{"id":728684,"date":"2023-02-03T16:10:08","date_gmt":"2023-02-03T21:10:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/slb-completes-acquisition-of-gyrodata-incorporated\/"},"modified":"2023-02-03T16:10:08","modified_gmt":"2023-02-03T21:10:08","slug":"slb-completes-acquisition-of-gyrodata-incorporated","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/slb-completes-acquisition-of-gyrodata-incorporated\/","title":{"rendered":"SLB Completes Acquisition of Gyrodata Incorporated"},"content":{"rendered":"

<\/p>\n

SLB Completes Acquisition of Gyrodata Incorporated<\/b><\/p>\n

Complementary technologies to improve wellbore quality, reduce drilling risk<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nSLB (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\u2019s wellbore placement and surveying technologies within SLB\u2019s Well Construction business, bringing customers innovative drilling solutions.\n<\/p>\n

\nThis 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\u2014resulting in greater overall drilling efficiency.\n<\/p>\n

\n\u201cI\u2019m excited for this historic moment that will bring innovative solutions to the SLB Well Construction division and our industry,\u201d said Jesus Lamas, president, Well Construction, SLB. \u201cThe technology-driven acquisition of Gyrodata is aligned with SLB\u2019s 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.\u201d\n<\/p>\n

About SLB<\/b><\/p>\n

\nSLB (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<\/a>.\n<\/p>\n

About Gyrodata<\/b><\/p>\n

\nGyrodata is one of the world\u2019s leading service providers to the global energy industry with unparalleled expertise in gyroscopic surveying, wellbore placement, and wellbore characterization technologies. Gyrodata\u2019s unique products and services enable its clients to maximize hydrocarbon recovery and optimize an asset\u2019s lifecycle cost. For more information, visit www.gyrodata.com<\/a>.\n<\/p>\n

Cautionary Statement Regarding Forward-Looking Statements<\/b>: This press release contains \u201cforward-looking statements\u201d 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\u2019 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\u2019s most recent Forms 10-K and other filings with the SEC available at the SEC\u2019s 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.\n<\/p>\n

Slb.com\/newsroom<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230202005911\/en\/<\/a><\/span><\/p>\n

Media
\n<\/b>
Moira Duff\u2014Director of External Communication
\n
Tel: +1 (713) 375-3407
\n
Email: media@slb.com<\/a><\/p>\n

Investors
\n<\/b>
Ndubuisi Maduemezia\u2014Vice President of Investor Relations
\n
Joy V. Domingo\u2014Director of Investor Relations
\n
Tel: +1 (713) 375-3535
\n
Email: investor-relations@slb.com<\/a><\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Manufacturing Professional Services Other Transport Maritime Transport Oil\/Gas Data Analytics Software Environment Energy<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

SLB Completes Acquisition of Gyrodata Incorporated Complementary technologies to improve wellbore quality, reduce drilling risk HOUSTON–(BUSINESS WIRE)– 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\u2019s wellbore placement and surveying technologies within SLB\u2019s 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\u2014resulting in greater overall drilling efficiency. \u201cI\u2019m excited for this historic moment that will … <\/p>\n

Continue reading “SLB Completes Acquisition of Gyrodata Incorporated”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-728684","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSLB Completes Acquisition of Gyrodata Incorporated - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/slb-completes-acquisition-of-gyrodata-incorporated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SLB Completes Acquisition of Gyrodata Incorporated - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SLB Completes Acquisition of Gyrodata Incorporated Complementary technologies to improve wellbore quality, reduce drilling risk HOUSTON–(BUSINESS WIRE)– 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\u2019s wellbore placement and surveying technologies within SLB\u2019s 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\u2014resulting in greater overall drilling efficiency. \u201cI\u2019m excited for this historic moment that will … Continue reading "SLB Completes Acquisition of Gyrodata Incorporated"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/slb-completes-acquisition-of-gyrodata-incorporated\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T21:10:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230202005911r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SLB Completes Acquisition of Gyrodata Incorporated\",\"datePublished\":\"2023-02-03T21:10:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/\"},\"wordCount\":551,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230202005911r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/slb-completes-acquisition-of-gyrodata-incorporated\\\/\",\"name\":\"SLB Completes Acquisition of Gyrodata Incorporated - 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