Halliburton And Core Laboratories Collaborate To Accelerate Digital Rock Data Solutions
Portfolio Pulse from Akanksha Bakshi
Halliburton Company (HAL) and Core Laboratories Inc. (CLB) have announced a strategic alliance to expedite the delivery of comprehensive digital rock data solutions in the U.S. The collaboration aims to reduce delivery time from months to weeks, offering insights even as full petrophysical laboratory measurements are underway. In 2023, Halliburton joined Core's consortium to expedite CO2 trapping analysis, meeting the EPA's strict deadlines for carbon storage projects.
October 09, 2023 | 1:46 pm
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POSITIVE IMPACT
Core Laboratories' partnership with Halliburton could expedite its digital rock data solutions, potentially enhancing its market position.
The strategic alliance with Halliburton could enhance Core Laboratories' product offerings and potentially increase its market share. The collaboration could also improve efficiency and reduce delivery times, which could positively impact Core Laboratories' revenues and profitability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Halliburton's partnership with Core Laboratories could accelerate its digital rock data solutions, potentially boosting its market position.
The strategic alliance with Core Laboratories could enhance Halliburton's product offerings and potentially increase its market share. The collaboration could also improve efficiency and reduce delivery times, which could positively impact Halliburton's revenues and profitability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100