Microsoft and Halliburton collaborate to advance digital transformation in oil and gas

Microsoft and Halliburton have struck a strategic alliance designed to drive digital transformation in oil and gas.

Researchers and engineers from both companies will optimize Microsoft technologies in machine learning, augmented reality (AR), user interactions and Industrial Internet of Things, as well as Azure’s infrastructure and computing capabilities, to deliver integrated solutions, the companies said.

Areas of collaboration include: applying deep learning to reservoir characterization, modelling and simulation, building domain-specific visualization for mixed reality, creating highly interactive applications and fuelling the digitalization 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 optimize drilling and production to lower costs for customers, the companies said in a statement.

With DecisionSpace on Azure, big compute and predictive deep-learning algorithms will help optimize 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, they said.

The collaboration will allow the companies to apply voice and image recognition, video processing and AR/Virtual Reality to create a digital representation of a physical asset using Microsoft’s HoloLens and Surface devices.

The companies will also utilize digital representation for oil wells and pumps at the IoT edge using the Landmark Field Appliance and Azure Stack.

Microsoft Azure will become Halliburton’s preferred public cloud provider for iEnergy, the oil and gas industry’s first global E&P cloud linking the oilfield to the office.

“Halliburton is focused on delivering intelligent cloud solutions to drive the next generation of efficient oil and gas exploration and production,” said Jason Zander, corporate vice-president of Microsoft Azure.

“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,” added Nagaraj Srinivasan, senior vice-president of Landmark and Halliburton Digital Solutions.

You can read more of the news on source

Related posts