HOUSTON, November 12, 2024 — Global energy technology company SLB (NYSE: SLB) today launched Stream™ high-speed intelligent telemetry that increases drilling confidence and performance for complex wells.

Designed to overcome the bottlenecks and limitations of conventional mud pulse telemetry, Stream combines proprietary artificial intelligence (AI) algorithms with SLB’s TruLink™ definitive dynamic survey-while-drilling service. This provides uninterrupted, high-speed, high-fidelity real-time subsurface measurements with no data limitations, regardless of depth, in even the most challenging conditions.

“Stream is another example of the step change that digital technologies are bringing to our industry, tantamount to going from dial-up to broadband internet,” said Jesus Lamas, president, Well Construction, SLB. “For complex well profiles, transmission has been a huge bottleneck for the data volumes being generated downhole, often constraining drillers to work with a limited picture of the reservoir. Capitalizing on advanced AI algorithms in telemetry eliminates these restrictions — enabling optimal drilling decisions for more consistent, higher-performing wells."

Stream has already been deployed in 14 countries, with more than 370 runs and more than 1.5 million feet drilled. In the Middle East, Stream telemetry helped a major operator overcome difficulty in geosteering operations caused by harsh drilling conditions and poor signal quality. Using Stream, the operator was able to receive high-quality data at depths in excess of 50,000 feet — resulting in one of the longest offshore extended reach wells ever drilled.

For more information on Stream high-speed intelligent telemetry, visit slb.com/Stream.

About SLB

SLB (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.

Media

Josh Byerly – SVP of Communications
Moira Duff – Director of External Communications
SLB
Tel: +1 (713) 375-3407
Email: media@slb.com

Investors

James R. McDonald – SVP of Investor Relations & Industry Affairs
Joy V. Domingo – Director of Investor Relations
SLB
Tel: +1 (713) 375-3535
Email: investor-relations@slb.com

Cautionary Statement Regarding Forward-Looking Statements
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