{"id":529655,"date":"2021-08-19T08:03:13","date_gmt":"2021-08-19T12:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-smartfleet-technology-enables-real-time-fracture-control-in-the-permian-basin\/"},"modified":"2021-08-19T08:03:13","modified_gmt":"2021-08-19T12:03:13","slug":"halliburton-smartfleet-technology-enables-real-time-fracture-control-in-the-permian-basin","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-smartfleet-technology-enables-real-time-fracture-control-in-the-permian-basin\/","title":{"rendered":"Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin<\/b><\/p>\n<p class=\"bwalignl\">HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHalliburton Company (NYSE: HAL) announced today a successful execution of its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.halliburton.com%2Fen%2Fproducts%2Fsmartfleet-intelligent-fracturing-system&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=SmartFleet%26%238482%3B&amp;index=1&amp;md5=458b5a6c63a2de29d3b987a0964fdaad\">SmartFleet\u2122<\/a> intelligent fracturing system with a major operator in the Permian Basin.\n<\/p>\n<p>\n\u201cWe view the SmartFleet system as a tool that provides valuable insights into subsurface fracture placement,\u201d said Aaron Hunter, vice president of the Midland Basin for ConocoPhillips. \u201cThese insights lead to informed decisions that improve fracture performance.\u201d\n<\/p>\n<p>\nSmartFleet technology integrates intelligent automation and visualization with subsurface measurements across multiple wells simultaneously to dynamically respond to reservoir behavior. By using the SmartFleet system, operators can achieve real-time control of fracture placement and improve overall completion execution. In addition to optimizing fracture placement across every stage, the SmartFleet system provides real-time insights to manage frac hits and understand the impact they have on fracture performance.\n<\/p>\n<p>\nBased on various successful runs to date across multiple basins, SmartFleet has helped operators:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nImprove cluster uniformity up to 30 percent,\n<\/li>\n<li>\nOptimize stage lengths,\n<\/li>\n<li>\nReduce completion costs up to 25 percent, and\n<\/li>\n<li>\nRealize an uplift in production up to 20 percent.\n<\/li>\n<\/ul>\n<p>\n\u201cUnlike standard task automation, the SmartFleet system applies intelligence and measurements that allow operators to make stage-level decisions that optimize completions in real time,\u201d said Michael Segura, vice president of Production Enhancement for Halliburton. \u201cWith this type of intelligent automation, operators can now instantly see and control fracture outcomes that ultimately lead to improved asset economics.\u201d\n<\/p>\n<p><b>ABOUT HALLIBURTON<\/b><\/p>\n<p>\nFounded in 1919, Halliburton is one of the world&#8217;s largest providers of products and services to the energy industry. With more than 40,000 employees, representing 130 nationalities in more than 70 countries, the Company helps its customers maximize value throughout the lifecycle of the reservoir \u2013 from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.halliburton.com%2F&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=www.halliburton.com&amp;index=2&amp;md5=623582a72501a4aa830417ca0a949ccb\">www.halliburton.com<\/a>. Connect with Halliburton on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fhalliburton&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=Facebook&amp;index=3&amp;md5=231110669efcf980c995634457e8d64d\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FHalliburton&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=8dce9e1c62952ee3a437c2192080cbef\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fhalliburton&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=5&amp;md5=630b4b7a155fdf98a8985ee297a272ac\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fhalliburton%2F&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=Instagram&amp;index=6&amp;md5=9cb2c31639e6a578d9c3524977c6fb56\">Instagram<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fuser%2FHalliburton&amp;esheet=52479212&amp;newsitemid=20210819005117&amp;lan=en-US&amp;anchor=YouTube&amp;index=7&amp;md5=2c40f268cf9e4689e7f3ea721c46f6af\">YouTube<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210819005117r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210819005117\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210819005117\/en\/<\/a><\/span><\/p>\n<p><b>For Investors:<br \/>\n<\/b><br \/>Abu Zeya<br \/>\n<br \/>Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@halliburton.com\">investors@halliburton.com<br \/>\n<\/a><br \/>281-871-2688\n<\/p>\n<p><b>For News Media:<br \/>\n<\/b><br \/>Erin Fuchs<br \/>\n<br \/>External Affairs<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:pr@halliburton.com\">pr@halliburton.com<br \/>\n<\/a><br \/>281-871-2601\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Energy Data Management Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210819005117\/en\/809195\/3\/HAL_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin HOUSTON&#8211;(BUSINESS WIRE)&#8211; Halliburton Company (NYSE: HAL) announced today a successful execution of its SmartFleet\u2122 intelligent fracturing system with a major operator in the Permian Basin. \u201cWe view the SmartFleet system as a tool that provides valuable insights into subsurface fracture placement,\u201d said Aaron Hunter, vice president of the Midland Basin for ConocoPhillips. \u201cThese insights lead to informed decisions that improve fracture performance.\u201d SmartFleet technology integrates intelligent automation and visualization with subsurface measurements across multiple wells simultaneously to dynamically respond to reservoir behavior. By using the SmartFleet system, operators can achieve real-time control of fracture placement and improve overall completion execution. In addition to optimizing fracture placement across every stage, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-smartfleet-technology-enables-real-time-fracture-control-in-the-permian-basin\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-529655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-smartfleet-technology-enables-real-time-fracture-control-in-the-permian-basin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Halliburton SmartFleet Technology Enables Real-Time Fracture Control in the Permian Basin HOUSTON&#8211;(BUSINESS WIRE)&#8211; Halliburton Company (NYSE: HAL) announced today a successful execution of its SmartFleet\u2122 intelligent fracturing system with a major operator in the Permian Basin. \u201cWe view the SmartFleet system as a tool that provides valuable insights into subsurface fracture placement,\u201d said Aaron Hunter, vice president of the Midland Basin for ConocoPhillips. \u201cThese insights lead to informed decisions that improve fracture performance.\u201d SmartFleet technology integrates intelligent automation and visualization with subsurface measurements across multiple wells simultaneously to dynamically respond to reservoir behavior. By using the SmartFleet system, operators can achieve real-time control of fracture placement and improve overall completion execution. 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By using the SmartFleet system, operators can achieve real-time control of fracture placement and improve overall completion execution. 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