New Technology Magazine

The latest issue

Halliburton Awarded $140 Million Contract By Saudi Aramco

[Daily News] Halliburton -- through its Halliburton Energy Services and Landmark Graphics business units -- has been awarded a contract to provide services for the Saudi Arabian Oil Company's Qatif field development project in the eastern province of Saudi Arabia.
The initial scope of the three-year project to drill producing oil and water wells will include using a wide range of technologies, such as drilling optimization software and extended-reach drilling and the installation of several multilateral systems.

"Halliburton is pleased and excited to partner with Saudi Aramco to develop the Qatif field," Edgar Ortiz, president and chief executive officer of Halliburton's Energy Services Group, said in a prepared release. "The project will require a close working relationship between the two companies and will require cross-functional cooperation in applying appropriate technology with first class execution in a safe and timely manner."

The exclusive contract with Saudi Aramco will include Halliburton Energy Services' full complement of well construction, reservoir evaluation, and completion services, as well as Landmark Graphics' geophysical, geological, and drilling software.

To reduce the total number of drilling locations and to minimize environmental impact, multiple wells will be directionally drilled from a single drilling pad. Extended-reach drilling techniques -- using Halliburton's SlickBore matched drilling system -- and the company's multilateral technologies will expose a greater amount of the reservoir, Halliburton said.

To minimize the amount of personnel traffic to and from the wellsite, Halliburton's INSITE rig information and RESolution 3D systems will be used to transmit real-time data from the rig into the operator's office.
You are here: Home Arrow Archived News Arrow Halliburton Awarded $140 Million Contract By Saudi Aramco

  • Twitter Feed

  • Blog

New Twitter Updates

msmith Solaris Deploys Five Million Pound Mobile Frac Sand Storage And Delivery System http://t.co/SjrNKg1Ee6 oilandgas http://t.co/ECrNUiJA8d
Monday, 10 August 2015
msmith Acacia Subsidiary Collaborates With Packers Plus For Licensing Of Multi-Zonal Completion Technology http://t.co/qkiP7hy53H oilandgas
Monday, 10 August 2015
msmith Schlumberger Launches Industry-First Multiclient Wide-Azimuth Deepwater Seismic Survey In Mexican Waters http://t.co/u64BefetQp oilandgas
Monday, 10 August 2015
msmith Ener-Core Receives Purchase Order From Dresser-Rand For Two Units Of Its Next-Generation Power Oxidizers http://t.co/a7VB7KMLM3 oilandgas
Monday, 10 August 2015
msmith GE Announces Predix Cloud - The World’s First Cloud Service Built For Industrial Data And Analytics http://t.co/1FSv265SIb oilandgas IoT
Monday, 10 August 2015