Halliburton Introduces EarthStar 3DX to Maximize Reservoir Value
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Halliburton HAL has introduced a cutting-edge advancement in drilling technology with the launch of EarthStar 3DX, a next-generation 3D horizontal look-ahead resistivity service. This revolutionary service offers a substantial leap in subsurface mapping by enabling geological foresight up to 50 feet ahead of the drill bit. The tool's precision allows operators to make smarter, faster and safer drilling decisions in complex horizontal reservoirs.Engineered to address the limitations of conventional resistivity tools, EarthStar 3DX integrates ultra-deep resistivity sensing with a near-bit sensor system, delivering unmatched clarity and depth in subsurface imaging. Operators can now proactively adapt drilling trajectories to avoid geological hazards and maximize hydrocarbon extraction with greater confidence.Near-Bit Ultra-Deep Resistivity Sensor: A Breakthrough in Formation DetectionThe EarthStar 3DX system is powered by the industry's nearest-to-bit, ultra-deep resistivity sensor. Unlike traditional tools, which provide limited or delayed insight into formation changes, this sensor allows early detection of geological variations, enhancing both pre-emptive and real-time decision-making.This capability translates into a significant reduction in unnecessary course corrections and prevents premature exits from the reservoir zone, both of which are common pitfalls in horizontal well operations. By providing an accurate picture of the subsurface before it is physically encountered, EarthStar 3DX ensures that wellbore placement is optimized and drilling efficiency is dramatically improved.Enhanced Reservoir Contact and Hydrocarbon RecoveryOne of the most compelling benefits of EarthStar 3DX is its ability to maximize reservoir contact. The system enables continuous mapping of formation boundaries and fluid interfaces ahead of the drill bit, allowing for dynamic steering to maintain the well trajectory within the most productive zones.This level of precision ensures that operators can increase hydrocarbon recovery rates, improve asset profitability and reduce operational risks. The integration of real-time subsurface data into the drilling workflow not only enhances situational awareness but also supports the deployment of adaptive drilling strategies that respond to subsurface complexity with agility.Minimizing Risk Through Advanced Geosteering CapabilitiesGeosteering decisions are critical in horizontal drilling environments, especially when targeting thin or variable reservoirs. With EarthStar 3DX, operators gain access to true 3D resistivity measurements that provide a comprehensive understanding of formation dip, structure and fluid distribution.By mapping changes before they are encountered, drillers can adjust well trajectories on the fly to avoid drilling hazards and stay within the desired reservoir interval. This feature significantly reduces non-productive time and enhances overall drilling performance, enabling operators to meet or outperform the expected project timelines and budget targets.Leadership in Reservoir Mapping TechnologyWith the launch of EarthStar 3DX, Halliburton continues to establish its leadership in drilling innovation. As noted by Jim Collins, vice president of Sperry Drilling, the company’s focus remains on customizing subsurface and drilling solutions to deliver maximum asset value to its customers.The deployment of EarthStar 3DX reinforces Halliburton’s commitment to leveraging automation, precision measurement and advanced analytics to drive efficiency and performance across the energy sector.Strategic Offshore Success: Namibia and North Sea InitiativesIn addition to the EarthStar 3DX launch, Halliburton’s strategic ventures highlight its global operational excellence. Halliburton and Rhino Resources recently completed two exploration wells in Block 2914 of Petroleum Exploration Licence 85, located offshore Namibia. This achievement not only enhances exploration potential in the region but also reinforces the company’s technical capabilities in deepwater environments.Separately, Halliburton collaborated with Sekal to deploy the world’s first automated on-bottom drilling system for Equinor ASA EQNR in the North Sea. The system integrates Halliburton’s LOGIX automation platform with Sekal’s Drilltronics and the rig’s automation control systems, aiming to optimize drilling parameters and enhance the accuracy of well placement in real time.Conclusion: Redefining Horizontal Drilling StandardsThe introduction of EarthStar 3DX represents a paradigm shift in resistivity-based drilling services. With its ability to provide high-resolution, look-ahead imaging and unparalleled near-bit detection, this technology redefines what is possible in horizontal well drilling. Halliburton’s integrated approach to innovation, combining state-of-the-art tools, automation and strategic partnerships, continues to drive the energy sector forward. As the demand for deeper insight, greater efficiency and enhanced safety grows, EarthStar 3DX positions Halliburton at the forefront of next-generation reservoir mapping and drilling optimization.HAL's Zacks Rank & Key PicksCurrently, HAL and EQNR have a Zacks Rank #3 (Hold) each.Equinor is a major international energy company with a significant presence in both oil and gas production and the growing renewables sector. While historically focused on hydrocarbons, Equinor is strategically investing in offshore wind and other renewable energy sources as part of its long-term business diversification.Investors interested in the energy sector might look at some better-ranked stocks like Comstock Resources, Inc. CRK and Expand Energy Corporation EXE, each holding a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Comstock Resources is valued at $7.10 billion. In the past year, its shares have risen 113.6%. Comstock Resources, an independent energy producer in the United States, holds approximately 1.1 million acres primarily within the highly prospective Haynesville and Bossier shale regions of North Louisiana and East Texas. The company's core business involves the acquisition, exploration, development and production of natural gas and oil from these assets.Expand Energy is valued at $27.13 billion. In the past year, its shares have risen 24.5%. Based in Oklahoma City, OK, Expand Energy is an independent natural gas production company. With significant interests in shale formations across Pennsylvania, Ohio, West Virginia and Louisiana, Expand Energy focuses on the acquisition, exploration and development of properties for producing oil, natural gas and natural gas liquids.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Halliburton Company (HAL): Free Stock Analysis Report Comstock Resources, Inc. (CRK): Free Stock Analysis Report Equinor ASA (EQNR): Free Stock Analysis Report Expand Energy Corporation (EXE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
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Analysen zu Halliburton Co.
Datum | Rating | Analyst | |
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23.07.2019 | Halliburton Outperform | Cowen and Company, LLC | |
10.10.2018 | Halliburton Outperform | Wolfe Research | |
24.07.2018 | Halliburton Market Perform | Cowen and Company, LLC | |
24.01.2018 | Halliburton Buy | B. Riley FBR, Inc. | |
24.10.2017 | Halliburton Market Perform | Cowen and Company, LLC |
Datum | Rating | Analyst | |
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23.07.2019 | Halliburton Outperform | Cowen and Company, LLC | |
10.10.2018 | Halliburton Outperform | Wolfe Research | |
24.01.2018 | Halliburton Buy | B. Riley FBR, Inc. | |
24.10.2017 | Halliburton Buy | FBR & Co. | |
10.10.2017 | Halliburton Buy | Deutsche Bank AG |
Datum | Rating | Analyst | |
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24.07.2018 | Halliburton Market Perform | Cowen and Company, LLC | |
24.10.2017 | Halliburton Market Perform | Cowen and Company, LLC | |
21.06.2017 | Halliburton Neutral | Seaport Global Securities | |
26.04.2017 | Halliburton Market Perform | Cowen and Company, LLC | |
20.10.2016 | Halliburton Sector Perform | Scotia Howard Weil |
Datum | Rating | Analyst | |
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31.01.2005 | Update Halliburton Co.: Underweight | Morgan Stanley |
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