It was just three years ago that Schlumberger created its fraccing arm when it acquired Weatherford International for US$430 million and absorbed it into its own business.
SCHLUMBERGER will divest its North American fraccing arm to rival Liberty Oilfield Services in return taking a 37% stake in a new combined business.
It was just three years ago that Schlumberger created its fraccing arm when it acquired Weatherford International for US$430 million and absorbed it into its own business.