Schoeller-Bleckmann Oilfield Equipment AG Logo

Schoeller-Bleckmann Oilfield Equipment AG

ISIN: AT0000946652 | Ticker: SBO

About Schoeller-Bleckmann Oilfield Equipment AG

Company Description

SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft (SBO) is the global market leader in high-precision components made of high-alloy steel and a leading supplier of key components for the oilfield service industry. The business focus is on non-magnetic drillstring components and high-tech downhole tools for drilling and completing directional and horizontal wells.
Vertical wells often allow depletion of only a fraction of the oil and gas from a reservoir. State-of-theart directional drilling is applied to penetrate oil and gas fields that previously were undiscovered or inaccessible and to increase the recovery rate. SBO is a supplier of key components therefore: MWD (Measurement While Drilling) and LWD (Logging While Drilling) components made of nonmagnetic, corrosion-resistant stainless steel and high-precision drilling tools for efficient directional drillstring drive.

Year founded

1988

Served area

Worldwide

Headcount

1,267

Headquarters

Hauptstrasse 2, 2630 Ternitz – Austria

Shareholder information

Shares outstanding

16,000,000

IPO

March 27, 2003

Stock exchange(s)

Vienna Stock Exchange

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