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Schlumberger (SLB) rose 1.89% on August 5, 2025, with a trading volume of $0.41 billion, ranking 297th in market activity. The company announced the acquisition of Stimline Digital AS, a cloud-based software firm specializing in AI-powered well intervention technology. This move aims to scale intelligent workflows and performance assurance in mature oilfields, a critical focus area given that 80% of global production is projected to come from mature fields by 2030. The acquisition grants SLB full ownership of Stimline’s
platform, a tool enabling real-time collaborative planning and analysis of well interventions.SLB emphasized integrating IDEX into its broader technology stack to standardize workflows and enhance operational consistency across well intervention activities. Frederik Majkut, President of SLB’s Reservoir Performance division, highlighted the platform’s potential to become a vendor-agnostic solution, scaling adoption across the sector. Beyond interventions, IDEX also supports drilling, completions, and plug-and-abandonment processes. Its collaborative design allows teams to execute procedures with greater control, aligning with SLB’s strategy to leverage digital integration for maximizing performance and cost-effectiveness in complex environments.
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