SLB Acquires Stimline Digital, a Leading Well Intervention Software Company | SLB

SLB Acquires Stimline Digital, a Leading Well Intervention Software Company

Published: 08/01/2025

Rendering of software connecting oil and gas

PARIS, August 01, 2025 — Global energy technology company SLB (NYSE: SLB) has acquired Stimline Digital AS, a leading cloud-based software company for the energy sector specializing in well intervention.

Stimline Digital’s IDEX™ platform provides operators with a powerful visualization canvas and collaborative environment to optimize the planning and execution of well intervention operations. Powered by AI, the application enables operators to efficiently standardize digital workflows through all phases of interventions, from planning through to real-time execution and post-job analysis.

As part of SLB, the IDEX platform will be integrated with SLB's data environment and advanced intervention applications for planning and modeling. This will provide operators with the ability to create intelligent, data-driven workflows — enabling greater consistency, efficiency and performance for well interventions. Users of the IDEX platform will have flexibility to select the vendor of their choice to perform the intervention.

“With 80% of global production expected to come from mature fields by 2030, innovative digital technologies are needed to improve the success rate and economics of interventions,” said Frederik Majkut, president, Reservoir Performance, SLB. “Through this acquisition, we aim to scale adoption of the IDEX platform as an agnostic ecosystem to help the industry standardize cumbersome planning and execution processes. We will also integrate it with our technology stack and domain expertise to provide our customers with well intervention performance assurance.“

In addition to its well intervention capabilities, the IDEX platform will provide robust procedural adherence solutions for drilling, completions and plug and abandonment. It will enable teams to collaborate on and review, approve and publish digital well operations procedures with full traceability and control. The platform will also support the real-time execution tracking of these procedures, enabling consistent operational performance and improved compliance.

At transaction closing, SLB owns 100% of the share capital of Stimline Digital AS with all its business operations and rights to the IDEX platform and other intellectual property.

About SLB

SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

Media

Josh Byerly – SVP of Communications
Moira Duff – Director of External Communications
SLB
Tel: +1 (713) 375-3407
Email: media@slb.com

Investors

James R. McDonald – SVP of Investor Relations & Industry Affairs
Joy V. Domingo – Director of Investor Relations
SLB
Tel: +1 (713) 375-3535
Email: investor-relations@slb.com

 

Cautionary Statement Regarding Forward-Looking Statements:
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships, including the benefits of the Stimline Digital acquisition and the IDEX platform, including the ability of SLB to integrate the business successfully and to achieve anticipated synergies and value creation from the acquisition; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.