SLB Completes Acquisition of Gyrodata Incorporated
03 Februar 2023 - 10:05PM
Business Wire
Complementary technologies to improve wellbore quality,
reduce drilling risk
Regulatory News:
SLB (NYSE: SLB) today announced it has completed the acquisition
of Gyrodata Incorporated, a global company specializing in
gyroscopic wellbore positioning and survey technology. The
transaction will incorporate Gyrodata’s wellbore placement and
surveying technologies within SLB’s Well Construction business,
bringing customers innovative drilling solutions.
This combination will improve wellbore quality and reduce
drilling risk to unlock even the most remote and complex
reservoirs. Integrating three-axis solid state gyro measurements
with the latest SLB technological innovations will help ensure
tighter trajectory control, reduce data acquisition time and
improve the decision-making process—resulting in greater overall
drilling efficiency.
“I’m excited for this historic moment that will bring innovative
solutions to the SLB Well Construction division and our industry,”
said Jesus Lamas, president, Well Construction, SLB. “The
technology-driven acquisition of Gyrodata is aligned with SLB’s
strategy to elevate operational performance and improve efficiency
for our customers. Combined with our Neuro autonomous solutions,
the Gyrodata acquisition will transform drilling technology
designs, leveraging downhole and surface automation to drive well
construction performance and operations efficiency to new
levels.”
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.
About Gyrodata
Gyrodata is one of the world’s leading service providers to the
global energy industry with unparalleled expertise in gyroscopic
surveying, wellbore placement, and wellbore characterization
technologies. Gyrodata’s unique products and services enable its
clients to maximize hydrocarbon recovery and optimize an asset’s
lifecycle cost. For more information, visit www.gyrodata.com.
Cautionary Statement Regarding Forward-Looking
Statements: This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Any statements regarding the parties’ future
expectations, beliefs, plans, objectives, financial conditions,
assumptions or future events or performance are forward-looking
statements within the meaning of the federal securities laws. These
statements are subject to, among other things, the ability to
realize expected benefits from the transaction, and other risk
factors contained in SLB’s most recent Forms 10-K and other filings
with the SEC available at the SEC’s Internet site (). Actual
results may differ materially from those expected, estimated or
projected. Forward-looking statements speak only as of the date
they are made, and the parties undertake no obligation to publicly
update or revise any of them in light of new information, future
events or otherwise.
Slb.com/newsroom
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version on businesswire.com: https://www.businesswire.com/news/home/20230202005921/en/
Media Moira Duff—Director of External Communication Tel:
+1 (713) 375-3407 Email: media@slb.com
Investors Ndubuisi Maduemezia—Vice President of Investor
Relations Joy V. Domingo—Director of Investor Relations Tel: +1
(713) 375-3535 Email: investor-relations@slb.com
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