Agreement to scale the adoption of automated and autonomous drilling solutions

HOUSTON, June 23, 2025 — Global energy technology company SLB (NYSE: SLB) today announced a strategic collaboration agreement with Cactus Drilling, the largest privately held land drilling contractor in the U.S., to expand the adoption of automated and autonomous drilling solutions. The collaboration aims to deliver optimized performance through enhanced operational efficiency and consistency in execution by scaling advanced digital solutions.

Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency, increase equipment utilization and provide real-time data insights for better execution.

The agreement will also enable deployment of DrillOps™, SLB’s AI-powered drilling automation and advisory solution, along with Neuro™, which supports self-learning, autonomous directional drilling and geosteering capabilities.

"This collaboration signifies a new chapter in the adoption of SLB's digital drilling solutions, offering a pathway for scaling intelligent solutions to improve drilling performance and safety," said Cecilia Prieto, president, Well Construction, SLB. "This agreement with Cactus is an important step in shaping the future of well construction and aligning performance goals between SLB, drilling contractors and operators."

“The expanded partnership with SLB allows us to offer our customers the benefits of leading-edge automation and control technology and leaves us well-positioned to deliver even greater value by strengthening the safety, precision and consistency of our drilling operations,” said Josh Simons, president and CEO of Cactus Drilling.

Precise, DrillSync, DrillOps and Neuro are part of SLB’s comprehensive portfolio of digital drilling technologies and services.

For more information, visit slb.com/DrillSync.

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.

Investors

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

Media

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

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