October 13, 2020

Neptune Energy is to adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and reduce non-productive time.

The three-year agreement – part of Neptune’s digital subsurface programme – will create a platform for Neptune’s digital well program, and lead to potential annual savings of more than US$20 million. The program aims to reduce the duration for planning wells from weeks to days, automate engineering calculations and consolidate data currently held across multiple global locations into one.

Moving to a cloud-based solution will enable Neptune to incorporate artificial intelligence, machine learning and data analytics to solve upstream challenges and support the company’s overall digital transformation. Read more…