SCHOLARSHIPS TO THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS' OUTSTANDING STUDENT CHAPTERS

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SCHOLARSHIPS TO THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS' OUTSTANDING STUDENT CHAPTERS
22 June 2005 - Schlumberger

Schlumberger announced its contribution of two $1,000 scholarships to the American Association of Petroleum Geologists' Outstanding Student Chapter Awards.

Stephen F. Austin State University in Nacogdoches, Texas, was the award recipient among United States-based chapters, and Trisakti University in Jakarta, Indonesia, was honored as the outstanding international chapter. Karen Glaser, marketing communications manager, Data & Consulting Services, Schlumberger, presented the awards to these two outstanding chapters at Monday night's AAPG student meeting and reception.

"Schlumberger is dedicated to supporting universities that continue to excel with their geological student programs," said Glaser. "We are pleased to be able to support AAPG with its student development programs as these university students will one day be our leaders in the oil and gas industry."

Awards are presented yearly at the AAPG annual meeting. Student chapter requirements for selection of awards are maintenance of student AAPG memberships, active AAPG faculty sponsor, and participation in Earth Science Week, field trips, meetings and special community events.

This is the ninth year Schlumberger has sponsored scholarships for the AAPG Outstanding Student Chapter Awards.

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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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