Petroleum Investment Lifecycle Management™

Manage the value of oil and gas investments as technical, operational, and economic factors continually change.

Landmark, a Halliburton business line and a leading provider of software for the upstream oil and gas industry, and Palantir Solutions, a leading provider of asset and corporate-level scenario planning software, have formed an alliance to develop a fully integrated economics, planning and decision support framework called Petroleum Investment Lifecycle Management™.

Petroleum Investment Lifecycle Management™ consists of end-to-end petro technical and economic solutions. With these integrated, collaborative, and dynamic planning solutions, Operators will be able to continuously calibrate surface and subsurface risks with economic and commercial factors.

WHY WAS IT BUILT

By connecting Landmark’s DecisionSpace® with Palantir’s PlanningSpace™, we’ve created end-to-end petro technical and economic solutions so that E&P Companies have complete management of petroleum investments from acquisition to divestiture, or abandonment. Petroleum Investment Lifecycle Management™ allows exploration and production organizations to respond more quickly to changes in technical data and market conditions. This responsiveness, in the face of uncertainty, allows companies to more effectively manage economic risk to increase return on a portfolio of investments.