Pertamina and Halliburton partner to assess technologies for improving oil and gas production in Indonesia

Pertamina and Halliburton intend to evaluate the application of multi-stage hydraulic fracturing, acid stimulation, and advanced cementing techniques. Halliburton will bring their global unconventional completion methodology and combine it with the localized knowledge of the Indonesian geology to develop solutions. Halliburton intends to integrate closed-loop automation and artificial intelligence into the drilling and fracturing processes. Pertamina views this collaboration as one of several initiatives designed to advance their overall transformation strategy, aiming to increase national oil and gas lifted and increase long-term energy security. The MOU does not provide answers to the critical question of the extent to which these technologies can be scaled across Indonesia’s onshore portfolio. The evaluation of advanced stimulation and automation technologies to enhance the performance of mature reservoirs could represent the beginning of a new era over the course of the next year. Quotes: "Pertamina and Halliburton intend to evaluate the application of multi-stage hydraulic fracturing, acid stimulation, and advanced cementing techniques.", "Halliburton will bring their global unconventional completion methodology and combine it with the localized knowledge of the Indonesian geology to develop solutions based on the best of both worlds.", "Halliburton intends to integrate closed-loop automation and artificial intelligence into the drilling and fracturing processes.", "the management team at Pertamina views this collaboration as one of several initiatives designed to advance their overall transformation strategy.", "According to Pertamina, the strategy is to increase the amount of national oil and gas lifted and increase long-term energy security.", "the MOU does not provide answers to the critical question of the extent to which these technologies can be scaled across Indonesia’s onshore portfolio.", "Over the course of the next year, the companies’ evaluation of the use of advanced stimulation and automation technologies to enhance the performance of mature reservoirs could represent the beginning of a new era."