Halliburton (HAL), Wintershall Collaborate on UEM Solution [Yahoo! Finance]
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Halliburton Company (HAL)
Last halliburton company earnings: 4/20 06:45 am
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Source: Yahoo! Finance
Wintershall Dea GmbH have announced a significant license agreement. Under this agreement, Wintershall Dea will employ the new Unified Ensemble Modeling (UEM) solution from Halliburton Landmark, a subsidiary of Halliburton, in the drilling campaign at the Maria Field in 2025. This innovative approach integrates static and dynamic data in real time to represent subsurface conditions across multiple scales. This development is crucial for optimizing reservoir recovery under uncertainty. The Significance of UEM Integrating Static and Dynamic Data The UEM solution marks a revolutionary advancement in reservoir modeling. UEM provides a comprehensive and real-time representation of subsurface conditions by integrating static and dynamic data. This integration allows for the consistent incorporation of geologic uncertainties, which is essential for creating accurate reservoir models. Improving Reservoir Recovery The ability to accurately model reservoirs under uncertainty is vita
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News
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- Halliburton Second Quarter 2024 Earnings Conference CallBusiness Wire
HAL
Earnings
- 4/23/24 - Beat
HAL
Sec Filings
- 5/31/24 - Form SD
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- HAL's page on the SEC website