Global technology company SLB has completed the acquisition of Gyrodata Incorporated, a company specializing in gyroscopic well positioning and drilling technology.
The transaction will incorporate Gyrodata’s well placement and surveying technologies into SLB’s well construction business, bringing customers new drilling solutions.
This combination will improve well quality and reduce drilling risk to unlock even the most remote and complex reservoirs. Integrating three-axis solid-state gyroscope measurements with the latest SLB technology innovations will help ensure tighter trajectory control, reduce data acquisition time and improve the decision-making process, resulting in greater overall drilling efficiency.
“I am excited for this historic moment that will bring innovative solutions to the SLB Well Construction division and our industry. The technology-driven acquisition of Gyrodata is aligned with SLB’s strategy to elevate operational performance and improve efficiency for our customers. Combined with our Neuro autonomous solutions, the acquisition of Gyrodata will transform drilling technology designs, leveraging downhole and surface automation to drive well construction performance and operational efficiency to new levels.” said Jesus Lamas, president of well construction at SLB.
SLB has a global presence in more than 100 countries and employees representing almost twice as many nationalities.
On the other hand, Gyrodata is a service provider to the global energy industry with expertise in gyroscopic surveying, well placement and well characterization technologies.
Gyrodata’s unique products and services enable its customers to maximize hydrocarbon recovery and optimize the life cycle cost of an asset.
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