Drilling & production - 30 October 2020

Total reported net income of US$202 million, down 93% from a year earlier, but rebounding from a loss in 2Q20.

ExxonMobil has announced an estimated 3Q20 loss of US$680 million.

Chevron has reported adjusted earnings of US$201 million in 3Q20.

Smith Bits, a Schlumberger company, has introduced the StrataBlade* concave diamond element bit.