Halliburton has acquired Keystone AS, a Norway-based software company that builds digital tools for planning and executing wells. The deal puts Keystone's applications inside Halliburton Landmark's drilling and completion portfolio, with the aim of one AI-native workflow that runs from the plan to the rig.
The purchase is about reach. Landmark already sells software for the office side of well design, and Keystone's products cover the rig side. Together they cover the full run from planning to execution.
What Keystone brings
Keystone's technology spans the well life cycle. Its applications handle well planning and engineering, rig operations, logistics, equipment management and reporting.
The core products have three names. SmartHUB is an integration layer. OPEN is a digital workflow for well planning and execution. RMS is a rig management and execution platform.
Halliburton says these applications extend Landmark's AI-native well-delivery ecosystem from the office to the rig.
How it fits with Landmark
Halliburton describes Keystone as complementary to what Landmark already sells, including the Digital Well Program application and the Agile Asset Management offerings.
Tony Antoun, senior vice president of Halliburton Landmark, said the technology strengthens Landmark's delivery of integrated digital workflows that connect well plans with execution. He said the companies together can apply data, science and AI to automate workflows, sharpen decisions and optimize well construction.
Antoun also said the deal advances Landmark's "Open by Design" approach, which connects applications across customers' digital ecosystems.
The integration layer is the piece to watch. A planning tool and a rig tool only save time if data moves between them, and SmartHUB is the product built for that job.
