Halliburton (NYSE: HAL) announced a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil, the result of a competitive process. The contract scope includes drilling services for development and exploration wells over a three-year period.
In this contract, Halliburton will provide iCruise庐 intelligent rotary steerable system (RSS) to reduce well time and place wells accurately, and LOGIXTM automation and remote operations platform to improve well construction consistency and performance. Halliburton will also provide its ultra-deep resistivity service, EarthStar庐, to position production boreholes and map reservoirs.
To address the technical limits of drilling fluids in offshore areas, Halliburton will deploy its BaraLogix庐 real-time service to reduce lost time through advanced hydraulic software, surface measurement automation, and predictive analytics.
Halliburton will also utilize several other exclusive technologies such as Cerebro庐 in-bit sensing and introduce innovative solutions such as the Reservoir Xaminer鈩� formation testing service. This service detects structural reservoir complexities and drives more informed decisions in drilling, completion, and production.
"This contract demonstrates Halliburton鈥檚 strength in deep and ultra-deep offshore drilling and well construction," said Waldomiro Mendes, vice president, Brazil, Halliburton.
The contract, expected to begin in 2025, represents Halliburton鈥檚 largest service contract with Petrobras. This significantly expands Halliburton's drilling services footprint in the pre-salt and post-salt areas for both development and exploration wells.