Landmark acquires UReason Solution Environment
Halliburton’s (NYSE: HAL) Landmark Software and Services has acquired UReason Solution Environment for real-time analytics.
HOUSTON –Halliburton’s (NYSE: HAL) Landmark Software and Services has acquired UReason Solution Environment for real-time analytics.
The USE software combined with Landmark’s existing drilling software will enable operators to capture, process, and interpret high-speed data to help better understand the causes and effects of drilling system behaviors, and to allow real-time adjustments while drilling.
“As a result of this acquisition, Halliburton will be able to provide customers with the ability to analyze large volumes of both real-time and historic well data in multiple scenarios,” said Gene Minnich, vice president of Landmark Software and Services. “With this knowledge, oil and gas producers can make better decisions when responding to changing drilling conditions, leading to improved efficiency and reduced non-productive time.”