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 dwell earth mannequin, with the intention of attaining extra correct reserve estimations via 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 information and fashions movement from exploration to improvement. This built-in workflow helps sooner challenge maturation via the Entrance-Finish Loading course of. Utilizing the Unified Ensemble Modeling answer, asset groups can automate the era of a number of probabilistic geological eventualities whereas integrating real-time reservoir movement information. This strategy is designed to boost forecast precision, speed up state of affairs evaluation, and enhance confidence in decision-making.
“We remodel subsurface modeling via confirmed differentiated applied sciences to resolve distinctive challenges,” stated Tony Antoun, senior vp, Landmark Software program and Companies. “After we unite exploration and improvement groups, we assist our prospects 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 bold challenge supply targets,” stated 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 challenge deliveries and guarantee seamless continuity from exploration via 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 better effectivity and perception.
