Halliburton has entered right into a strategic collaboration with Petronas Carigali, a Petronas subsidiary, to advance subsurface modeling and reservoir administration. As a part of the collaboration, Petronas will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling options with the target to unify exploration and improvement workflows and speed up time to first oil.
Halliburton Landmark’s DecisionSpace geosciences expertise
Halliburton Landmark’s scalable earth modeling and ensemble workflows are a major evolution from conventional grid-based modeling and deterministic reservoir forecasting. These applied sciences are meant to allow Petronas exploration and asset groups to collaborate in actual time utilizing a unified stay earth mannequin, with the intention of attaining extra correct reserve estimations by way of ensemble modeling.
The Geosciences Suite’s scalable earth modeling maintains geological constancy throughout all scales—from basin-wide views to particular person fields—to make sure constant knowledge and fashions movement from exploration to improvement. This built-in workflow helps sooner venture maturation by way of the Entrance-Finish Loading course of. Utilizing the Unified Ensemble Modeling answer, asset groups can automate the technology of a number of probabilistic geological situations whereas integrating real-time reservoir movement knowledge. This strategy is designed to boost forecast precision, speed up state of affairs evaluation, and enhance confidence in decision-making.
“We remodel subsurface modeling by way of confirmed differentiated applied sciences to unravel distinctive challenges,” mentioned Tony Antoun, senior vice chairman, Landmark Software program and Providers. “Once we unite exploration and improvement groups, we assist our clients generate returns sooner and maximize asset worth.”
“A harmonized, AI assisted workflow anchored on a single live-earth mannequin throughout the exploration and improvement phases is central to our technique in attaining our formidable venture supply targets,” mentioned Hazli Sham Kassim, Senior Vice President of Malaysia Asset and CEO of Petronas Carigali.
“Adopting DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling options aligns with PETRONAS’ imaginative and prescient to speed up our venture deliveries and guarantee seamless continuity from exploration by way of improvement and manufacturing,” added Petronas Vice President of Exploration, Ahmad Faisal Bakar.
This collaboration follows a complete benchmarking of Petronas’ greenfield and mature reservoir practices. The brand new strategy will incorporate multi-scenario probabilistic modeling, supported by AI and machine studying, envisioned to drive higher effectivity and perception.
