Libra consortium and halliburton landmark collaborate to develop field digital twin

Houston--(business wire)--halliburton company (nyse: hal) today announced it will work with libra consortium, lead by petrobras, to develop a digital twin for a pre-salt field system in brazil. the libra digital twin will help the consortium reduce capital expenditures, accelerate production times, and improve crude oil recovery rate using new insights obtained in a real-time environment. the digital twin is a virtual representation of the physical asset that replicates its behavior and charact.
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