Halliburton announced a strategic collaboration with PETRONAS Carigali Sdn. Bhd. to advance subsurface modeling and reservoir management.
As part of the collaboration, PETRONAS CarigaliSdn. Bhd. will deploy Halliburton Landmark's DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions with the objective to unify exploration and development workflows and accelerate time to first oil.
Halliburton Landmark's next-generation scalable earth modeling and ensemble workflows are a significant evolution from traditional grid-based modeling and deterministic reservoir forecasting. These technologies are intended to enable PETRONAS Carigali sdn. Bhd.
exploration and asset teams to collaborate in real time using a Unified Ensemble Modeling solution, asset teams can automate the generation of multiple probabilistic geological scenarios while integrating real-time reservoir flow data. This approach is designed to enhance forecast precision, accelerate scenario analysis, and improve confidence in decision-making. This collaboration follows a comprehensive benchmarking of PETRONAS' greenfield and mature reservoir practices.
The new approach will incorporate multi-scenario probabilistic modeling, supported by AI and machine learning, envisioned to drive greater efficiency and insight.
