Expanding value through trusted upstream software

For many of our customers, the S&P Global upstream software portfolio already plays a critical role in subsurface and engineering decisions. By bringing these solutions into SLB we are building on that foundation, with a focus on continuity of operations, ongoing innovation, and the potential to expand the long-term customer value.

This acquisition focuses on upstream geoscience and engineering software, including Kingdom™, Petra™, Harmony Enterprise™, PowerTools™, WellTest™, SubPump™, Piper™, FieldDIRECT™, and Analytics Explorer™. Together, these tools support interpretation, engineering, and decision‑making workflows that customers rely on every day, particularly in fast‑moving unconventional environments, and will be a key part of our continued commitment to best-in-class subsurface and upstream decision support solutions, built on trusted data, proven workflows, and long-term investment. This acquisition also underlines our broader commitment to the unconventional market, in North America and worldwide, where speed, capital efficiency, and disciplined decision-making define success.
 

Continuity and stability for existing customers

We are thrilled to add S&P’s offerings to our menu of options. Customers rely on these solutions to plan, interpret, and make decisions at scale. That reliance matters, which is why continuity, stability and ongoing support are core to how we are approaching this transition. The S&P Global Energy upstream software portfolio has earned its position as an industry leader, particularly in unconventional reservoirs, with products such as Kingdom recognized for its 2D seismic interpretation workflows. We will continue to fully support these trusted solutions while incorporating planned improvements and enhancements over time that leverage our scale, proven product development and reservoir expertise, innovation, and long-term technology roadmap.

Post-close, our focus is on delivering tangible benefits for customers, including:

• Improved product support with access to local domain experts.
• Enhancements of established workflows and methodologies.
• Progressive connection of SLB digital and AI technologies.
• Continued access to high-quality upstream S&P data connectivity.
   

Deeper integration with subsurface and beyond

Our focus is on creating connected workflows that make a practical difference to how teams work, particularly in unconventional reservoirs where speed, collaboration, and consistency matter. Preserving the impact and value that solutions like Kingdom, Petra and Harmony have brought to the industry, while providing closer connection with SLB digital technologies across subsurface, drilling, production and AI, creating a stronger linkage between subsurface insight, operational execution, and economic outcomes.

This will create a step change for customers through:

• Better connection between subsurface, data, drilling and production teams.
• User experience enhancement through integration with SLB digital technologies and AI.
• Faster cycle times, driven by better‑informed decisions across the asset life cycle.

This means fewer silos and greater confidence that strategic decisions are grounded in both technical subsurface reality, operational execution, and robust economic analysis.

This is aligned with SLB’s long-standing commitment to data portability and interoperability through sustained investment in the OSDU® Technical Standard and open standards. It reduces data silos within SLB’s own portfolio, while facilitating integration with third-party software, and allowing users to operate across a range of applications. This builds on existing data architectures designed to maintain flexibility, protect data ownership, and enable more consistent use of digital workflows.
 

Accelerated innovation through SLB digital platforms

Upstream teams are under constant pressure to accelerate innovation and improve performance for customers operating in data-intensive environments. Connecting the S&P portfolio with SLB digital platforms provides a practical way to enhance existing workflows, without interrupting day-to-day operations.

The approach is designed to meet both current operational demands while supporting the gradual adoption of digital and AI capabilities, at scale. These new capabilities will be particularly beneficial to high-volume, fast-paced unconventional workflows. By building on shared platforms rather than standalone development, customers can access new capabilities that are difficult to develop independently, while preserving the fit-for-purpose value and competitive pricing of tools they already rely on.
 

A step change in unconventional reservoirs

In the unconventional business, decisions are made fast and often repeated at scale. The challenge has always been bridging:

• Subsurface understanding (rock quality, landing zones, interference).
• Operational execution (pad development, drilling cadence).
• Economic outcomes (returns, inventory life, capital efficiency).

Our experience in unconventional reservoirs has shown that impact comes from reducing friction between subsurface insight, operational decisions, and economics. By bringing S&P upstream software into SLB, we are breaking down barriers between subsurface, data, drilling and economic decision tools, creating tighter integration that builds on and complements our existing solutions.
 

A trusted partner across the value chain

Supporting upstream teams optimally means being able to work end-to-end, from subsurface interpretation and modeling, through development planning, drilling and production.

For users, that means a more coherent roadmap aligned to upstream challenges, consistent standards for data, governance, and security, and one partner accountable for outcomes across disciplines.
 

Long‑term commitment to customer success

Finally, this acquisition reflects a long-term investment mindset. SLB is committed to sustained R&D, domain expertise, and close collaboration with customers. By combining complementary SLB and S&P Global Energy upstream software expertise, we are building the next generation digital experience for unconventional resources built around real operational needs, practical, reliable to deliver real value in fast-cycle, capital-disciplined operations. This approach is about preserving what works today, while giving customers a clear and practical path to scale digital capabilities over time, handling growing data volumes, and improving performance as assets mature.
 

Looking ahead

Taken together, this acquisition is focused on what customers value most:

• Stability in trusted tools.
• Integration across subsurface, drilling and production.
• Acceleration of innovation and digital capability.
• Confidence in a long‑term, industry‑focused partner.

Our objective is simple: to help customers make better decisions, faster, with greater confidence, now and in the future.