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SCL Schlumberger Ld

45.80
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Schlumberger Ld LSE:SCL London Ordinary Share AN8068571086 COM STK US$0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 45.80 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Schlumberger Ld. Report on Payments to Governments

29/06/2018 4:14pm

UK Regulatory


Schlumberger Ld (LSE:SCL)
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From Mar 2019 to Mar 2024

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TIDMSCL 
 
 

Reports on Payments to Governments for the year ended 31 December 2017.

 

Schlumberger Limited is providing the following disclosure pursuant to DTR 4.3A of the UK Financial Conduct Authority's Disclosure Rules and Transparency Rules, which requires disclosures of certain payments made by Schlumberger Limited and its consolidated subsidiaries (together, the "Company") to governments for the year ended December 31, 2017 relating to "extractive industries" as defined by, and required under, the Reports on Payments to Governments Regulations 2014 (SI 2014/3209) (as amended, the "UK Regulations"). The following schedules disclose the payments made by the Company in 2017 to governments in Bolivia, Georgia, Morocco, the United Kingdom and the United States in connection with Schlumberger's extractive activities under the UK Regulations, including its operation of sand and barite mines.

 

Payments are disclosed in US Dollars. Where a payment or a series of related payments is less than the equivalent of GBP86 000 (USD $116,269) such payments have been excluded (in line with the UK Regulations). Payments made in currencies other than United States Dollars are converted based on the foreign exchange rate at the relevant annual average rate.

 

Taxes exclude taxes levied on consumption such as value added taxes, personal income taxes or sales taxes.

 

Year ended December 31, 2017 (USD in thousands)

 
Bolivia 
Project Report 
                       Taxes  Royalties2  Licenses  Production    Bonuses  Infrastructure  Dividends  Total3 
                                          and Fees  Entitlements           Improvements 
Barolivia Mine         25.5   101.6       3.7       0             0        0               0          130.8 
(Barite) 
2017 Total             25.5   101.6       3.7       0             0        0               0          $130.8 
Government 
Report 
                       Taxes  Royalties2  Licenses  Production    Bonuses  Infrastructure  Dividends  Total3 
                                          and Fees  Entitlements           Improvements 
La                     25.5   0           0         0             0        0               0          25.5 
Autoridad 
Jurisdiccional 
AdministrativaMinera 
(AJAM) 
Servicio               0      101.6       0         0             0        0               0          101.6 
Nacional 
de 
Registro Y 
Controlde 
la 
Comercialización 
de Minerals 
yMetales 
(SENARECOM) 
 
Gobierno               0      0           3.7       0             0        0               0          3.7 
Autonomo 
Municipal 
de Oruro(GAMO) 
2017 Total             25.5   101.6       3.7       0             0        0               0          $130.8 
 
 
Georgia 
Project Report 
                                              Taxes     Royalties2     Licenses     Production       Bonuses     Infrastructure     Dividends     Total3 
                                                                       and Fees     Entitlements                 Improvements 
Rustaveli                                     243       0              72           727(a)           0           0                  0             1,042 
2017 Total                                    243       0              72           727              0           0                  0             $1,042 
Government Report 
                                              Taxes     Royalties2     Licenses     Production       Bonuses     Infrastructure     Dividends     Total3 
                                                                       and Fees     Entitlements                 Improvements 
Georgian Oil and                              0         0              45           727              0           0                  0             772 
Gas Corporation 
Ministry of Energy                                      0              27           0                0           0                  0             27 
Revenue Service of Georgia                    243       0              0            0                0           0                  0             243 
2017 Total                                    243       0              72           727              0           0                  0             $1,042 
(a) Represents payment in kind of 17,103 
barrels (bbls)  of crude oil. 
 
 
Morocco 
Project 
Report 
                  Taxes     Royalties2   Licenses   Production     Bonuses   Infrastructure   Dividends   Total3 
                                         and Fees   Entitlements             Improvements 
COMABAR           1,663.4   0            0          0              0         0                3,617.7     5,281.1 
(Barite) 
2017              1,663.4   0            0          0              0         0                3,617.7     $5,281.1 
Total 
Government 
Report 
                  Taxes     Royalties2   Licenses   Production     Bonuses   Infrastructure   Dividends   Total3 
                                         and Fees   Entitlements             Improvements 
General           1,663.4   0            0          0              0         0                0           1,663.4 
Tax 
Administration 
Office            0         0            0          0              0         0                3,617.7     3,617.7 
National 
des 
Hydrocarbures 
et des 
Mines 
(ONHYM) 
2017              1,663.4   0            0          0              0         0                3,617.7     $5,281.1 
Total 
 
