Oilfield giant focuses on data-infused tech for better recovery

By Staff | April 12, 2017

One of the largest shale service providers in the world is focused on improving its use of data to help its producer clients continue their efforts in places like the Bakken, Permian or Eagle Ford.

David Adams, senior vice president of completion and production for Halliburton Co., recently detailed his team’s view on what it needs to do to continue to drive innovation. Adams believes there is still a tremendous amount of room for improvement with oil recovery rates. Because of that belief, he said his team is focused on several key tech-related areas that could increase recovery rates, including: integrated data and analytics, shifting from more tech features to higher reliability and lower costs, and working at a faster pace to bring innovation into the field.

As an example of how his team has or wants to continue to operate, Adams explained the use of integrated sensor diagnostics for downhole operations. Sensors on wireline or casing can provide greater understanding of reservoir modeling. In one case, an unnamed operator had 240,000 acres to develop that the operator thought would need 1,000 well spacing to effectively drain the reservoir below the acres. Through permanent fiber optics and ISD, Halliburton determined that the proper spacing should have been 600 foot. If the 1,000-foot spacing would have been used, Adams said roughly 40 percent of the reserves under the acreage would have been unrecovered.

Halliburton is also looking to gather and utilize more data from its equipment. Frack equipment is now in some cases equipped with sensors. The sensors help to monitor, in real-time, the health of the equipment. Algorithms are fed with data from the sensors and maintenance can be performed on the equipment based on when the equipment needs it as opposed to a traditional maintence schedule that is based only on regularly scheduled intervals.

The company is also working to create a digital oilfield that generates massive amounts of data. To do that, Halliburton is working to make smarter hardware, connect more equipment, integrate equipment into the cloud and generate data for analytics platforms. In some cases, the team has even spent time in Silicon Valley working with tech companies to see what it might be able to implement in the oilfield.