Holdings  > Holding Rationales  > oil well testing

Holding: SLB

needcaffeine [56] Star!

Start tracking!

You are not tracking needcaffeine.

Symbol Sector Return Exposure Trades Last Trade Status
SLB Oil Equipment and Services -56.70%  n/a 1  15-Apr-09  Prior Holding
<< Previous Post     Next Post >>

20-Jun-08

oil well testing

Holding Rationale for SLB.

all oil wells have to be tested. Halliburton & Schlumberger are the top 2 companies doing this. The average, 10yrs ago for finding a good well was 30:1, regardless all 31 wells had to be tested. Due to Halliburtons' bad political rep, Schlumberger is a better way to go.

Tagged Stocks: SLB

 

Posted at 09:00 in Holding Rationales  |   Permalink   |  Top

AddThis Social Bookmark Button
 

0 Comments on "oil well testing"

You must be logged in to post a comment.

Top

 
 

Credibility in SLB

needcaffeine

SLB Out
Rank 72/74
Return -56.70% at 2010-03-14
Rank 72/74
Trades 1
Followers 2
 

Categories

Holding Rationales (2)

Watchlist Ideas (1)

Holding Tags

RIMM (1)

SLB (1)

Watchlist Tags

SNP (1)

 

Archives

Jul 2008 (1)

Jun 2008 (2)