SLB has acquired Stimline Digital AS, a leading well intervention software company.
Stimline Digital’s IDEX platform provides operators features powerful visualisation capabilities and enables a collaborative environment to optimise the planning and execution of well intervention operations. Powered by AI, the application enables operators to efficiently standardise digital workflows through all phases of interventions, from planning through to real-time execution and post-job analysis.
The IDEX platform will be integrated with SLB's data environment and advanced intervention applications for planning and modelling, providing operators with the ability to create intelligent, data-driven workflows and thus ensuring greater consistency, efficiency and performance for well interventions.
“With 80% of global production expected to come from mature fields by 2030, innovative digital technologies are needed to improve the success rate and economics of interventions,” said Frederik Majkut, president, Reservoir Performance, SLB. “Through this acquisition, we aim to scale adoption of the IDEX platform as an agnostic ecosystem to help the industry standardise cumbersome planning and execution processes. We will also integrate it with our technology stack and domain expertise to provide our customers with well intervention performance assurance.”
The MENA region could potentially be a strong market for SLB’s strengthened well intervention capabilities, given the prevalence of mature fields and the focus on EOR activities.
In addition to its well intervention capabilities, the IDEX platform will enable teams to collaborate on and publish digital well operations procedures with full traceability and control, as well as supporting the real-time execution tracking of these procedures.
