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FOR IMMEDIATE RELEASE: July 18, 2003
LANDMARK RELEASES OPENWELLS
- E&P industry's leading integrated technology for real-time drilling and well services data management -
HOUSTON, Texas - Landmark Graphics Corporation, a wholly owned business unit of Halliburton (NYSE:HAL), today announced the release of OpenWells™, a next-generation technology for wellsite operations reporting and analysis. OpenWells is a fully integrated, comprehensive operations reporting and engineering data management solution that offers both drilling and well services reporting. This new technology was designed to tightly integrate with other industry leading Landmark drilling and well services applications, including COMPASS™, WELLPLAN™, CasingSeat™, StressCheck™, as well as Landmark's state-of-the-art earth model visualization system, AssetView™ and 3D DrillView™ KM.
"OpenWells is based on the industry's need for a fully integrated drilling and well services data management system," said Andy Lane president and CEO of Landmark. "Landmark's OpenWells is the industry's first user-configurable operations data management tool that integrates directly with well engineering and earth model visualization applications. OpenWells has been fully engineered and integrated to support today's rapidly expanding real-time drilling environments from shallow, onshore fields to deepwater frontier areas."
Configurable for any type of drilling or well services operation across a wide range of drilling environments, OpenWells is flexible, providing a very customizable data management tool. OpenWells can be configured to meet the specific reporting needs of any operator, increasing data integrity and reducing cycle-time through tight integration with drilling engineering applications. Drilling, completions and well servicing information are provided within a single application.
"Whether exploring, developing or managing your asset portfolio, OpenWells provides comprehensive drilling and well services data and knowledge management capabilities," said Bill Sanstrom, vice president Drilling, Production and Economic Systems, Landmark. "This new technology provides unprecedented integration for drilling and well services operations in any type of environment."
Landmark is the leading supplier of software and services for the upstream oil and gas industry. The company's software solutions span exploration, production, drilling, business decision analysis and data management. Landmark offers a broad range of consulting services that enables customers to optimize their technical, business and decision processes. Visit the Landmark Web site at www.lgc.com for more information.
Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at www.halliburton.com.
Landmark the Landmark logo, OpenWells, COMPASS, WELLPLAN, CasingSeat, AssetView 3D DrillView KM and StressCheck are trademarks or registered trademarks of Landmark Graphics Corp.
Contact
Beverly Scippa
beverly.scippa@halliburton.com
Public Relations
(p) 281.988.2562
Employment Contact
jobs@halliburton.com
(p) 800.888.7668
ext. 8005
Supplier/Procurement Contact
kbr_supplier_relations@halliburton.com
Supplier Diversity Contact
Erin Petkovich
supplier_diversity@halliburton.com
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