SLB has agreed to acquire the upstream geoscience and petroleum engineering software portfolio of S&P Global ’s energy division, expanding its digital subsurface capabilities and presence in U.S. unconventional workflows. The move will enhance AI‑driven workflows and support rapid drilling cycles in high‑activity shale basins. Operators are increasingly turning to digital technologies to improve efficiency and performance in complex, data‑driven upstream environments. The acquisition reflects this trend, as firms seek tools that can accelerate decision‑making and optimize resource extraction. The deal will integrate the software suite with SLB ’s broader digital platforms, including AI‑enabled applications, while maintaining continuity for existing users. A collaboration will also develop new AI models using SLB ’s digital platforms and S&P Global ’s upstream data, aiming to improve subsurface analysis and planning. The transaction is expected to close in the second half of 2026 or early 2027, subject to regulatory approvals. “Unconventional markets demand speed, scale and efficiency,” Olivier Le Peuch, CEO said, underscoring the importance of software in supporting operational decision‑making across U.S. land assets.