UPDATE 2-Schlumberger sees lower N. American Q4 revenues on drop in fracking

Reuters Nigeria
@reutersnigeria
5 years ago

HOUSTON, Dec 4 (Reuters) - Schlumberger, the world'slargest oilfield services provider, warned on Tuesday that itsfourth-quarter North America revenues will likely decline 15percent sequentially on steeper-than-expected price declines inhydraulic fracturing.