From Peak Well Systems to SLB: Key Milestones
Peak Well Systems
Flow control and well intervention technologies continue through SLB
Overview
Peak Well Systems was a specialist designer and manufacturer of downhole tools for the well intervention and completions markets. SLB acquired the company in January 2017, continuing its flow control and well intervention technologies through the SLB slickline mechanical intervention portfolio. These include the SIM™ sealing integrity management system, Hi-Ex™ high-expansion through-tubing tools, and Peak Family™ flow control and well intervention tools.
About Peak Well Systems
Peak Well Systems was established in 2002. It became a market-leading designer and manufacturer of downhole tools for the well intervention and completions markets. Its flow control technologies were known industrywide for their simplicity, performance, reliability, and ease of retrieval.
Peak Well Systems portfolio spanned isolation systems and intervention tools. Its intervention portfolio included advanced slickline and wireline tools for well servicing and wellbore cleanup. It also included debris-removal tools, high-deviation deployment accessories, and heavy-duty fishing equipment. The flow control portfolio included permanent and retrievable bridge plugs, isolation systems, flow control devices, injection valves, safety valves, and gauge hanger plugs.
SLB acquired Peak Well Systems in January 2017. Peak Well Systems mechanical and remedial solutions strengthened the SLB portfolio, expanding the SLB well intervention and flow control offering. These technologies are deployed on electric line, mechanical and digital slickline, coiled tubing, and drillpipe.
2002
Peak Well Systems was established and began developing downhole tools for the well intervention and completions markets.
2002–2017
Peak Well Systems grows into a market-leading provider of flow control and intervention tools, building product equity recognized industry-wide for simplicity, performance, and reliability.
2017
SLB acquires Peak Well Systems in January, strengthening the SLB portfolio with mechanical and remedial well intervention solutions.
Today
Peak Well Systems technologies are integrated into the SLB slickline mechanical intervention portfolio, with signature product lines continuing as distinct SLB marks.
What changed in 2017 and what SLB retained
In 2017, Peak Well Systems became part of SLB and ceased operating as an independent company. Its intervention tools, flow control technologies, and manufacturing capabilities were integrated into the SLB slickline mechanical intervention portfolio. Several product lines continue as distinct SLB marks.
| Peak Well Systems capability before acquisition | Integrated into SLB — available today |
| Permanent and retrievable bridge plugs | SIMultra™, SIMextra™, SIMplus™, and SIMstandard™ retrievable bridge plugs; SIM™ permanent plug; Hi-Ex™ retrievable bridge plug and Hi-Ex™ permanent bridge plug continue through SLB. |
| Straddle systems | The SIM sealing integrity management system — including the SIM running tool, SIM straddle system, SIM gas lift straddle, and SIM sand screen straddle — continues through SLB. |
| High-expansion through-tubing tools, gauge hangers, and cement platforms | Hi-Ex high-expansion through-tubing tools — including the Hi-Ex gauge hanger, Hi-Ex cement platform, and the Hi-Ex permanent bridge plug — continue through SLB. |
| Wellbore cleanup and debris removal tools | The Torque-Action Debris Breaker™ wellbore cleanup and debris removal tool continues through SLB. |
| Downhole slickline and wireline tools, high-deviation deployment accessories, heavy-duty fishing equipment, and remaining flow control devices, injection valves and safety valves | These technologies continue under the Peak Family tools mark. The eCutter™ electronically activated nonexplosive wireline cutter continues through SLB. |
Find Peak Well Systems tools at SLB
If you are looking for a specific capability previously provided under the Peak Well Systems name, the list below shows the current SLB product pages.
Slickline Mechanical Intervention
Advanced downhole technology
Flow Control Slickline Solutions
Dependable, proven well barrier and isolation solutions
Wellbore Cleanup and Debris Removal
Mechanical removal of hard scale, cement, and asphaltene deposits
Fishing Systems
Solutions to meet any fishing challenge and to suit any well environment
Gauge hangers
Improved instrument positioning in challenging downhole environments
Related SLB business lines and solutions
Slickline Well Intervention
Enhance well performance with precise, reliable slickline solutions
Well Intervention
Improve your production performance and access to stranded or additional hydrocarbon reserves.
Plug and Abandonment
Protect the profitability of your production operations and retire wells with peace of mind.
Frequently asked questions about Peak Well Systems
Is Peak Well Systems still operating?
Peak Well Systems no longer operates as an independent company. SLB acquired Peak Well Systems in January 2017. Its intervention and flow control technologies now continue through SLB.
What happened to Peak Well Systems?
Peak Well Systems was established in 2002 and grew into a market-leading designer and manufacturer of downhole tools for well intervention and completions. After the 2017 acquisition, its technologies and manufacturing capabilities were integrated into the SLB slickline mechanical intervention portfolio.
Are Peak Well Systems products still available?
Yes. Peak Well Systems' signature product lines continue under their own marks in the SLB portfolio, including the SIM sealing integrity management system, Hi-Ex high-expansion through-tubing tools, and the Torque-Action Debris Breaker tool. Other legacy Peak Well Systems products are available under the Peak Family flow control and well intervention tools mark.
What happened to the SIM and Hi-Ex product names?
The SIM and Hi-Ex names continue as active SLB marks. SIM now identifies the sealing integrity management system, including the SIM running tool, straddle system, gas lift straddle, permanent plug, and sand screen straddle. Hi-Ex now identifies the high-expansion through-tubing tool line, including the Hi-Ex gauge hanger, cement platform, permanent bridge plug, and retrievable bridge plug.
Where can I find current Peak Well Systems products and support?
The product links above identify the current SLB page for each Peak Well Systems capability. Customers seeking product availability, regional support, or service information should contact SLB directly.
Peak Well Systems intervention tools
Peak Well Systems flow control and well intervention tools are now available through SLB. Whether you need retrievable bridge plugs, fishing tools, or high-expansion through-tubing tools, the SLB well intervention team can help.
Explore slickline mechanical intervention