SCHLUMBERGER ANNOUNCES SECOND QUARTER 2004 RESULTS CONFERENCE CALL

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SCHLUMBERGER ANNOUNCES SECOND QUARTER 2004 RESULTS CONFERENCE CALL
08 June 2004 - Schlumberger

WesternGeco announced today that it has completed acquisition of a Q-Marine seismic survey for the Danish Oil and Natural Gas Company (DONG) over the Siri field in the North Sea. The 128-square-kilometer, high-resolution Q survey was acquired in May over a 1996 heritage survey and will include 4D processing of the vintage data.

WesternGeco announced today that it has completed acquisition of a Q-Marine seismic survey for the Danish Oil and Natural Gas Company (DONG) over the Siri field in the North Sea.

The 128-square-kilometer, high-resolution Q survey was acquired in May over a 1996 heritage survey and will include 4D processing of the vintage data.

'WesternGeco Q-Technology was selected for this monitor survey because of the high activity level in the area where the increased spatial Q-marine sampling could enhance noise reduction,' said Jesper Wissendorf Hansen, operations geophysicist, DONG E&P A/S. 'Furthermore, the steerable streamers added a safety element to the work around the installations in the area, in addition to the advantage of steering the feather.'

The survey was conducted in two phases. First, the Q-Technology vessel Western Pride, towing six 3200-meter cables with 100-meter separation, repeated the 1996 survey. An interleaved pass then increased data density and will be used for enhanced imaging.

'We are pleased that DONG has chosen WesternGeco Q-Technology for the repeat survey of this reservoir,' said Roar Bekker, manager, WesternGeco Europe. 'The high repeatability and superior resolution of the Q survey will enable improved knowledge of the Siri field.'

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About: Schlumberger
Schlumberger is the world's leading oilfield services company supplying technology, project management and information solutions that optimize performance for customers working in the oil and gas industry. The company employs more than 52,000 people of over 140 nationalities working in more than 80 countries, and comprises two business segments.

Schlumberger supplies a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes. WesternGeco, jointly owned with Baker Hughes, is the world's largest seismic company and provides advanced acquisition and data processing services.

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