BW0326  SEP 12,2000       7:29 PACIFIC      10:29 EASTERN



( BW)(TX-GEOQUEST)(SLB) GeoQuest Introduces DecisionPoint -- A New
E-Solution to Transform Upstream Petroleum Decision-Making; Connecting
E&P Professionals With a Personalized Desktop Workspace


    Business/Energy Editors & High-Tech Writers

    HOUSTON--(BUSINESS WIRE)--Sept. 12, 2000--GeoQuest, an operating unit of
Schlumberger Oilfield Services, today introduces the DecisionPoint(a) information management
solution. DecisionPoint connects people and knowledge to dramatically improve decision-making 
at every key point throughout the exploration and production (E&P) workflow.

    By combining services, software and domain expertise with enterprise information portal
technology, the new DecisionPoint solution enables faster, more successful decision throughput 
at all operational levels.

    "With DecisionPoint, all end users, including E&P managers and executives, have better 
command of the critical information that is important to individual, team and corporate 
success," said Thierry Pilenko, president of GeoQuest. "DecisionPoint transforms the workspace, 
providing access to knowledge that supports improved decision-making. This information solution 
addresses the requirements of majors, independents and national oil companies."

    The DecisionPoint service gives E&P professionals personalized access to validated 
information and analysis on their desktops and helps them collaborate with peers and managers 
throughout the company or throughout the world in the same digital space, anytime and anywhere. 
From geology and geophysics to finance and risk analysis, DecisionPoint offers direct access 
to information located in data sources such as project databases, document stores, public and 
private information sources, data warehouses and enterprise resource planning (ERP) systems.

    Information resources made available through DecisionPoint include structured data such 
as well data and seismic surveys (both public and proprietary); production; up-to-date 
financial performance indicators; and also unstructured data like reports and e-mail.

    The new GeoQuest service solution transforms business by bringing together the concepts 
of data management, access to data analysis tools, document classification, group collaboration, 
business intelligence, executive information and the company Intranet. With DecisionPoint, 
a user can participate in online community collaboration, obtain and analyze organized internal 
content sources, access available public industry information and manage corporate knowledge.

    DecisionPoint also makes industry portals and Internet Web sites, such as IndigoPool.com,
available alongside of a company's internal information. The portal technology in the 
DecisionPoint solution offers ease-of-use, extensive personalization and the aggregation of 
the right content sources for decision-makers.

    Building upon GeoQuest's industry leadership position in business-to-business e-services
established by PowerHouse(a) center-based E&P data management; IndigoPool.com online portal
for buyers, sellers and traders of E&P assets and data; and LiveQuest(a) application service 
provider (ASP) solutions, DecisionPoint is another e-solution from GeoQuest, the world leader 
in E&P information systems. With more than 70 years of experience in the secure stewardship 
of client data, Schlumberger and GeoQuest routinely manage and deliver knowledge, data and 
information in more than 100 countries worldwide.

    About the Organization

    GeoQuest, an operating unit of Schlumberger Oilfield Services, is the E&P industry leader 
for the supply of integrated software systems and data management solutions to assist petroleum 
companies in optimizing the value of their oil and gas reservoirs. Schlumberger Oilfield 
Services, a business segment of Schlumberger Limited (NYSE:SLB), is the leading supplier of 
services and technology to the international petroleum industry, with operating offices, 
service locations, and research and development facilities around the world. Schlumberger 
is a global leader in technical services spanning the oil and gas, utility, semiconductor, 
smart cards, network and Internet solutions industries. Schlumberger revenue was $8.4 billion 
in 1999. Schlumberger is on the Internet at http://www.slb.com.

    (a) Mark of Schlumberger

    --30--MJB/ho*

    CONTACT: GeoQuest, Houston
             Susan Ganz, 713/513-2480
             sganz@houston.geoquest.slb.com

    KEYWORD: TEXAS
    INDUSTRY KEYWORD: ENERGY INTERNET OIL/GAS SOFTWARE PRODUCT