PT Pertamina has signed a memorandum of understanding (MOU) with global drilling giant Halliburton to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia.
Under the MOU, the two companies will evaluate opportunities for various advanced well services, Halliburton reported in a media statement.
This will include: multi-stage hydraulic fracturing, acid stimulation, advanced cementing services, as well as the potential application of closed-loop automation and artificial intelligence capabilities to improve drilling and fracturing performance in selected onshore fields.
According to Simon A. Mantiri, president director of PT Pertamina, the collaboration forms an integral part of the Indonesian state energy firm’s sustainable transformation of upstream production, increasing national lifting and ensuring reliable energy supply.
“With the support of advanced technology and global expertise, we are confident that mature fields can be revitalised and optimised to unlock their full potential, enabling the fields to, once again, be productive and contribute to national energy production,” he said.
Martin White, senior vice president, Asia Pacific, Halliburton, said his team brings global experience to local field operations to improve stimulation effectiveness and optimise production.
“Halliburton integrates proven unconventional methodologies with localised reservoir insights to improve performance, strengthen local capabilities, and deliver technology-based solutions that maximise asset value for our customers,” he noted.
“The MoU also expands Halliburton’s unconventional completions footprint in Indonesia and emphasises how the company’s collaborative approach maximises asset value.”
