SLB (NYSE: SLB) has been awarded a significant drilling contract by Woodside Energy (NYSE: WDS) for the ultra-deepwater Trion development project, located offshore Mexico.
This marks a pivotal step in the development of the Trion field, a joint venture between Woodside (60%) and Pemex Exploración y Producción (40%).
The contract encompasses the delivery of 18 ultra-deepwater wells over a three-year period, starting in early 2026.
SLB will leverage its integrated services approach and advanced AI-enabled drilling technologies to enhance operational efficiency and well quality.
The scope of services includes digital directional drilling, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, wireline services, and more.
These operations will be managed through SLB’s Performance Live digital service delivery centres.
“With water depths reaching up to 2,500 metres, the Trion development poses significant technical challenges,” said Wallace Pescarini, president of SLB’s Offshore Atlantic division.
“Our expertise in ultra-deepwater projects and cutting-edge AI technologies will ensure safe, efficient, and reliable well construction.
“Additionally, our investments in local talent and supply chains in Mexico will support timely project delivery.”
The Trion development is expected to produce first oil by 2028.
The field, discovered by Pemex in 2012, is located approximately 180 kilometres off Mexico’s coast in the Gulf of Mexico.
It targets an estimated 479 million barrels of oil equivalent (MMboe) from its reserves. The initial phase involves nine production wells, seven water injectors, and two gas injectors.
This contract builds on SLB’s existing relationship with Woodside.
In 2023, SLB’s OneSubsea joint venture was awarded a major contract for subsea equipment for the same project. Manufacturing for these components is progressing on schedule.
SLB’s deployment of AI-enabled drilling solutions highlights its commitment to innovation in complex offshore environments.
These technologies are expected to optimise well placement and reduce operational emissions while ensuring high-quality outcomes for the Trion development.
