HAL - Halliburton Aker to co-develop field development planning software
Halliburton (NYSE:HAL) and Norwegian oil and gas explorer Aker BP have collaborated to develop next generation field development planning software. The collaboration will deliver a new cloud-based field development planning (FDP) and also expands the scope of Digital Well Program, a DecisionSpace 365 open architecture cloud application. FDP will be built on the OSDUTM Data Platform and convert the manual collation of field development data iinto an automated, efficient and auditable process. Jeff Miller, Halliburton Chairman and CEO, said: "FDP creates a holistic view of field development and well construction, which will allow Aker BP to make more informed and expediated subsurface and reservoir/production decisions to optimize its investment and maximize the return on its assets."
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Halliburton, Aker to co-develop field development planning software