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Goldman: Schlumberger best bet for 'New Oil Order'

An oil rigger at a Schlumberger field prepares pipes in Midland, Texas.
Kirk McKoy | Los Angeles Times | Getty Images
An oil rigger at a Schlumberger field prepares pipes in Midland, Texas.

Goldman Sachs added Schlumberger to the firm's conviction buy list, predicting a 25 percent gain in the next 12 months as the oil equipment maker steals market share.

Since reaching a 52-week low in mid-January, shares of ticker "SLB" are already up nearly 26 percent on the back of a surge in oil prices.

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