Halliburton 2021 Annual & Sustainability Report Environmental 43 Digital Transformation Halliburton deploys digital technology across all Halliburton 4.0 business lines and geographies to improve efficiencies and outcomes. Many of these capabilities reduce GHG In 2021, Halliburton 4.0 accelerated our digital approach emissions through optimization and efficiencies and over the well lifecycle including subsurface, well provide high-quality data for enhanced decision-making construction, reservoir and production, and our and continuous improvement. own enterprise. Digital unlocks the potential to structurally lower costs, Our deployment of software, hardware, AI, machine shorten time to first oil, increase efficiency in exploration learning, and sensors gives us access to more data and and production, and enhance performance across the operational insight than ever before. This data allows entire value chain. us to improve project planning, design, and execution; monitor and optimize operations in real time; enhance In 2021, the Company made great strides in our digital decision-making; shift to automated controls and remote transformation by developing, deploying, and maturing operations; make data more accessible to all business Halliburton 4.0. units; and advance data storage and data analytics capabilities — all while enabling a more collaborative, Well Construction 4.0: connected workforce. Digitally Transforming the Well Halliburton 4.0 increases efficiency, saves costs, and Construction Lifecycle mitigates health and safety risks associated with manual labor. It also reduces our environmental impact through With digitally enhanced well construction, we the elimination of paper waste and the reduction of reduce costs and planning time and optimize personnel required to work at wellsites, which means well design and placement to improve drilling fewer emissions associated with transportation, lodging, performance for a safer, more productive well. and sustenance on both land and offshore settings. Well Construction 4.0 incorporates all of Launched in the first quarter of 2021, our new Halliburton’s digital technologies and allows cloud-based platform, Real-Time-as-a-Service (RTS), integration and collaboration between our well uses modern digital technology to stream real-time data engineering applications, such as Digital Well to all employees and customers who have subscribed to ® these feeds and are authorized to receive them. Program and Digital Well Operations, as well as any third-party applications that an operator or A customer in Norway, the first operator to adopt RTS, contractor may use. These technological advances uses the platform to monitor six offshore rigs. In the enabled us to reduce well planning and design time customer’s experience, RTS is 83% faster than our legacy by up to 80% in the North Sea. real-time system, with uptime reliability of nearly 99.9%. Well Construction 4.0 automates many drilling Equally important, RTS is less energy intensive than its processes. In a mature field in the Middle East, predecessor, relying on cloud computing that can be Halliburton improved drilling performance and scaled up or down based on consumer demand. shortened drilling time by 43% by integrating our As a result of using RTS, Halliburton retired a number of Cerebro® In Bit Sensing, Logix™ Automated Drilling Solution, N-Flow™ 325 filter cake breaker, Pason on-premise data centers that had dedicated services and AutoDriller, and project management services. reduced personnel required to keep the legacy real-time system functional. Our goal is to convert 100% of our Additionally, with our remote operations, Well real-time requirements to the RTS platform in the first Construction 4.0 helps reduce the number of half of 2022. people required on-site. For the first two sections For more information about Halliburton 4.0, of a job at an offshore rig in Southeast Asia, please visit the Halliburton 4.0 page on our website. Halliburton decreased the number of people at the wellsite by 21%, which also reduced helicopter rides and international commercial flights to the rig.
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