SLB: completes acquisition of Gyrodata

(CercleFinance.com) - SLB (formerly Schlumberger) today announced that it has completed the acquisition of Gyrodata Incorporated, a company specialising in gyroscopic wellbore positioning and surveying technology, a transaction announced in late October 2022.


The transaction will integrate Gyrodata's wellbore placement and surveying technologies into SLB's well construction business, bringing innovative drilling solutions to customers, the oilfield group said.

This combination will provide tighter trajectory control, reduced data acquisition time and improved decision making, resulting in greater overall drilling efficiency.



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