Halliburton and Repsol Sign Cloud Data Management Agreement for Exploration and Production
October 28 2019 - 6:00AM
Business Wire
Halliburton Company (NYSE: HAL) today announced a multi-year
agreement with Repsol to provide a cloud-based master data
management solution for exploration and production (E&P)
activities. The software as a service enables users to load,
ingest, manage and access log, well and other E&P data across
different locations for greater efficiency and productivity
throughout Repsol’s asset portfolio.
As exploration and production challenges intensify, operators
need to generate insights to enhance performance from existing
data. Effectively managing E&P data through a comprehensive,
cloud solution drives greater communication, accuracy and
consistency so operators can make better-informed decisions. Repsol
will implement the cloud solution for simultaneous access and
management across ten global locations during the contract’s first
year with additional locations to follow. DecisionSpace® 365 Data
Foundation supports data residency and integrates with applications
and data on premise.
“The cloud simplifies and lowers the cost of managing
information across the well lifecycle and DecisionSpace 365® Data
Foundation provides true collaboration by making the same data
available in context at the right time,” said Nagaraj Srinivasan,
senior vice president of Landmark and Halliburton Digital
Solutions. “We look forward to working with Repsol to deliver a
data management solution using the cloud that maximizes the value
of their assets.”
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.
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