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Oil & Energy

SLB gains access to the coveted oil field data from Venezuela after agreement with PDVSA, according to Reuters

SLB has signed a contract with Venezuela's state oil company PDVSA to modernize and digitize its oil field databases, which are outdated and were further damaged by a ransomware attack in late 2025.

Tracked question

Is the regime's fiscal position stabilizing or collapsing? · Full question dossier →

linked by topic terms: oil, pdvsa

What would settle it: Two quarters of consistent PDVSA output and reserve figures from independent trackers.

Evidence state: establishedas of Sep 12, 2026changed from emerging → establishednot yet linked to a tracked event object in our corpus — no source count yet

SLB signed a contract with PDVSA to organize, update, and modernize oil field databases.

The databases are obsolete due to years of deterioration and a ransomware attack in late 2025.

Venezuela has not published regular oil statistics since 2015; only monthly OPEC reports are available.

The contract includes technology transfer, AI tools, and real-time production monitoring.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-25 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.