PTTEP has selected Halliburton for digital transformation contract. Credit: WhisperToMe.

Thailand’s national petroleum exploration and production company PTTEP has selected US oilfield services firm Halliburton for joint development of new well design workflow to automate drilling and completion engineering processes across the well lifecycle.

The new workflow is based on PTTEP well design initiative which will be developed using Landmark Digital Well Program, an application within DecisionSpace 365, which transforms how wells are constructed and delivered by combining a digitalized planning and design process with engineering models on a single and open platform.

Halliburton said that its software will support PTTEP’s new wells drilled and leverage data from more than 1,500 existing wells.

The application will use machine learning and artificial intelligence to reduce planning cycle times, enable automation, facilitate advanced analytics, as well as optimise well design.

Halliburton Asia Pacific senior vice-president Sid Whyte said: “We are excited to collaborate with PTTEP to improve drilling performance.

“Digital Well Program, as an out of the box product with best in class workflows, will allow PTTEP to extend their existing drilling and completions practices for faster and more accurate well delivery.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“This contract demonstrates Halliburton’s commitment to understanding customer challenges and applying the right technology that maximises their asset value.”

Last June, Halliburton introduced its advanced BaraOmni solids control and separation system to help operators reduce costs.

Saudi Aramco awarded a contract to Halliburton to assist in the search for unconventional gas in the Kingdom of Saudi Arabia in May last year.

In January 2017, the company signed a contract with Shell Iraq Petroleum Development to provide drilling services for sustained production at the Majnoon Oil Field, Southern Iraq.