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Stimline

1 known investors

Stimline provides software and automation systems for oil and gas well completion and intervention operations, including its IDEX collaboration platform used by energy and service companies for drilling, completion, intervention, and P&A. Its products cover automated wireline, coiled tubing, and carbon rod systems as well as digital planning and rig-site execution tools.

Also known as Stimline AS Β· Stimline Digital Β· Stimline Digital AS

Founders & leadership

EZ
Erik Zachariasen
TFTom Fedog
Tom Fedog

Investors Β· 1

Company profile

researched Aug 2026

Stimline develops automation, electrification and digitalization systems for oil and gas well intervention and completion operations. Its product lines span automated wireline and coiled tubing systems, injector heads, carbon rod systems, and an automation ecosystem that includes XOS Operator Stations (touchscreen operator interfaces for wireline, coiled tubing, fluid pumpers, fluid systems and well control equipment), XOS Remote (remote control and monitoring of wireline and coiled tubing units with encrypted command transmission plus HD video, audio, winch data and 3D wellbore imagery), XOS DTS (a depth, speed and tension monitoring system that replaces mechanical wireline indicators and can automatically shut down the winch on overpull), and the ASX industrial control system that executes commands from operator stations, evaluates sensor status, algorithms and interlocks, and drives variable frequency drives or hydraulic valves.

The company's FIXX autonomy platform underpins what it markets as Intelligent Conveyance, supporting manual, semi-automatic, automatic and autonomous intervention modes. On the software side, Stimline created the IDEX platform: IDEX for service companies was released commercially in 2018, and IDEX Collaboration Platform was developed as an end-to-end system for energy companies aimed at reducing intervention planning time, later extended to drilling, completions, plug and abandonment, rig-site execution (commercialized as Performer) and AI-assisted planning support. Stimline Digital was spun out as a dedicated software company and was acquired by SLB in 2025, with the IDEX platform folded into SLB's intelligent intervention portfolio while Stimline's products division continues to supply completion, intervention and drilling equipment.

Stimline also conducts concept and innovation studies with energy companies, covering the feasibility and architecture of unmanned intervention operations, optimization of well intervention vessel deck layouts, and immersive environments for remote operation of intervention equipment.

Founding story

Stimline took its present form in 2011 under Erik Zachariasen and Tom Fedog, both experienced energy sector and software professionals. Their premise was to take knowledge and experience from the digitalization of drilling operations and apply it to completion and intervention operations, aiming to create value for energy companies and service companies seeking to improve those operations; this work led to the IDEX software. A Bloomberg company profile lists Stimline AS as founded in 2010 and classifies its line of business as computer programming services.

Business model

Stimline sells intervention automation hardware and control systems (XOS operator stations, XOS Remote, XOS DTS, ASX control systems, wireline, coiled tubing and injector head equipment) to energy and service companies, alongside cloud-based software applications; quotes for automation projects are provided on request. The IDEX software line, delivered as a cloud platform to operators such as Aker BP, Shell and Equinor, was operated by Stimline Digital until that entity was acquired by SLB.

Sales of intervention automation equipment and control systems together with cloud-based software applications supplied to energy and service companies; indicative proposals and quotes for automation projects are issued on request.

Traction

Published customer milestones include contracts and adoptions with the Aker BP Well Intervention Alliance, Shell (drilling from 2021, expanded to drilling, completion, intervention and P&A in 2022, plus rig-site execution/Performer in 2023) and Equinor (well intervention from 2022, later a global agreement). Company case studies describe Aker BP use of IDEX for underbalanced cleanout, coordination of emergency actions to free stuck coiled tubing, and operational continuity. FIXX completed first automated offshore runs in 2024 and a first autonomous conveyance run offshore in 2025.

Latest developments

SLB announced on 1 August 2025 that it had acquired Stimline Digital AS, taking 100% of the share capital along with all business operations and rights to the IDEX platform and other intellectual property; the platform is being integrated with SLB's data environment and intervention planning and modeling applications, while users retain the flexibility to choose the vendor performing the intervention. In 2025 Stimline also introduced AI capabilities in IDEX and reported the first offshore autonomous conveyance run with FIXX, following the first automated offshore FIXX runs in 2024.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Stimline positioned IDEX for service companies, released in 2018, as an alternative to NOV in that market. SLB, in announcing its acquisition of Stimline Digital, described IDEX as a vendor-agnostic ecosystem it intends to scale for standardizing intervention planning and execution, citing an expectation that 80% of global production will come from mature fields by 2030.

Combines rig-site intervention hardware and control systems with cloud software in a single ecosystem, spanning digital job planning, remote and autonomous conveyance, and post-job analysis, and marketed as a vendor-agnostic platform allowing operators to select any intervention service provider.

