Schlumberger Limited's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Schlumberger Limited (SLB)

Q1 2012 Earnings Call

April 20, 2012 9:00 am ET

Executives

Malcolm Theobald - Vice President of Investor Relations

Simon Ayat - Chief Financial Officer and Executive Vice President

Paal Kibsgaard - Chief Executive Officer and Director

Analysts

James C. West - Barclays Capital, Research Division

John David Anderson - JP Morgan Chase & Co, Research Division

Kurt Hallead - RBC Capital Markets, LLC, Research Division

Scott Gruber - Sanford C. Bernstein & Co., LLC., Research Division

William Sanchez - Howard Weil Incorporated, Research Division

William A. Herbert - Simmons & Company International, Research Division

Michael K. LaMotte - Guggenheim Securities, LLC, Research Division

James D. Crandell - Dahlman Rose & Company, LLC, Research Division

Douglas L. Becker - BofA Merrill Lynch, Research Division

Michael W. Urban - Deutsche Bank AG, Research Division

Angeline M. Sedita - UBS Investment Bank, Research Division

Robin E. Shoemaker - Citigroup Inc, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Schlumberger Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. I would now like to turn the conference over to your host, Mr. Malcolm Theobald, Vice President of Investor Relations. Please go ahead, sir.

Malcolm Theobald

Thank you, Keeley. Good morning, and welcome to the Schlumberger Limited First Quarter 2012 Results Conference Call. Joining us on the call from Paris today are Paal Kibsgaard, Chief Executive Officer; and Simon Ayat, Chief Financial Officer. Our prepared comments will be provided by Simon and Paal. Simon will first review the financial results, and Paal will discuss the operational and technical highlights.

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