PTTEP Selects Halliburton for Digital Transformation Contract
October 01 2019 - 6:00AM
Business Wire
Halliburton Company (NYSE: HAL) today announced PTTEP, a
national petroleum exploration and production company in Thailand,
selected Halliburton Landmark’s Digital Well Program application to
automate drilling, completions and engineering processes across the
well lifecycle.
Digital Well Program™, an application within DecisionSpace® 365,
transforms how wells are constructed and delivered by combining a
digitalized planning and design process with engineering models on
a single and open platform. The product, running on a public cloud
platform, will support all new wells drilled and leverage data from
over 1,500 existing wells to reduce planning cycle times, enable
automation, advanced analytics and optimize well design using
machine learning and artificial intelligence.
“We are excited to collaborate with PTTEP to improve drilling
performance. Digital Well Program, as an out of the box product
with best in class workflows, will allow PTTEP to extend their
existing drilling and completions practices for faster and more
accurate well delivery,” said Sid Whyte, senior vice president of
Halliburton Asia Pacific. “This contract demonstrates Halliburton’s
commitment to understanding customer challenges and applying the
right technology that maximizes their asset value.”
About Halliburton
Founded in 1919, Halliburton celebrates its 100 years of service
as one of the world's largest providers of products and services to
the energy industry. With 60,000 employees, representing 140
nationalities in more than 80 countries, the company helps its
customers maximize value throughout the lifecycle of the reservoir
— from locating hydrocarbons and managing geological data, to
drilling and formation evaluation, well construction and
completion, and optimizing 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191001005161/en/
For Investors: Abu
Zeya Investor
Relations investors@halliburton.com 281-871-2688
For News Media: William Fitzgerald External Affairs
pr@halliburton.com 281-871-5267
Halliburton (NYSE:HAL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Halliburton (NYSE:HAL)
Historical Stock Chart
From Apr 2023 to Apr 2024