(PN) Halliburton announced today a new contract with the Libra consortium, which is led by Petrobras. Under the agreement, Halliburton will develop a digital twin for a system in the Mero field, in the Santos Basin pre-salt.
In a statement to the market, the company states that the technology will help the consortium to “reduce capital expenditure, accelerate production times and improve the rate of crude oil recovery using new insights obtained in a real-time environment”. The Libra consortium is operated by Petrobras, in partnership with Shell Brasil, TotalEnergies, CNPC and CNOOC, and with Pré-Sal Petróleo SA (PPSA) representing the Government in the non-contracted area.
Halliburton and the consortium will develop an integrated and dynamic digital twin of the production system, including reservoir, wells and subsea network. It will bring together sensors, data and asset models, including 4D seismic and smart completions through systems with real-time views of the reservoir, wells and facilities. This will help with asset characterization, proactive reservoir monitoring, and planning and optimization of asset operations.
“This dynamic system will empower the consortium with comprehensive and continuous insights into optimization opportunities, cost reduction potential and uncertainty mitigation throughout the asset lifecycle,” said Landmark Senior Vice President Nagaraj Srinivasan. Landmark is the Halliburton department that develops Digital Solutions. “The Mero unitized field digital twin reiterates Landmark’s leadership in leveraging E&P digital and cloud solutions to revolutionize reservoir performance and asset optimization,” he added.
Leave a comment