Schlumberger, Cisco Systems and Intel Team to Develop a New First Mile Wireless Service

New Solution to Further Enable Digital Oilfield Operations

PARIS, September 12, 2006 - Schlumberger, Cisco Systems and Intel today announced a collaboration to develop a first mile wireless service for oilfield operations. The “first mile” in the oilfield refers to the critical connectivity of drilling sites or producing fields into a wider network.

The service will help operators and their partners better manage drilling and production operations through an innovative wireless fabric of sensors, distributed computing networks and service- oriented applications. This wireless solution for the digital oilfield will remove traditional barriers for instrumentation and improve communication services with access to voice, video, data and SCADA.

“We will deliver a collaborative work environment in which geoscientists, petroleum engineers, rig and platform personnel, and other technical and business analysts can access and exploit multiple data sources to improve both tactical and strategic operational decisions,” said Demetrios Stellas, vice president, Infrastructure Services, Schlumberger Information Solutions (SIS).

The new interactive environment from Schlumberger will enable operators to improve the productivity of field operations through remote operations support; improve production through real-time surveillance and control; and optimize planning through rapid model updates using enhanced collaboration between development, drilling and production teams.

At the core of the offering is the unwiring of the first mile through the deployment of a localized wireless service encompassing integrated hardware, software and services for green and brown field assets. Unwiring the first mile will enable energy companies to take advantage of high-bandwidth, global sensor networks connecting people, processes, information and events in fields that would be impossible or cost prohibitive to link via wired connectivity.

Underlying this end-to-end operational framework is a robust, resilient Cisco infrastructure that includes strong identity management, physical and network security, and proactive management that that is designed to provide high availability continuously.

“This service improves sense and respond capabilities and can reduce unplanned downtime, optimize production, and deliver new communication services to the very edge of the organization,” says Mark Miller, director of enterprise operations, Cisco Systems. “In the digital oilfield, IT has left the building. Wireless Cisco technology in the oilfield enabled by a Service-Oriented-Network Architecture allows energy companies to extend the office environment, including network security, to the well head and manage assets that are at the first mile of exploration and production in the right time.”

The Cisco Service-Oriented-Network Architecture (SONA) products included in the Schlumberger wireless services are powered by Intel’s latest technologies. These services will feed data from the new wireless sensors into advanced analysis features of desktop, server and mobile platforms powered by Intel® CoreTM 2 Duo processors.

“This first mile wireless solution covers the site to integrate data capture, store, process and visualize information. This solution should reduce time between detection and action; enabling faster decision making, which results in improved operations,” said John Davies, vice president, Intel Customer Solutions Group. “We are pleased to continue our strategic relationship with Schlumberger to optimize the digital oilfield.”

The Schlumberger vision for the digital oilfield includes a global managed network covering the entire oilfield operation, from the first mile to the last mile, connecting field operations with petrotechnical professionals in the mobile office environment. Schlumberger recently announced an alliance with BT to provide rich collaboration through converged communications and IT services, supporting interactive drilling and production operations. This first mile wireless service provides the critical first link in the digital communication chain for operations not served through wired connectivity.

For additional information, go to firstmilewireless@slb.com or firstmilewirelessinfo@cisco.com

About the Organizations

Schlumberger is the world’s leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. The company employs more than 64,000 people of over 140 nationalities working in more than 80 countries. Schlumberger supplies a wide range of products and services from seismic acquisition and processing; formation evaluation; well testing and directional drilling to well cementing and stimulation; artificial lift and well completions; and consulting, software and information management. In 2005, Schlumberger operating revenue was $14.31 billion. For more information, visit www.slb.com.

About Cisco Systems

Cisco Systems, Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet. Information on Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.

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