Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Amazon Web Services Data Center Caught Fire Amid Middle East Strikes

March 2, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Halliburton, Petronas announce partnership for subsurface modeling, reservoir management
Executive Moves

Halliburton, Petronas announce partnership for subsurface modeling, reservoir management

omc_adminBy omc_adminJune 19, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Halliburton has entered into a strategic collaboration with Petronas Carigali, a Petronas subsidiary, to advance subsurface modeling and reservoir management. As part of the collaboration, Petronas will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions with the objective to unify exploration and development workflows and accelerate time to first oil. 


Halliburton Landmark’s DecisionSpace geosciences technology

Halliburton Landmark’s scalable earth modeling and ensemble workflows are a significant evolution from traditional grid-based modeling and deterministic reservoir forecasting. These technologies are intended to enable Petronas exploration and asset teams to collaborate in real time using a unified live earth model, with the aim of achieving more accurate reserve estimations through ensemble modeling.

The Geosciences Suite’s scalable earth modeling maintains geological fidelity across all scales—from basin-wide views to individual fields—to ensure consistent data and models flow from exploration to development. This integrated workflow supports faster project maturation through the Front-End Loading process. Using the Unified Ensemble Modeling solution, asset teams can automate the generation of multiple probabilistic geological scenarios while integrating real-time reservoir flow data. This approach is designed to enhance forecast precision, accelerate scenario analysis, and improve confidence in decision-making.

“We transform subsurface modeling through proven differentiated technologies to solve unique challenges,” said Tony Antoun, senior vice president, Landmark Software and Services. “When we unite exploration and development teams, we help our customers generate returns faster and maximize asset value.”

“A harmonized, AI assisted workflow anchored on a single live-earth model across the exploration and development phases is central to our strategy in achieving our ambitious project delivery targets,” said Hazli Sham Kassim, Senior Vice President of Malaysia Asset and CEO of Petronas Carigali.

“Adopting DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions aligns with PETRONAS’ vision to accelerate our project deliveries and ensure seamless continuity from exploration through development and production,” added Petronas Vice President of Exploration, Ahmad Faisal Bakar.

This collaboration follows a comprehensive benchmarking of Petronas’ greenfield and mature reservoir practices. The new approach will incorporate multi-scenario probabilistic modeling, supported by AI and machine learning, envisioned to drive greater efficiency and insight.

 



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

March 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Global oil prices may spike in next few days but calm down in longer term

By omc_adminMarch 2, 2026

Kurt Abraham, Editor-in-Chief, World Oil Well, just when you thought that the global oil market…

Global oil prices may spike in next few days but calm down in longer term

March 2, 2026

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

March 1, 2026

OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply

March 1, 2026
Top Trending

ESG Today: Week in Review

By omc_adminMarch 1, 2026

Winter getting shorter in 80% of major US cities, new data shows | US weather

By omc_adminFebruary 27, 2026

Trump officials move to kill system that protects US from chemical disasters | US Environmental Protection Agency

By omc_adminFebruary 27, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

PDVSA, African Energy Chamber sign MoU to boost oil and gas investment

March 1, 2026

Talos Losses Deepen | Rigzone

March 1, 2026

Tankers Halt Near Hormuz After Attacks

February 28, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.