Halliburton and Indonesia’s state-owned energy company PT Pertamina signed a memorandum of understanding (MoU) for the deployment of advanced well construction and stimulation technologies in Indonesia.
Under the terms of the MoU, Pertamina and Halliburton will evaluate opportunities for multi-stage hydraulic fracturing, acid stimulation, advanced cementing services, as well as the potential application of closed-loop automation and artificial intelligence capabilities to improve drilling and fracturing performance in onshore fields.
Simon Mantiri, President Director of PT Pertamina, said: “The cooperation forms an integral part of Pertamina’s sustainable transformation of upstream production, increasing national lifting and ensuring reliable energy supply.
“With the support of advanced technology and global expertise, we are confident that mature fields can be revitalised and optimised to unlock their full potential, enabling the fields to, once again, be productive and contribute to national energy production.”
The agreement expands Halliburton’s unconventional completions footprint in Indonesia and highlights the company’s collaborative approach to maximising asset value.
Martin White, senior vice president, Asia Pacific, Halliburton, said: “Halliburton integrates proven unconventional methodologies with localised reservoir insights to improve performance, strengthen local capabilities, and deliver technology-based solutions that maximise asset value for our customers.
“Our team brings global experience to local field operations to improve stimulation effectiveness and optimise production.”
Pertamina is developing the Rokan block located on Sumatra island, aiming to produce one million barrels of crude oil per day.
