Personally I think that SLB will try to get out of the pressure pumping business. The old Dowell/DS brand was never fully accepted as being worthy by the old guard. Wireline staff hated the pumping staff. Pumping was kept around because it provided such a large revenue base but even before the downturn hit, pumping was barely profitable. I expect the JV to slowly move out of the SLB camp when revenue from other sources can replace the pumping revenue. Let's face it, most of the smartest people from the pumping segment are either gone or have been marginalized, where in the past those people would have been protected.
Well put, @OwwvdNp-3ojh. Considering how it was handled so far, it seems like the goal was to withdraw. It would not be a big loss, either, for all the reasons already listed.