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Re: DewDiligence post# 20540

Saturday, 01/18/2020 8:43:19 PM

Saturday, January 18, 2020 8:43:19 PM

Post# of 29398
SLB has some tendencies that were born from Lenin and Mao’s little red book. Every couple of years they have a new 5 yr plan and a new batch of slogans. Always stupid slogans that everyone makes fun of except in the HQ buildings and managers’ offices. Sometimes they recycle the slogans. Frack Fleet of the Future is one that has cropped up a couple of times in 1 x ~10 yr span. Putting sand thru a mechanical pump is never good for pump longevity. So SLB bot a company w/ a clever idea to circumvent such problems. I’d bet that company is part of the $10-14B that they wrote off in 2019. They bought some other clever ideas but they always run them into the ground cuz: 1. there r always Neanderthals at the bottom that like doing things the way they’ve always been done and 2. Neanderthals at the top think AI is some kind of fairy dust that can circumvent the Neanderthals at the bottom

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