Close the contribution of the OneStim business to Liberty
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Sep 2020
- Due
- 31 Dec 2020
- Delivered
- 31 Dec 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the fourth quarter of 2020 and is subject to Liberty stockholder approval, regulatory approvals and other customary closing conditions.”
What we found
Evidence strength A What the grades mean
Multiple later filings state that Schlumberger contributed OneStim to Liberty on December 31, 2020, in exchange for a 37% equity interest, within the stated deadline.
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A Schlumberger 8-K filed 2021-01-22
“On December 31, 2020, Schlumberger closed the contribution to Liberty Oilfield Services Inc. (Liberty) of OneStim®, Schlumberger’s onshore hydraulic fracturing business” ✓ confirmed on the page
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A Schlumberger 10-K filed 2021-01-27
“On December 31, 2020, Schlumberger contributed its onshore hydraulic fracturing business in the United States and Canada (“OneStim”), including its pressure pumping, pumpdown perforating and Permian frac sand business to Liberty Oilfield Services Inc. (“Liberty”) in exchange for a 37% equity interes” ✓ confirmed on the page
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A Schlumberger 10-K filed 2022-01-26
“On December 31, 2020, Schlumberger contributed its onshore hydraulic fracturing business in the United States and Canada (“OneStim®”), including its pressure pumping, pumpdown perforating, and Permian frac sand businesses, to Liberty Oilfield Services Inc. (“Liberty”), in exchange for a 37% equity i” ✓ confirmed on the page
Market reaction: the shares moved -5.9% against the S&P 500 over the three sessions around the disclosure (21 Jan 2021 to 26 Jan 2021). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Close
- Deliverable
- OneStim business contribution
- Where
- United States and Canada
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to Liberty stockholder approval; regulatory approvals; customary closing conditions
- Depends on
- Regulatory, Shareholder, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-SLB-010270 · Corrections policy