News listings

energy-pedia general news

Halliburton Landmark’s unified ensemble modeling solution to be used by Wintershall Dea


22 May 2024

Photo - see caption

Halliburton Company and Wintershall Dea have announced a license agreement under which Wintershall Dea will use Halliburton Landmark’s new Unified Ensemble Modeling (UEM) solution. UEM is an innovative approach that for the first time simultaneously integrates static and dynamic data in real time to represent subsurface conditions across multiple scales. This method improves the accuracy of reservoir models by consistently incorporating geologic uncertainties, making UEM vital to optimize reservoir recovery under uncertainty.

The first application of DecisionSpace® 365 will be deployed in Norway’s Maria Offshore Field. UEM allows Wintershall Dea to continuously update their risk assessments for active drilling programs after drilling each new well. This continuous cycle of evaluation and adjustment is critical to increase drilling efficiency, reduce costs, and improve worker safety.

'The ability to update a drilling target and its uncertainties in real time provides operators unparalleled decision-making capabilities', said Nagaraj Srinivasan, senior vice president, Landmark, Halliburton Digital Solutions and Consulting. 'By updating earth models at speeds never before possible with well data acquired while drilling, Wintershall Dea will align subsurface and drilling objectives, thereby improving well productivity at a lower cost.'

The real-time drilling data will enrich Wintershall Dea’s database and help to refine model realizations and uncertainties. This rapid pace of model updates is made possible through Landmark’s unique ensemble-based technologies and workflows.

'Our collaboration with Halliburton Landmark’s Reservoir Center of Excellence is essential in developing a premier set of tools for informed decision-making under uncertainty while drilling. We are eager to implement this solution in the forthcoming drilling campaign at Maria Field in 2025', said Bastian Köhrer, Wintershall Dea Subsurface Manager of the Maria Phase 2 Project.

Learn more about Halliburton Landmark and its software solutions.

Original announcement link

Source: Halliburton





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Telos NRG
Borchwix
Union Jack Oil 149
OPC
energy365
Merlin
Rose & Assocs
Syntillica
Bayphase
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com