By Sergio Chapa
Published 9:13 am CDT, Thursday, July 18, 2019
Houston oilfield service company Halliburton has gone 3D with new technology that enables geologists to analyze a formation’s properties while drilling.Houston oilfield service company Halliburton has gone 3D with new technology that enables geologists to analyze a formation’s properties while drilling.
Houston oilfield service company Halliburton has gone 3D with new technology that improves how geologists analyze a formation’s properties during the drilling process.
The company’s new 3D reservoir mapping technology is being touted as a “logging-while-drilling” tool that creates detailed representations of underground structures and formations.
Using an advanced reservoir mapping process, the tool reveals often-overlooked features such as faults, water zones or structural variations that can alter the underground path of a well.
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Lamar Duhon, vice president of the Halliburton subsidiary Sperry Drilling, said in a statement that the 3D technology maximizes a well’s contact with oil and natural gas reserves while mapping the surrounding formation for future development.
“This unique technology moves beyond layered reservoir models to full 3D characterization of the reservoir, enabling accurate well placement,” Duhon said. “In complex formations, visualizing data in a 3D environment helps operators significantly enhance reservoir understanding to drive better drilling decisions and maximize asset value.”
Founded in 1919 and headquartered in Houston, Halliburton has more more than 60,000 employees in 80 nations.
The company posted a $1.66 billion profit on $24 billion of revenue in 2018.
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