Higher reservoir performance activities in Guyana help bump up Schlumberger Q2 revenue

Oilfield Services Company Schlumberger says its performance in the second quarter of 2021 marks a leap forward in achieving its full-year financial targets with the potential for further upside given the right conditions. Second-quarter global revenue grew 8% sequentially, outperforming the rig count growth in both North America and the international markets, including Guyana, where higher Reservoir Performance intervention activity resulted in an increase in Latin America revenue.