Completion and Production delivers cementing, stimulation, well intervention, pressure control, pipeline and process services, and completion services. This segment consists of Production Enhancement Services, Completion Tools and Services, Cementing Services, and Boots & Coots.
Production Enhancement Services include stimulation services, pipeline process services, sand control services, and well intervention services. Stimulation services optimize oil and gas reservoir production through a variety of pressure pumping services, nitrogen services, and chemical processes, commonly known as hydraulic fracturing and acidizing. Sand control services include fluid and chemical systems and pumping services for the prevention of formation sand production. Well intervention services enable live well intervention and continuous pipe deployment capabilities through the use of hydraulic workover systems and coiled tubing tools and services.
Completion Tools and Services include subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, expandable liner hanger systems, swellable technology, intelligent completion systems, sand control systems and screens, and well servicing tools, and reservoir performance services. Reservoir performance services include testing tools, real-time reservoir analysis, and data acquisition services.
Cementing Services involve bonding the well and well casing while isolating fluid zones and maximizing wellbore stability. Our cementing service line also provides casing equipment.
Boots & Coots includes well intervention services, pressure control, equipment rental tools and services, and pipeline and process services.
Multi-Chem, the fourth-largest provider of production chemicals in North America, provides customized specialty chemicals to address issues such as flow assurance, enhanced gas recovery, fracturing technology and pipeline treatments.
Key Data
| Completion and Production |
Year Ended December 31 |
| millions of dollars |
2011 |
2010 |
| Revenue |
$15,143 |
$9,997 |
| Operating Income |
3,733 |
2,032 |
| Capital Expenditure |
1,669 |
1,010 |
| Depreciation, depletion, and amortization |
680 |
537 |
|