BP Implements Halliburton DecisionSpace®365 to Streamline and Automate Well Design Process
Technologies Reduce Planning Time and Speed Up Well Engineering Processes
HOUSTON, November 02, 2021– (BUSINESS WIRE) – Halliburton Company (NYSE: HAL) today announced the successful deployment of Landmark’s Digital Well Program® as a core component of BP’s Well Design Optimizer project.
The Well Design Optimizer streamlines and automates the well planning process to allow users to optimize well designs for placement and production. The solution uses Landmark’s Digital Well program®, a decision-making space® Cloud 365 application, which combines planning and design processes on a single, open platform to transform the way wells are constructed and delivered.
The Digital Well program helps BP accelerate end-to-end well delivery and increase efficiency through automated workflows, multi-scenario analysis and digital twin models.
“Halliburton is delighted to be working with BP to reduce planning time, accelerate design cycles and increase well design accuracy,” said Nagaraj Srinivasan, senior vice president, Landmark, Halliburton Digital Solutions and Consulting. “This open and agile collaboration highlights the operational impact of digital workflows and data-driven decisions based on a standard and cloud-based software suite.”
Founded in 1919, Halliburton is one of the world’s largest suppliers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps customers maximize value throughout the reservoir’s lifecycle – from locating hydrocarbons and managing geological data to drilling and evaluation of formation, construction and completion of wells and optimization of production. throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211102005105/en/
For news media: