoring and well performance.

 Clients (examples):

- International Oil Companies



- National Oil Companies



- Regional or multi-regional players

 Geoservices Corporate Values

At Geoservices we have four core values that define our corporate identity:

 Dedication to Customer Service

We deliver services that enhance our customers’ performance and build on customer loyalty and trust. In order to constantly fulfil our customers’ expectations, we are committed to innovation through substantial investment in research & development.

 Employee Development

Our company strives to provide all its employees with a stimulating work environment offering respect of individuality, reward for initiative and achievement, ample training and challenging opportunities.

 Commitment to Excellence

The quest for excellence is at the root of all our actions, through the delivery of high-quality services and dedication to the highest health & safety standards.

 Respect for the Environment

We respect the environment by implementing principles of sustainable development and efficient management of resources. We have the highest regard for the countries and communities that accommodate our activities.
Overview_1  
  Overview_2