Halliburton Co. will work with the Petrobras-led Libra Consortium to develop a digital twin for the Mero unitized field in the Libra Block offshore Brazil, Halliburton announced Dec. 11.
The digital twin for the pre-salt field system is expected to help the consortium reduce capital expenditures, accelerate production times and improve crude oil recovery rate using insights obtained in a real-time environment.
The digital twin is a virtual representation of the physical asset that replicates its behavior and characteristics, allowing operators to run “what if” scenarios to improve decision-making and maximize operational predictability for optimal field development.
Halliburton and Libra Consortium will develop an integrated and dynamic digital twin of the production system, including the reservoir, wells and subsea network. The digital twin will bring together asset sensors, data, and models, including 4D seismic, and smart completions through systems with a real-time view of the reservoir, wells, and facilities. According to Halliburton, this will assist with asset characterization, proactive reservoir monitoring, and planning and optimizing asset operations.
First production to the FPSO Marechal Duque de Caxias in 7,200 ft water depth is expected in 2024 from Phase 3 of the Mero development in the Santos Basin.
Petrobras operates the Mero unitized field in partnership with Shell Brasil, TotalEnergies, CNPC and CNOOC, and with Pré-Sal Petróleo SA (PPSA) representing the government in the non-contracted area.
Recommended Reading
Chesapeake, Awaiting FTC's OK, Plots Southwestern Integration
2024-04-01 - While the Federal Trade Commission reviews Chesapeake Energy's $7.4 billion deal for Southwestern Energy, the two companies are already aligning organizational design, work practices and processes and data infrastructure while waiting for federal approvals, COO Josh Viets told Hart Energy.
Exclusive: Sabine CEO says 'Anything's Possible' on Haynesville M&A
2024-04-09 - Sabine Oil & Gas CEO Carl Isaac said it will be interesting to see what transpires with Chevron’s 72,000-net-acre Haynesville property that the company may sell.
Exclusive: Tenaris’ Zanotti: Pipes are a ‘Matter of National Security’
2024-04-12 - COVID-19 showed the world that long supply chains are not reliable, and that if oil is a matter of U.S. national security, then in turn, so is pipe, said Luca Zanotti, U.S. president for steel pipe manufacturer Tenaris at CERAWeek by S&P Global.
Exclusive: Liberty CEO Says World Needs to Get 'Energy Sober'
2024-04-02 - More money for the energy transition isn’t meaningfully moving how energy is being produced and fossile fuels will continue to dominate, Liberty Energy Chairman and CEO Christ Wright said.
Exclusive: Calling on Automation to Help with Handling Produced Water
2024-03-10 - Water testing and real-time data can help automate decisions to handle produced water.