Core Insights - SLB has launched Electris, a new portfolio of digitally enabled electric well completion technologies aimed at enhancing hydrocarbon recovery and reducing operational costs [1] - The Electris suite provides real-time production intelligence, allowing operators to maximize output and minimize costly well interventions [1][2] Technology and Innovation - Electris completions digitalize control across the entire productive area of the wellbore, enabling continuous monitoring and adaptive responses to production conditions [2] - This technology empowers operators to make faster, data-driven decisions, leading to improved reservoir management and recovery of reserves typically unreachable with conventional systems [2][3] Market Focus - SLB is targeting complex reservoirs as much of the easily extractable oil has already been tapped, with Electris expected to improve recovery factors and deliver stronger returns on investment in these challenging environments [4] - The company has completed over 100 Electris installations across five countries, including offshore extended-reach wells in Norway, optimizing oil output while minimizing produced water [5] Operational Efficiency - Controlling water production with Electris reduces the energy needed for handling and reinjecting treated water, enhancing operational efficiency and sustainability [6] - This aligns with operators' goals to reduce emissions and minimize environmental impact [6] Industry Impact - The introduction of Electris could signify a major advancement in how producers approach well completions, particularly in the pursuit of more intelligent, cost-effective, and high-yielding extraction methods [7]