Using high performance computing and the GPU features of the IBM Cloud, Halliburton can quickly run hundreds of simulation cases to forecast the possible behavior of complex oil and gas fields. Through the use of the IBM Cloud, which features both bare metal and virtual servers, Halliburton has the flexibility to scale up and upgrade to the latest hardware based on customer needs. Halliburton can also switch from a capital expenditure to an operating expenditure model, reduce costs, and accommodate business needs based on demand.
“Selecting the right development strategy is a multibillion-dollar decision for a large oil and gas field,” said Steven Knabe, a director in Halliburton Consulting, which specializes in formulating development plans for both new and mature fields. “Using high performance computing of the IBM Cloud, we can run very detailed simulation models and evaluate a wide range of field development options, which translates into better field development plans for our clients and a competitive advantage for our business.”
“Halliburton is a global energy services leader that requires vast scalability and speed,” said Jim Comfort, CTO and General Manager, Architecture, IBM Cloud. “They push the boundaries of computing and big data every day to create the insights that drive the business. The IBM Cloud platform was designed to support leaders like Halliburton as they build cognitive businesses at scale.”
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