No layoffs by Schlumberger seen locally

Oilfield services giant Schlumberger Ltd. is laying off about 5 percent of its North American work force but indicated the layoffs would have no immediate effect in western Colorado.

Schlumberger officials didn’t disclose where the layoffs were taking place.

Schlumberger’s plans for an energy-services headquarters in De Beque are unaffected, company
spokesman Stephen Harris said.

The company is eliminating as many as 1,000 jobs in North America, where is employs about 19,000. Schlumberger employs 84,000 people worldwide. It employs about 300 people in Grand Junction.

In western Colorado, “We’re still busy and we’re not expecting anything to change,” said Kevin Kennett, operations manager for the West Slope.

Schlumberger performs a variety of oilfield services, including formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity consulting.

Schlumberger operates in about 80 countries and had operating revenues of $23.28 billion in 2007.


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