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Schoeller-Bleckmann Oilfield Equipment AG manufactures and designs drilling equipment for the oil and gas service industry. It operates through two segments: Advanced Manufacturing & Services and Oilfield Equipment. The Advanced Manufacturing & Services segment comprises the machining and repair of drill collars and complex measurement while drilling and logging while drilling components made of non-magnetic corrosion-resistant stainless steel which form the housing for sensitive measuring instruments used for the precise measurement of inclination and azimuth of the drillstring, as well as petrophysical parameters. The Oilfield Equipment segment comprises solutions for the oil and gas industry and the production of high-performance drilling motors and tools for directional drillstring drives, in addition to circulation tools and products for the efficient and resource conscious completion of unconventional reservoirs in the two dominating technologies of sliding sleeves and plug and perf. The company's roots can be traced back to 1862 and is headquartered in Ternitz, Austria.