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Halliburton signed a contract with the Libra consortium, led by Petrobras, to develop a digital twin in the Mero field, Santos Basin. The technology aims to reduce expenses, accelerate production and improve oil recovery.
In an announcement made last Monday, (11/12), Halliburton, a renowned services company for the Oil and Gas, revealed a new contract signed with the Libra consortium, led by Brazilian giant Petrobras. The agreement provides for the development of a technology known as digital twin, for a system in the Mero field, located in the pre-salt of the Santos Basin.
Development of digital twin in Campo de Mero promises advances in the oil industry
Second official statement released by Halliburton, the technology to be implemented will play a crucial role in helping the Libra consortium.
Enabling “reduced capital expenditures, accelerated production times and improved crude oil recovery rate by utilizing new insights gained in a real-time environment.”
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The Libra consortium, composed of Petrobras, Shell Brasil, TotalEnergies, CNPC, CNOOC, and with Pré-Sal Petróleo SA (PPSA) representing the Government in the non-contracted area, has Petrobras as its main operator.
The collaboration between Halliburton and the consortium aims to develop an integrated and dynamic digital twin of the production system, spanning reservoir, wells and subsea network.
Halliburton and Consórcio de Libra transform operations in the Pre-Salt with technological innovation
This innovative project will unite sensors, data and asset models, incorporating elements such as 4D seismic and intelligent completions through systems with a real-time view of the reservoir, wells and facilities.
The purpose is to facilitate asset characterization, enable proactive monitoring of reservoirs and optimize asset operations through strategic planning.
Nagaraj Srinivasan, senior vice president of Landmark, Halliburton's Digital Solutions department, highlighted the importance of the project: “This dynamic system will empower the consortium with comprehensive and continuous insights into optimization opportunities, cost reduction potential and mitigation of uncertainties throughout the asset life cycle.”
Landmark, according to Srinivasan, reiterates its leadership in leveraging digital and cloud solutions to revolutionize reservoir performance and asset optimization.
What is a digital twin and how does it work?
