About Deep Water
Since the first deepwater development began at Shell's Cognac field in 1979, deepwater exploration and development has presented some of the industry’s biggest challenges—and greatest potential rewards. Deepwater exploration and development demands huge investments in capital and a long-term commitment.
As the industry pushes further from shore into ever-deeper water, costs and challenges have become even larger. In many regions, companies must now image, target and reach reservoirs below salt layers that are thousands of feet thick. This places a premium on efficiency, technology and expertise that help reduce operators’ uncertainty in deepwater.
With operations close to virtually every deepwater basin in the world, Halliburton enjoys many logistical advantages. With years of experience, our on-the-ground experts understand the challenges of conducting efficient operations far from established infrastructure. Along with logistics, Halliburton is combining knowledge of global best practices with knowledge of local geologic challenges. This helps us develop solutions customized for each play from salt to carbonates to HPHT environments.
And with expertise in every segment of the industry, we can often help clients realize efficiencies through integration. For instance, by integrating every aspect of wellbore delivery from planning through execution, we have saved clients millions of dollars per well.