It had been two and a half months since Schlumberger (SLB) made a acquisition so it came as no surprise when the frequent buyer returned in a set of deals at the end of Q1. The first deal was made with Weatherford International. Instead of selling its shut-down pressure pumping operations unit, Weatherford used the assets to form a JV with SLB (PG. 1). The resulting JV, names OneStim will create a fracking giant......
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