 
United 
Kingdom 
Project 
Report 
                 Taxes   Royalties2   Licenses   Production     Bonuses   Infrastructure   Dividends   Total3 
                                      and Fees   Entitlements             Improvements 
Foss Mine        6.9     163.7        45.0       0              0         0                0           215.8 
(Barite) 
2017 Total       6.9     163.7        45.2       0              0         0                0           $215.8 
Government 
Report 
                 Taxes   Royalties2   Licenses   Production     Bonuses   Infrastructure   Dividends   Total3 
                                      and Fees   Entitlements             Improvements 
Forestry         0       163.7        0          0              0         0                0           163.7 
Commission 
of Scotland 
Scottish         0       0            7.4        0              0         0                0           7.4 
Environment 
Protection 
Agency (SEPA) 
Health and       0       0            7.4        0              0         0                0           7.4 
Safety 
Executive 
Mines 
Inspectorate 
HM Revenue       1.3     0            0          0              0         0                0           1.3 
and 
Customs 
Perth            5.7     0            30.4       0              0         0                0           36.1 
& Kinross 
Council 
2017 Total       6.9     163.7        45.2       0              0         0                0           $215.8 
 
 
United 
States 
Project 
Report 
                  Taxes     Royalties2   Licenses   Production      Bonuses   Infrastructure   Dividends   Total3 
                                         and        Entitlements2             Improvements 
                                         Fees 
Greybull          1329.1    209.9        15.6       139.6           0         0                0           1694.3 
Mine 
(Bentonite) 
Hixton            561.4     35.0         34.9       0               0         0                0           631.3 
Mine 
(Frac 
Sand) 
Greystone         401.4     0            21.7       0               0         0                0           423.1 
Mine 
(Barite) 
2017              2,291.9   244.9        72.2       139.6           0         0                0           $2,748.7 
Total 
Government 
Report 
                  Taxes     Royalties2   Licenses   Production      Bonuses   Infrastructure   Dividends   Total3 
                                         and Fees   Entitlements2             Improvements 
Jackson           0         0            25.4       0               0         0                0           25.4 
County 
Mine              0         0            1.6        0               0         0                0           1.6 
Safety 
and 
Health 
Administration 
Alma Town         12.5      0            0          0               0         0                0           12.5 
Curran            263.3     35.0         0          0               0         0                0           298.3 
Town 
Hixton            285.6     0            0          0               0         0                0           285.6 
Town 
State             0         0            7.9        0               0         0                0           7.9 
of 
Wisconsin 
Lander            88.3      0            0.3        0               0         0                0           88.6 
County 
State of          313.1     0            7.1        0               0         0                0           320.0 
Nevada 
Air               0         0            0.1        0               0         0                0           0.1 
Quality 
Division 
of 
Wyoming 
Big Horn          1058.9    0            8.7        0.5             0         0                0           1068.1 
County 
Bureau of         0         0            14.3       122.4           0         0                0           136.7 
Land 
Management 
Land              0         0            1.8        0               0         0                0           1.8 
Quality 
Division 
of 
Wyoming 
Office of         0         209.9        4.6        16.6            0         0                0           231.2 
State 
Lands and 
Investments 
of 
Wyoming 
Solid             0         0            0.2        0               0         0                0           0.2 
and 
Hazardous 
Wastes 
Department 
of 
Wyoming 
State of          270.2     0            0          0               0         0                0           270.2 
Wyoming 
United            0         0            0.1        0               0         0                0           0.1 
States 
Department 
of 
Agriculture 
Washakie          0         0            0          0.1             0         0                0           0.1 
County 
Water             0         0            0.2        0               0         0                0           0.2 
Quality 
Division 
of 
Wyoming 
2017              2,291.9   244.9        72.3       139.6           0         0                0           $2,748.6 
Total 
 
 

Notes:

 

1. Payments made in local currencies are translated at the average exchange rate for the year. Conversion of GBP to USD based on a rate of GBP1 = $1.35197.

 

2. Royalty payments and production entitlements are paid in cash, except where noted. The value of production entitlements made in kind are calculated with reference to market rates at the time of payment.

 

3. Totals do not add exactly due to rounding.

 

About Schlumberger

 

Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.

 

Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $30.44 billion in 2017. For more information, visit www.slb.com.

 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20180629005470/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

June 29, 2018 11:14 ET (15:14 GMT)

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