Announcement

SLB Announces Collaboration with Geminus AI

First AI models built using physics-based simulation for optimization of oil and gas operations

HOUSTON January 10, 2024—SLB (NYSE: SLB) today announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed AI model builder for oil and gas operations. The Geminus model builder fuses physics-based approaches with process data to produce highly accurate AI models that can be deployed at scale, far faster and at much less cost than traditional AI approaches.

“The investment made by SLB in its partnership with Geminus AI produces a step-change in operational performance for customers, from production pipelines to facilities,“ said Rakesh Jaggi, President, Digital & Integration, SLB. “Geminus’ capability to fuse AI methods with physics-based simulation data will empower customers to quickly and easily create hybrid models of their operating assets that can be optimized in real time against numerous outcomes, such as opex reduction, increased productivity, and carbon emissions minimization.”

The Geminus platform uses novel, physics-informed AI computing to translate constraints of the physical world inside digital models. It requires only sparse data, and models are easily updated with the infusion of new data points. Data scientists and modeling engineers can use the platform to predict the behavior of complex systems and make informed real-time decisions.

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