Microsoft, Halliburton partner to bring oil & gas to digital era
Alliance to apply machine learning, augmented reality and IoT technology to key industrial sector
Halliburton and Microsoft are combining forces to deliver integrated technology solutions across the energy value chain.
The alliance will see Haliburton, which offers a broad range of exploration and production (E&P) science, software and services, leverage Microsoft technologies in machine learning, augmented reality (AR), user interactions and industrial Internet of Things, as well as Azure's cloud capabilities.
Areas of collaboration include: applying deep learning to reservoir characterisation, modelling and simulation, building domain-specific visualisation for mixed reality, creating interactive applications and Partnership will fuel the digitalisation of exploration and production assets.
As a first step in the alliance, Halliburton has made DecisionSpace 365 available on Azure, enabling real-time data streaming from IoT edge devices in oilfields and the ability to apply deep-learning models to optimise drilling and production to lower costs for customers.
DecisionSpace on Azure will enable big compute and predictive deep-learning algorithms to help optimise field assets and enable next-generation exploration and deep-earth models by using software to fill gaps in sensor data, while reducing the number of steps and time required to render models.
Further along, the companies want to apply voice and image recognition, video processing and AR/Virtual Reality to create digital representations of physical assets using Microsoft’s HoloLens and Surface devices. Additionally, the companies will utilise digital representation for oil wells and pumps at the IoT edge using the Landmark Field Appliance and Azure Stack.
Microsoft Azure will also become Halliburton’s preferred public cloud provider for iEnergy, the latter’s global E&P cloud.
Jason Zander, corporate vice president of Microsoft Azure said: "We are excited to bring the power of Azure’s hyperscale, hybrid and global cloud platform technologies to this alliance to enhance the value chain for our mutual customers."
Nagaraj Srinivasan, senior vice president of Landmark and Halliburton Digital Solutions said Halliburton is at the forefront of the digital transformation occurring in the E&P industry. “We believe open architecture and community-based innovation are necessary to drive this fundamental change and we’re proud to work closely with an industry leader like Microsoft to deliver tailored E&P digital business solutions to our customers across the globe,” he added.