Halliburton (HAL) and Oil States (OIS) announced a strategic collaboration that combines technology sets to provide customers with innovative deepwater managed pressure drilling, or MPD, solutions. MPD provides operators with improved control when navigating narrow pressure windows compared to conventional drilling. The collaboration between Halliburton and Oil States will provide operators and drilling contractors with an effective and flexible MPD product-service combination to safely access greater operational efficiencies like ease of handling and streamlined installation.
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