SLB Limited · NYSE:SLB
SLB — Schlumberger — Scotia Howard Weil Energy Conference 2020
5 slides from SLB's conference presentation, Mar 24, 2020
Slide 1: Scotia Howard Weil Energy Conference
Houston, March 24, 2020 Scotia Howard Weil Energy Conference Olivier Le Peuch, CEO
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements The presentation referred to above contain “forward-looking statements” within the meaning of the federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “ma
Slide 3: COVID-19 Update March 24, 2020
COVID-19 Update March 24, 2020 • Safety First / People First – Crisis Management Team activated early January, focused on personnel health and safety – CMT implemented globally with country-specific actions and 24-hour cadence – Employee communication digitally enabled via Schlumberger COVID-19 Powe
Slide 4: Operational Update March 24, 2020
Operational Update March 24, 2020 • March Disruptions – North America land operations impacted by oil price correction – International/Cameron operations starting to be impacted by COVID-19 disruption • Q2 Outlook: North America land – Rapid reduction in rig count and completions activity – Rig coun
Slide 5: Business Continuity Update March 24, 2020
Business Continuity Update March 24, 2020 • Company-wide – Safety First / People First: focus on managing COVID-19 outbreak – Cutting capital spend by up to 30% from 2019 level (capex, APS, and multiclient) - Magnitude of reduction depends on changes to customer plans - Capex almost entirely allocat
Schlumberger — Scotia Howard Weil Energy Conference 2020 on 6ix