HOUSTON – October 08, 2020 – Halliburton Company (NYSE: HAL) today introduced Digital Well Operations, a DecisionSpace® 365 cloud solution. Digital Well Operations is the industry’s first open and integrated well operations software that seamlessly connects the entire value chain – operators, service providers, logistics providers and rig providers – to deliver more efficient and safe wells.
Digital Well Operations connects the rig site and field workers to remote operation centers using Live Plan, which is a digital twin of the well. It creates and maintains real-time views of each well phase bringing design and execution together to increase operational efficiency and lower well construction costs.
Based on open architecture, the solution integrates with the Halliburton Digital Well Program® for a seamless end-to-end well construction workflow. The Digital Well Operations solution includes four plug-and-play products: Well Operations Monitor, Real-Time Well Engineering, Real-Time Control–Edge and Real-Time Solution. Digital Well Operations is available on iEnergy, the industry’s first hybrid cloud designed to deploy, integrate and manage E&P applications on the public cloud or a private cloud with iEnergy Stack.
Digital Well Operations can leverage third party and operator engineering and artificial intelligence, machine learning models and advisory systems. This creates a unified experience for improved drilling automation. The solution is built on a variety of industry standards like Energistics and Open Sub Surface Data Universe (OSDU).
“We are excited to release Digital Well Operations, a ground-breaking solution to help operators execute, monitor and optimize well programs by automating processes, enabling remote operations and delivering drilling automation,” said Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Services and Consulting. “Along with our Digital Well Program, Digital Well Operations will transform our customers’ end to end well construction process and enhance collaboration across the value chain to reduce well construction costs.”
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 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.