Halliburton has secured a contract from PTTEP to digitalise well design workflows in a joint development with the Thai state giant.
The Houston-based oilfield services contractor will apply its Digital Well Program software to automate drilling and completion engineering processes across the well lifecycle under the so-called “digital transformation” deal aimed at accelerating well completions and cutting drilling costs.
The application is intended to transform how wells are constructed and delivered by combining a digitalised planning and design process with engineering models on a single and open platform.
Halliburton said it will “support all new wells drilled and leverage data from over 1500 existing wells to reduce planning cycle times, enable automation, advanced analytics and optimise well design".
