Schlumberger Stock Slumps 8% in Five Days as Trading Volume Drops to 204th Rank Despite Electris Technology Launch

On June 25, 2025, Schlumberger (SLB) experienced a significant decline, with its trading volume dropping by 45.7% to 4.47 billion, ranking 204th in the day's market activity. The stock price fell by 0.96%, marking the fifth consecutive day of decline, with a total decrease of 8.04% over the past five days.

Schlumberger recently introduced Electris, a new portfolio of digitally enabled electric well completions technologies. This innovation aims to enhance oil and gas production and recovery while reducing the total cost of ownership for assets. The technology was unveiled at the Offshore Technology Conference in Houston, Texas. Electris completions digitalize control of the entire productive area of the wellbore, providing real-time production intelligence across the reservoir. This real-time data allows operators to anticipate, adjust, and react confidently to dynamic production conditions, enabling access to reserves that conventional systems typically leave behind.

Electris technology has already been installed in over 100 locations across five countries. For instance, in Norway, Electris completions were deployed offshore in an extended-reach well to boost oil production. The system's intelligence helps operators identify which zones are contributing to production, optimizing oil output and minimizing produced water. By controlling water production, Electris completions have reduced the energy required to lift and reinject treated water back into the reservoir.