Schlumberger Announces Deployment of Reservoir Engineering Digital Solutions for Global Customer

Rhea-AI Summary

Schlumberger has announced a deployment of its cloud-based DELFI cognitive environment for ConocoPhillips, aimed at enhancing reservoir engineering modeling through digital transformation. This collaboration will boost workflow and data efficiency globally, enabling advanced integration of Schlumberger's digital solutions with ConocoPhillips' existing workflows. Upon completion, ConocoPhillips' engineers will have access to high-performance cloud computing resources and advanced reservoir engineering tools.

Positive

• Deployment of DELFI cognitive environment enhances ConocoPhillips' reservoir engineering capabilities.
• Integration of advanced digital solutions improves workflow and data efficiency.

Negative

• None.

Schlumberger’s cloud-based solutions have the potential to digitally transform worldwide reservoir engineering modeling to achieve vast increases in innovation, efficiencies, and performance

HOUSTON--(BUSINESS WIRE)-- Schlumberger today announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled by the DELFI environment to bring its reservoir engineering modeling, data and workflows to the cloud.

“This digital platform will drive workflow and data efficiency, enabling ConocoPhillips to meet their diverse reservoir engineering modeling needs worldwide,” said Rajeev Sonthalia, president, Digital & Integration, Schlumberger. “Expert teams from both companies will work closely together to integrate our cloud-based digital solutions and AI with ConocoPhillips’ reservoir engineering modeling and workflows.”

Upon completion of the integration, ConocoPhillips reservoir engineers will have access to cloud-based, high-performance computing resources in the DELFI environment as well as Schlumberger’s reservoir engineering solutions—including Petrel* E&P software platform's Petrel Reservoir Engineering, INTERSECT* high-resolution reservoir simulator, and ECLIPSE* industry-reference reservoir simulator.

About Schlumberger

Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, Schlumberger collaborates to create technology that unlocks access to energy for the benefit of all.

Find out more at www.slb.com.

*Mark of Schlumberger.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220305005013/en/

Media

Giles Powell – Director of Corporate Communication, Schlumberger Limited

Tel: +1 (713) 375-3494

communication@slb.com

Investors

Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited

Joy V. Domingo – Director of Investor Relations, Schlumberger Limited

Tel: +1 (713) 375-3535

investor-relations@slb.com

Source: Schlumberger

FAQ

What is Schlumberger's recent announcement regarding ConocoPhillips?

Schlumberger announced an enterprise-wide deployment of its cloud-based DELFI cognitive environment for ConocoPhillips to improve reservoir engineering modeling and efficiency.

How will DELFI impact ConocoPhillips' operations?

The DELFI environment will enhance workflow and data efficiency for ConocoPhillips' reservoir engineering modeling needs worldwide.

What benefits does the DELFI platform provide?

The DELFI platform offers cloud-based high-performance computing resources and advanced reservoir engineering solutions to ConocoPhillips.

What technologies are included in the DELFI deployment for ConocoPhillips?

The deployment includes Schlumberger’s Petrel E&P software platform, INTERSECT simulator, and ECLIPSE industry-reference reservoir simulator.

What is Schlumberger's stock symbol?

Schlumberger's stock symbol is SLB, traded on the NYSE.