SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 06, 2010 08:38 ET

Professional Research on Seadrill Limited and Schlumberger Limited - Demand for Oil & Gas Equipment on the Rise

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 6, 2010) - allows shareholders to gain full understanding of the economic and market forces influencing the oil & gas equipment & services industry, and offers free research on industry players Seadrill Limited (NYSE: SDRL) and Schlumberger Limited (NYSE: SLB). Register today at to receive free research reports on these companies.

Companies in the Oil and Gas Equipment industry have been performing well recently, as steady oil prices alongside demand for the latest equipment have produced strong quarterly sales. Seadrill Limited and Schlumberger Limited are two companies in this industry amongst others that have posted profits for Q3 2010. While the Deep water Horizon debacle put a damper on deep water drilling, companies have remained positive about the viability and equitability of deep water drilling. Those who specialize in deepwater equipment have seen increased sales, as oil companies still feel deep water drilling is worth their while. Shareholders and investors can sign up today at or to download the full reports on Seadrill Limited and Schlumberger Limited. is a specialized website where investors can have complete access to free reports on oil & gas equipment & services industry; traders looking for analyst opinions on Seadrill Limited, Schlumberger Limited and other players in the industry are welcomed to sign up for a free one year membership at

Sales for land based equipment is also on the rise. As the locations for the extraction of oil and natural gas become increasingly challenging, the equipment required to remove it becomes more specialized. This is increasing demand for new and customized equipment, and is translating into profits for the manufacturers. Visit us at to understand the catalysts and forces driving or affecting oil & gas equipment & services stocks.

Some companies with recent success like Seadrill Limited have been taking the opportunity to expand their market share, by acquiring smaller companies, and opening new divisions in emerging markets.

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