Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil. He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution. But the experiment had a broader purpose: proving that electric instruments could be used to reveal and map underground structures from the surface.
- ▪In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil.
- ▪He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution.
- ▪But the experiment had a broader purpose: proving that electric instruments could be used to reveal and map underground structures from the surface.
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Story provenance
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Record
| Original publisher | Fortune |
| Canonical URL | https://fortune.com/2026/07/24/slb-oil-services-ai-data-centers-iran-war-straight-of-hormuz/ |
| Publication time | Fri, 24 Jul 2026 07:00:00 +0000 |
| Retrieval time | 2026-07-24T07:40:55.300Z |
| Last seen | 2026-07-24T07:40:55.300Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 3vfht-6Ev62K |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
In 1912, the French physicist Conrad Schlumberger could be found kneeling on the ground of his family’s estate in Normandy, strategically placing wired electrodes in the soil. He was performing conductivity tests to detect the buried ruins of a medieval abbey destroyed there during the French Revolution. But the experiment had a broader purpose: proving that electric instruments could be used to reveal and map underground structures from the surface. Schlumberger’s approach worked, and it turned out to be a remarkably effective tool for a more lucrative enterprise: finding oil.Recommended Video Conrad and his brother Marcel Schlumberger went on to create the first well logs—using electric cables for subsurface readings, producing outputs that resembled EKG heart monitor readings.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
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