Halliburton Software Will Ensure Cloud Data Management for Exploration and Production of Spanish Oil Company Repsol
Halliburton announced today a multi-year contract with Repsol to provide a cloud-based master data management solution for exploration and production (E&P) activities. Repsol Oil Company Signs Agreement with WEG for New Projects!
The software as a service allows users to upload, input, manage, and access data from records, wells, and other E&P in different locations to achieve greater efficiency and productivity across Repsol’s asset portfolio.
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As exploration and production challenges intensify, operators need to generate insights to enhance the performance of existing data. Effective E&P data management through a comprehensive cloud solution leads to improved communication, accuracy, and consistency so operators can make better-informed decisions.
Repsol will implement the cloud solution for simultaneous access and management at ten global locations during the first year of the contract, with additional locations to follow. The DecisionSpace® 365 Data Foundation supports data residency and integrates with on-premises applications and data.
“The cloud simplifies and lowers the cost of information management across the well lifecycle, and the DecisionSpace 365® Data Foundation provides true collaboration by making the same data available in context at the right time,” said Nagaraj Srinivasan, Senior Vice President of Landmark and Halliburton Digital Solutions.
“We look forward to working with Repsol to provide a cloud-based data management solution that maximizes the value of their assets”.
Founded in 1919, Halliburton celebrates its 100 years of service as one of the world’s largest providers of products and services to the energy sector. With 60,000 employees representing 140 nationalities in over 80 countries.
The company helps its clients maximize value throughout the reservoir lifecycle – from locating hydrocarbons and managing geological data to drilling evaluation and formation, drilling assessment and formation, well construction and completion, and production optimization throughout the asset’s life.
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