ConocoPhillips Skandinavia has entrusted Halliburton to execute an ambitious multi-year contract that will transform offshore well stimulation operations in the North Sea. offshore well stimulation operations in the North Sea.. The alliance provides for five years of performance with the possibility of extending for three additional periods.
ConocoPhillips bets on digital offshore wells
The centerpiece of the agreement will be the conversion of the Tidewater-owned vessel North Pomor into a specialized offshore stimulation unit. offshore stimulation unit. This vessel will be equipped with state-of-the-art digital technology, including Halliburton’s Octiv solution. Halliburton’s Octivdesigned to improve well flow through controlled, efficient and automated fracturing.
The company has emphasized that this award reinforces its focus on integrated solutions that optimize production in complex reservoirs.
The combination of technology, automation and safety will make the difference in this challenging maritime environment.
According to Mark Dawson, senior vice president of Halliburton’s completion and production division.
Octiv technology and automation
Halliburton’s Octiv platform incorporates digital tools for real time real-time monitoringThis allows adjusting stimulation parameters during the operation. This translates into more precise interventions and greater exploitation of the productive potential of the reservoirs.
The contract also underscores the continuity of a long-term relationship between the two companies in the North Sea region. For Halliburton, it represents a validation of its leadership in completion technologies and its ability to operate in demanding offshore environments.
A strategic move to maximize value in mature fields
The need to revitalize mature producing fields in the North Sea has driven operators such as ConocoPhillips to seek solutions that integrate technology, efficiency and low operational risk. In this scenario, Halliburton’s expertise and its approach to process digitization become key assets for achieving greater hydrocarbon recovery.
On North Pomoronce transformed, will be a strategic piece for completion and stimulation operations, allowing a faster, safer and more efficient execution, with positive impacts on the operational continuity of the region.
Source and photo: Halliburton