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SLB Launches New Downhole System to Give Oilfield Operators More Control

Aug 24, 2026 · 07:12 AM ET· updated 1h ago

SLB (NYSE:SLB) today launched the ExaCT™ electrical downhole coiled tubing (CT) control system, an advanced intervention platform that introduces real-time electrical control to coiled tubing operations. By replacing

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Why It Matters

SLB made a new tool that helps oil companies control their drilling equipment better from far away using electricity. When a company invents tools that do jobs more smoothly, it can attract customers and show the company is thinking ahead.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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