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`Ex. PGS 1007
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`EX. PGS 1007
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`Page 1
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`1 of 1 DOCUMENT
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`Copyright 2000 Business Wire, Inc.
`Business Wire
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`August 7, 2000, Monday
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`DISTRIBUTION: Business/Energy Editors
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`LENGTH: 553 words
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`HEADLINE: Schlumberger Q-Marine Takes 4D Seismic to Next Level; Seismic Imaging System Redefines Marine
`Reservoir Characterization
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`DATELINE: HOUSTON, Aug. 7, 2000
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`BODY:
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`Schlumberger Oilfield Services (NYSE:SLB) announced today the launch of Q-Marine(a), the new-generation
`marine seismic technology, at the Society of Exploration Geophysicists Calgary 2000 International Exposition.
`Successfully field tested in the Gulf of Mexico, Q-Marine technology establishes a new level of precision for seismic
`reservoir characterization and evaluation and brings the seismic industry closer to its goal of delivering reservoir images
`at a resolution similar to that of downhole measurements. Q-Marine follows on the heels of Q-Land(a), the first
`component of the revolutionary seismic acquisition and processing system introduced by Schlumberger in March 2000.
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`The revolutionary Q-Marine towed streamer seismic data acquisition system combines the proven benefits of
`Schlumberger streamer steering technology with single-sensor recording. Exploiting recent advances in both electronics
`and data communication networks, the system allows recording by more than 4,000 individual hydrophones on each of
`as many as 20 streamers, giving a maximum of 80,000 channels. Sophisticated signal processing software enables
`real-time digital group forming of the single-sensor data and correction of perturbations in the seismic data. The
`real-time intelligent dynamic group forming incorporates high-fidelity data-adaptive noise attenuation.
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`According to Terje Nikolaysen, vice president for Schlumberger Reservoir Evaluation Seismic: "One area that will
`benefit particularly from the introduction of Q-Marine technology is the acquisition of 4D seismic surveys. Q-Marine
`acquisition introduces new levels of control, which now enable the cost-effective towed streamer method to accurately
`fulfill the principal requirements of 4D ready data."
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`"With Q-Marine acquisition, we can now deliver 4D ready data, which have both forward and backward
`compatibility. The pace of 4D exploration has gathered speed in recent years but only now, by introducing a series of
`advanced control developments, will the industry be able to utilize towed marine seismic to efficiently manage the oil
`reservoir through its full life cycle by virtue of the advanced introduction of the Q-Marine system. We foresee Q-Marine
`technology and 4D seismic rapidly becoming the standard reservoir management tool for accurate and cost-efficient
`reservoir evaluation and monitoring."
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`Ex. PGS 1007
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`Page 2
`Schlumberger Q-Marine Takes 4D Seismic to Next Level; Seismic Imaging System Redefines Marine Reservoir
`Characterization Business Wire August 7, 2000, Monday
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`About Schlumberger
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`Schlumberger Oilfield Services, a business segment of Schlumberger Limited, is the leading supplier of services
`and technology to the international petroleum industry and operates offices, service locations, and research and
`development facilities around the world. Schlumberger is a global leader in technical services spanning the oil and gas,
`utility, semiconductor, smart cards, network and Internet solutions industries. Schlumberger revenue was $8.4 billion in
`1999. Additional information is available at http://www.slb.com.
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`For more information contact Linda Silinsky, external communications manager, Schlumberger Oilfield Services,
`225 Schlumberger Drive, Sugar Land, TX 77479-3136, USA; Tel: 281/285-4270; e-mail: silinsky@slb.com.
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`(a) Mark of Schlumberger
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`CONTACT: Schlumberger Oilfield Services, Sugar Land
`Linda Silinsky, 281/285-4270
`silinsky@slb.com
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`URL: http://www.businesswire.com
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`LOAD-DATE: August 8, 2000
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`Ex. PGS 1007
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