{"id":847239,"date":"2025-05-06T08:30:06","date_gmt":"2025-05-06T12:30:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/slb-introduces-digitally-enabled-electric-well-solutions-that-maximize-production-and-recovery\/"},"modified":"2025-05-06T08:30:06","modified_gmt":"2025-05-06T12:30:06","slug":"slb-introduces-digitally-enabled-electric-well-solutions-that-maximize-production-and-recovery","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/slb-introduces-digitally-enabled-electric-well-solutions-that-maximize-production-and-recovery\/","title":{"rendered":"SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery<\/b><\/p>\n<p><b>New well completions tech shifts production economics with fewer requirements for costly well interventions<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGlobal energy technology company SLB (NYSE: SLB) today launched Electris\u2122 \u2014 a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250506243550\/en\/2459522\/4\/Tier_2_ManufacturingFacility_CHPC_Houston_Ardmore_NAM-0037.jpg\" alt=\"Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir.\" \/><\/p>\n<p style=\"font-size:85%\">Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir.<\/p>\n<\/div>\n<p>\nElectris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act with confidence in response to dynamic production conditions \u2014 improving reservoir management over the life of the well and accessing reserves that conventional systems leave behind.\n<\/p>\n<p>\n\u201cElectris completions take reservoir management to the next level \u2014 making it possible for operators to get more out of their assets with fewer requirements for costly well interventions,\u201d said Paul Sims, president, Production Systems. \u201cWith much of the \u2018easy\u2019 oil already produced, operators are encountering more and more complex reservoirs. Electris completions can help shift the production economics in these reservoirs \u2014 resulting in higher recovery factors that maximize return on investment from the asset.\u201d\n<\/p>\n<p>\nThere have been more than 100 installations of Electris completions technologies across five countries. In Norway, Electris completions were deployed offshore to enhance oil production in an extended-reach well. The operator is using intelligence from the system to determine which zones are contributing to production to optimize oil output and minimize produced water. Controlling water production with Electris completions has decreased the energy needed to lift and then pump treated water back into the reservoir.\n<\/p>\n<p>\nToday&#8217;s announcement was made at the Offshore Technology Conference, which is taking place this week in Houston, Texas.\n<\/p>\n<p>\nFor more information about SLB&#8217;s Electris electric completions technologies, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.slb.com%2Fproducts-and-services%2Finnovating-in-oil-and-gas%2Fcompletions%2Fwell-completions%2Felectris&amp;esheet=54249361&amp;newsitemid=20250506243550&amp;lan=en-US&amp;anchor=www.slb.com%2FElectris&amp;index=1&amp;md5=dade636a6b66f0f6d912f98f1c6d8fd1\">www.slb.com\/Electris<\/a>.\n<\/p>\n<p><b>About SLB<\/b><\/p>\n<p>\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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.slb.com&amp;esheet=54249361&amp;newsitemid=20250506243550&amp;lan=en-US&amp;anchor=slb.com&amp;index=2&amp;md5=bdd7b7f06a9823619a33270b4929ebf7\">slb.com<\/a>.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements:<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the U.S. federal securities laws \u2014 that is, statements about the future, not about past events. Such statements often contain words such as \u201cexpect,\u201d \u201cmay,\u201d \u201ccan,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201canticipate,\u201d \u201cwill,\u201d \u201cpotential,\u201d \u201cprojected&#8221; 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\u2019s new technologies and partnerships; 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\u2019s 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\u2019s 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250506243550r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Josh Byerly \u2013 SVP of Communications<br \/>\n<br \/>Moira Duff \u2013 Director of External Communications<br \/>\n<br \/>SLB<br \/>\n<br \/>Tel: +1 (713) 375-3407<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@slb.com\">media@slb.com<\/a><\/p>\n<p><b>Investors<br \/>\n<\/b><br \/>James R. McDonald \u2013 SVP of Investor Relations &amp; Industry Affairs<br \/>\n<br \/>Joy V. Domingo \u2013 Director of Investor Relations<br \/>\n<br \/>SLB<br \/>\n<br \/>Tel: +1 (713) 375-3535<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor-relations@slb.com\">investor-relations@slb.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environment Technology Other Energy Other Technology Oil\/Gas Software Sustainability Green Technology Energy Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250506243550\/en\/2459522\/3\/Tier_2_ManufacturingFacility_CHPC_Houston_Ardmore_NAM-0037.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250506243550\/en\/1610872\/3\/SLB_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery New well completions tech shifts production economics with fewer requirements for costly well interventions HOUSTON&#8211;(BUSINESS WIRE)&#8211; Global energy technology company SLB (NYSE: SLB) today launched Electris\u2122 \u2014 a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/ Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This enables operators to predict, adapt and act &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/slb-introduces-digitally-enabled-electric-well-solutions-that-maximize-production-and-recovery\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery&#8221;<\/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-847239","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery - 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-introduces-digitally-enabled-electric-well-solutions-that-maximize-production-and-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SLB Introduces Digitally Enabled Electric Well Solutions That Maximize Production and Recovery New well completions tech shifts production economics with fewer requirements for costly well interventions HOUSTON&#8211;(BUSINESS WIRE)&#8211; Global energy technology company SLB (NYSE: SLB) today launched Electris\u2122 \u2014 a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/ Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250506243550\/en\/ Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. 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