Houston oil field service company Halliburton landed a contract to add cloud computing technology that will improve production at offshore rigs in Thailand.
Financial terms were not disclosed but Halliburton announced Tuesday that PTTEP, a national petroleum exploration and production company in Thailand, awarded a contract to design and implement a series of digital transformation projects.
Under the contract, Halliburton subsidiary Landmark will deploy its DecisionSpace Production Suite software at four offshore fields — Arthit, Greater Bongkot South, Greater Bongkot North and the Myanmar Zawtika Field.
Using cloud computing technology, data will be stored and analyzed on web-based servers rather than physical servers aboard the offshore production platforms.
The software was designed to apply advanced physics and data science models to monitor the offshore wells and flag issues that will help PTTEP engineers improve oil and natural gas production.
“Effectively leveraging and implementing digital technologies improves efficiency to increase production, reduce operating expenses and maximize the value of the operator’s portfolio,” said Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions.
This article first appeared on the Houston Chronicle – an Energy Voice content partner. For more from the Houston Chronicle click here.