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In 1927 Schlumberger was founded by the two brothers who invented wireline logging as a technique for obtaining downhole data in oil and gas wells. Today, Schlumberger continues to build on the industry’s longest track record for providing leading edge E&P technology to develop new advancements from reservoir to surface.

Since its founding, the company has consistently invested significant time and money on research and development as a long-term strategy to support and grow its technology leadership. With 58 research and engineering facilities worldwide, Schlumberger places strong emphasis on developing innovative technology that adds value for customers. In 2011, the company invested $1.1 billion in R&D.