Halliburton Company HAL has introduced the Sensori fracture monitoring service that provides continuous measurement and visualization of the subsurface. The solution is cost-effective and uses automation for the measurement and visualization processes.
The Sensori service integrates non-intrusive technologies, automated data extraction and processing, and real-time subsurface data into one solution. The idea is to provide operators with visibility and control over fracture performance.
The service acquires and processes true, real-time data and offers near-well and far-field subsurface measurements. It uses automation, cloud processing and big data analytics to gather subsurface feedback in real time. Sensori can provide real-time insights for multiple well pads within a single asset.
Furthermore, the service offers a more frequent, cost-effective way to obtain high-quality subsurface measurements. It does so with the integration of non-intrusive downhole diagnostics.
HAL’s Sensori service enables operators to improve fracture monitoring by providing access to reliable subsurface data that helps in improving fracture economics and recovery.
The company’s proprietary ZEUS electric fracturing system and Octiv automation platform, integrated with Sensori, offer powerful solutions for operators. These help them with enhanced efficiency and better performance in their fracturing operations, while reducing the total cost of ownership.
Halliburton highlights that Sensori is an economical and easy-to-deploy solution that reduces operational complexity for operators. The service leverages big data to streamline fracture monitoring processes.
Zacks Rank and Key Picks
Currently, HAL carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the energy sector are SM Energy SM, Sunoco LP SUN and Hess Corporation HES. SM Energy and Sunoco presently sport a Zacks Rank #1 (Strong Buy) each, while Hess carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
SM Energy is an upstream energy firm operating in the prolific Midland Basin and the South Texas regions. For 2024, the company expects its production to increase from the prior-year reported figure, signaling a bright production outlook.
Sunoco LP is one of the largest distributors of motor fuel in the United States. The partnership distributes fuel to independent dealers, commercial customers, convenience stores as well as distributors. Its current distribution yield is greater than the composite stocks in the industry, providing unitholders with consistent returns.
Hess is a leading upstream energy company with its operations focused on the prolific resources offshore Guyana. The company has made significant oil discoveries in the Stabroek Block, off the coast of Guyana. Hess is currently in the process of being acquired by energy supermajor Chevron in an all-stock deal. This will result in the creation of an energy behemoth with a massive portfolio of producing assets.
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Hess Corporation (HES) : Free Stock Analysis Report
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