Halliburton will provide its iCruise intelligent rotary steerable system (RSS) to reduce well time and place wells accurately. (Source: Shutterstock)
Halliburton Co. has been awarded a three-year contract from Petrobras, Brazil’s state-controlled oil company, for integrated drilling services across several offshore fields in Brazil, Halliburton said Jan. 30.
The contract, expected to begin in 2025, represents Halliburton’s largest service contract with Petrobras. Halliburton said the contract expands its drilling services footprint in the presalt and post-salt areas for both development and exploration wells.
Halliburton will provide its iCruise intelligent rotary steerable system (RSS) to reduce well time and place wells accurately and its LOGIX automation and remote operations platform to improve well construction consistency and performance, Haliburton said.
The company said it will also provide its ultra-deep resistivity service, EarthStar, to position production boreholes and map reservoirs, among other exclusive technologies.
"This contract demonstrates Halliburton’s strength in deep and ultra-deep offshore drilling and well construction," said Halliburton’s Waldomiro Mendes, vice president, Brazil.
Recommended Reading
The Midland—Oxy’s Second Growth Engine—Already Purring
2024-12-04 - From 18,000-ft laterals to new exploration in the Emma Barnett, Thaimar Ramirez, president and general manager of Oxy’s Midland Basin Business Unit, detailed the integration of its $12 billion CrownRock takeover.
Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway
2024-11-26 - With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.
Exclusive: Surge Energy Seeks Midland M&A with $1.3B in Dry Powder
2024-11-19 - Surge Energy is one of the largest private oil producers in the Permian Basin. With $1.3 billion in dry powder to put to work, Surge is scouring the northern Midland Basin for M&A, executive Travis Guidry told Hart Energy.
Shale Outlook Permian: The Once and Future King Keeps Delivering
2025-01-11 - The Permian Basin’s core is in full-scale manufacturing mode, with smaller intrepid operators pushing the basin’s boundaries further and deeper.
Shale Consolidation Aftermath: The Field Narrows
2025-01-13 - Widespread consolidation has reshaped the list of top public producers, says Enverus CEO Manuj Nikhanj.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.