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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing [Yahoo! Finance]
Last chevron corporation earnings: 5/1 06:45 am
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US:NYSE Investor Relations: chevron.com/investors
developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention. The capability enhances the previous implementation of autonomous hydraulic fracturing technology. Chevron recognizes the importance of efficiency and consistency during fracture execution. In addition, the company has placed an emphasis on the added control functionality that these new technologies provide. Leveraging digital automation and real-time feedback from the subsurface, Chevron and Halliburton jointly developed autonomous workflows that adjust completion behavior with the goal of improving asset performance. A combination of technologies from the wellsite to the cloud is required to enable this new approach to intelligent completions. Halliburton's ZEUS IQ ™ intelligent fracturing platform , comprise
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