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SLB Rolls Out Sequestri to Advance Industrial Decarbonization
ZACKS· 2025-06-17 13:10
Core Insights - SLB has launched the Sequestri portfolio, a comprehensive suite of carbon storage solutions aimed at accelerating industrial decarbonization globally [1][10] - The Sequestri portfolio provides an end-to-end framework for long-term carbon storage, addressing economic and integrity concerns that often hinder CCS project viability [2][3] Sequestri Portfolio Details - Sequestri combines tailored hardware and digital workflows to enhance decision-making throughout the carbon storage lifecycle, from site screening to monitoring [2] - The portfolio includes specialized hardware such as subsurface safety valves, measurement instruments, and CO2-resistant cement systems like EverCRETE [4] Strategic Partnerships and Projects - SLB's Sequestri aligns with its broader CCS ambitions, including a partnership with Aramco and Linde to establish a carbon capture and storage hub in Jubail, Saudi Arabia [6][10] - The first phase of this project aims to capture and store up to 9 million metric tons of CO2 annually by the end of 2027 [6][7] Technological Advancements - The Sequestri portfolio is powered by a network of interconnected digital technologies that simulate, model, and analyze carbon storage projects [4] - The introduction of Sequestri signals SLB's intent to be a central technology enabler in the energy transition, providing integrated solutions for emitters and developers [8]
SLB Launches Electris Tech to Boost Well Production and Recovery
ZACKS· 2025-05-15 13:06
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]