Schlumberger 2011 Annual Report - page 50

Forward-looking Statements
This Form 10-K and other statements we make contain “forward-looking statements” within the meaning of the
federal securities laws, which include any statements that are not historical facts, such as our forecasts or expectations
regarding business outlook; growth for Schlumberger as a whole and for each of its segments (and for specified
products or geographic areas within each segment); oil and natural gas demand and production growth; oil and natural
gas prices; improvements in operating procedures and technology; capital expenditures by Schlumberger and the oil
and gas industry; the business strategies of Schlumberger’s customers; future global economic conditions; and future
results of operations. These statements are subject to risks and uncertainties, including, but not limited to, current
global economic conditions; changes in exploration and production spending by Schlumberger’s customers and
changes in the level of oil and natural gas exploration and development; general economic, political and business
conditions in key regions of the world; pricing erosion; weather and seasonal factors; the ability to respond to increased
activity levels; changes in government regulations and regulatory requirements, including those related to offshore oil
and gas exploration, radioactive sources, explosives, chemicals, hydraulic fracturing services and climate-related
initiatives; continuing operational delays or program reductions as a result of the lifted drilling moratorium in the Gulf
of Mexico; inability of technology to meet new challenges in exploration; and other risks and uncertainties detailed in
the Risk Factors section of this Form 10-K and other filings that we make with the Securities and Exchange
Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a
development changes), or should our underlying assumptions prove incorrect, actual outcomes may vary materially
from those reflected in our forward-looking statements. Schlumberger disclaims any intention or obligation to update
publicly or revise such statements, whether as a result of new information, future events or otherwise.
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