Schoeller Bleckmann Oilfield Equipment AG is an Austria-based company engaged in the industrial manufacturing of components and parts for the oil and gas industry. The Company's activities are structured into two divisions: the High-precision components division, which covers applications in the Measurement While Drilling/Logging While Drilling (MWD/LWD) technology sector, collars and internals made of alloyed steel and other non-magnetic metals are required, and the Oilfield supplies and services division, which comprises a range of products, including Non-Magnetic Drill Collars (NMDC), steel bars, which are used to prevent magnetic interference during MWD Operations; Drilling motors, which drive the bit for directional drilling operations; Circulation tools steer the flow direction of drilling muds in the drill string, and various other tools for the oilfield. The Company's manufacturing facilities are located in the United States, Austria and the United Kingdom, among others.

Sales Analysis. During the year ended December of 2019, sales at Schoeller-Bleckmann Oilfield Equip. AG were 445.00 million Euro (US$491.17 million). This is an increase of 5.9% versus 2018, when the company's sales were 420.21 million Euro. This was the third consecutive year of growth at Schoeller-Bleckmann Oilfield Equip. AG. The sales level in 2019 was fairly close to the level five years ago: in 2014, Schoeller-Bleckmann Oilfield Equip. AG had sales of 488.61 million Euro.