Hess Selects Halliburton Well Construction Suite to Implement Digital Wells
March 22 2023 - 8:45AM
Business Wire
Halliburton Company (NYSE: HAL) today announced that Hess
Corporation (NYSE: HES) has selected Halliburton Landmark’s
DecisionSpace® 365 Well Construction applications powered by
iEnergy® Hybrid Cloud to plan, design, and construct safe, cost
effective, and productive wells.
DecisionSpace 365 applications empower an agile enterprise and
bring planning, design, and operations together to create a digital
twin of the well construction process. The applications provide
operators real time and efficient collaboration with oilfield
service providers and drilling contractors.
“Hess is using advanced technology to elevate our operational
performance and do that sustainably,” said Richard Lynch, SVP,
Technology and Services at Hess. “We look forward to applying this
solution to help reduce well costs and optimize our digital
workflow.”
With DecisionSpace 365 powered by iEnergy hybrid cloud, Hess can
leverage predictive drilling analytics using artificial
intelligence (AI)/machine learning (ML) and gain comprehensive
oversight across the entire well construction lifecycle.
“Our Landmark technology provides an open and agnostic platform
that enables automation using AI/ML and integrates seamlessly with
third-party systems throughout drilling plan, design and execute
workflows,” said Nagaraj Srinivasan, senior vice president of
Landmark, Halliburton Digital Solutions and Consulting. “We are
excited to collaborate with Hess to help increase shared access to
enterprise knowledge and cross-team collaboration, which will
positively impact their digital workflows.”
ABOUT HALLIBURTON
Halliburton is one of the world’s leading providers of products
and services to the energy industry. Founded in 1919, we create
innovative technologies, products, and services that help our
customers maximize their value throughout the life cycle of an
asset and advance a sustainable energy future. Visit us at
www.halliburton.com; connect with us on Facebook, Twitter,
LinkedIn, Instagram and YouTube.
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Investor Relations Contact: David Coleman
investors@halliburton.com 281-871-2688
Press Contact: Andrew Knotts pr@halliburton.com
281-871-2601
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