Technology

Automation and control technology for intervention equipment: the ASX industrial control system handles control, automation and integration for wireline and coiled tubing spreads, executing operator commands, checking sensors, algorithms and interlocks, and commanding variable frequency drives or hydraulic valves; it can extend to fluid pumpers, fluid systems, well control equipment and downhole tools that control surface equipment based on downhole conditions. XOS operator stations provide touchscreen graphical control at the rig site and can hand over control to XOS Remote onshore via encrypted protocols, streaming HD video and audio with winch data, 3D wellbore images and job instructions. The FIXX autonomy platform enables Intelligent Conveyance across manual through autonomous modes, and the cloud-based IDEX platform provides visualization, collaborative planning, digital procedure review, approval and publishing with traceability, real-time execution tracking and post-job analysis, with AI-assisted plan development added in 2025.

Go-to-market

Direct engagement with energy and service companies through contact-based sales and quoting for automation projects, supported by case studies, white-paper guides and a newsletter; the company also pursues joint conceptual and innovation studies with energy companies on unmanned intervention operations, vessel deck layout optimization and immersive remote operation environments. Since the SLB acquisition, IDEX is distributed through SLB's intelligent intervention portfolio.

Energy companies (operators) and oilfield service companies conducting well completion, intervention, drilling and plug and abandonment operations, including offshore operations; named users of the IDEX Collaboration Platform include Aker BP, Shell and Equinor.

Geography

Norwegian-registered entities (Stimline AS, Stimline Digital AS) serving offshore operations; injector heads were sold into the Canadian market from 2018, and customers include North Sea operators Aker BP, Equinor and Shell.

History

Milestones published by the company: established in 2011; first fully automated carbon rod system in 2013; first fully automated wireline system in 2015; first fully automated coiled tubing system in 2017; injector heads sold into the Canadian market and IDEX for service companies released commercially in 2018; Aker BP entered a key contract for the IDEX Collaboration Platform in 2019 (described elsewhere by the company as the first IDEX Collaboration Platform contract, with the Aker BP Well Intervention Alliance, in the 2020-2021 period); Shell adopted IDEX for drilling planning in 2021 and expanded scope in 2022 to drilling, completion, intervention and P&A; Equinor adopted the IDEX Collaboration Platform for well intervention in 2022 and later signed a global agreement for well interventions; Shell added rig-site execution, commercialized as Performer, in 2023; FIXX performed its first automated offshore runs in 2024; in 2025 AI capabilities were introduced in IDEX, FIXX completed its first autonomous conveyance run offshore, and Stimline Digital and the IDEX platform were acquired by SLB.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Share of Stimline Digital AS share capital owned by SLB at transaction closingAug 2025100%

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 14

launches, deals, and filings
Aug 2025
SLB acquires Stimline Digital AS and the IDEX platform

SLB reported on 1 August 2025 that it had acquired Stimline Digital AS, a cloud-based well intervention software company. At closing SLB owned 100% of the share capital, including all business operations and rights to the IDEX platform and other intellectual property, which will be integrated with SLB's data environment and intervention planning and modeling applications.

source β†—

Jan 2025
AI capabilities introduced in IDEX

Advanced AI launched in IDEX to help well engineers develop plans more efficiently and strengthen decision support across well intervention workflows.

source β†—

Jan 2025
FIXX first autonomous conveyance run offshore

source β†—

Jan 2024
FIXX first automated runs offshore

source β†—

Jan 2023
Rig-site execution commercialized as Performer on the IDEX Collaboration Platform

source β†—

Jan 2022
Equinor adopts IDEX Collaboration Platform for well intervention

Equinor adopted the IDEX Collaboration Platform for well intervention with the FLX team; a global agreement to use the platform for well interventions followed.

source β†—

Jan 2022
Shell expands IDEX scope to drilling, completion, intervention and P&A

source β†—

Jan 2021
Shell adopts IDEX Collaboration Platform for drilling planning

source β†—

Jan 2019
Aker BP contracts for the IDEX Collaboration Platform

Aker BP entered a key contract for the IDEX Collaboration Platform; the company elsewhere dates the first IDEX Collaboration Platform contract with the Aker BP Well Intervention Alliance to 2020-2021.

source β†—

Jan 2018
Injector heads sold to the Canadian market

source β†—

Jan 2018
IDEX for service companies released as a commercial product

IDEX was released commercially for service companies, positioned by the company as an alternative to NOV.

source β†—

Jan 2017
First fully automated coiled tubing system

source β†—

Jan 2015
First fully automated wireline system

source β†—

Jan 2013
First fully automated carbon rod system

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Stimline do?
Norwegian supplier of automation, control and software systems for well completion and intervention operations.
Who are Stimline's investors?
Stimline's investors include Skagerak Capital.