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Coterra Energy and Halliburton Launch First Fully Automated Hydraulic Fracturing Program

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Coterra Energy and Halliburton Launch First Fully Automated Hydraulic Fracturing Program
News

News

Coterra Energy and Halliburton Launch First Fully Automated Hydraulic Fracturing Program

2025-01-06 21:02 Last Updated At:21:31

HOUSTON--(BUSINESS WIRE)--Jan 6, 2025--

Halliburton Energy Services (NYSE: HAL) and Coterra Energy Inc. (NYSE: CTRA) announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with the push of a button. Coterra is the first operator to fully automate and control their hydraulic fracturing design and execution.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106645055/en/

The Octiv Auto Frac service adds new capabilities to Halliburton's Zeus intelligent fracturing platform and its leading electric pumping units and Sensori™ fracture monitoring service. Before this service, fracture decisions were managed manually while pumping. Coterra can now configure the Octiv Auto Frac service to execute designs to their specifications and automate the entire fracture process.

Coterra and Halliburton recognize the importance of automation for consistency and control during fracture execution. The initial rollout of this service led to a 17% increase in stage efficiency. Based on these results, Coterra deployed the Octiv Auto Frac service to its remaining completion programs that Halliburton executes in the Permian Basin.

“Octiv Auto Frac changes the game of completion performance,” said Shawn Stasiuk, Halliburton’s vice president of Production Enhancement. “The service ensures that automation delivers consistent fracture execution every stage while giving our customers the control they demand over their assets. The Octiv Auto Frac service is the first system to deliver on this promise.”

Coterra’s adoption of the Octiv Auto Frac service aligns with its approach to achieve operational performance through the use of advanced technologies.

“Coterra remains focused on maximizing efficiencies and exploring new opportunities to improve our operations. The deployment of intelligent automation for hydraulic fracturing helps us execute stages consistently and provides us with more autonomy and control over the completion process,” said Tom Jorden, CEO of Coterra.

Octiv Auto Frac provides a step change in fracturing capability. This technology integrated in the ZEUS platform gives operators a unique and powerful solution to maximize consistency and efficiency and increase their asset value.

Learn more about Halliburton Intelligent Fracturing solutions.

About Coterra

Coterra is a premier exploration and production company based in Houston, Texas, with operations focused on the Permian Basin, Marcellus Shale, and Anadarko Basin. The company strives to be a leading energy producer, delivering sustainable returns through the efficient and responsible development of its diversified asset base. Learn more about Coterra at www.coterra.com.

About Halliburton

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, Halliburton creates innovative technologies, products, and services that help its customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with Halliburton on LinkedIn, YouTube, Instagram, and Facebook.

The Octiv Auto Frac service adds new capabilities to Halliburton's Zeus intelligent fracturing platform and its leading electric pumping units and Sensori™ fracture monitoring service. Before this service, fracture decisions were managed manually while pumping. Coterra can now configure the Octiv Auto Frac service to execute designs to their specifications and automate the entire fracture process. (Photo: Business Wire)

The Octiv Auto Frac service adds new capabilities to Halliburton's Zeus intelligent fracturing platform and its leading electric pumping units and Sensori™ fracture monitoring service. Before this service, fracture decisions were managed manually while pumping. Coterra can now configure the Octiv Auto Frac service to execute designs to their specifications and automate the entire fracture process. (Photo: Business Wire)

NEW YORK (AP) — Patrick Roy was fired as coach of the New York Islanders on Sunday, another late-season change in the NHL that comes with a team in the middle of a spring tailspin that has put their playoff chances in jeopardy.

First-year general manager Mathieu Darche announced the abrupt decision to part ways with Roy and name Peter DeBoer his replacement with four games left in the season. The Islanders have lost four in a row and seven of their past 10 games, going from comfortably in a playoff spot to needing help down the stretch in a competitive Eastern Conference race.

Roy is the second NHL coach fired over the past eight days. The Vegas Golden Knights fired Bruce Cassidy and hired John Tortorella on an interim basis a week ago.

DeBoer is taking the job full-time, fresh off serving as an assistant on Canada's staff at the Milan Cortina Olympics. The 57-year-old has taken two teams to the Stanley Cup Final and most recently coached the Dallas Stars to three consecutive trips to the Western Conference final before being fired last year following their latest exit.

Roy, a Hall of Fame goaltender, was hired by former GM Lou Lamoriello in January 2024 as a midseason replacement for fired coach Lane Lambert. Sparked by his arrival, the team made the playoffs that year and lost in the first round to Carolina. Regression has followed since.

Parting ways with Roy comes at crucial point for the organization. Rookie of the year front-runner Matthew Schaefer has been a revelation in his first NHL season at the age of 18, and several other top prospects are on their way.

Roy was in his second job running a team in the league, following a three-year tenure with Colorado from 2013-16 that included winning the Jack Adams Award as coach of the year and abruptly resigning in the middle of the summer.

AP NHL: https://apnews.com/hub/nhl

FILE - Dallas Stars head coach Peter DeBoer looks on during the third period in Game 2 of the Western Conference finals in the NHL hockey Stanley Cup playoffs, Friday, May 23, 2025, in Dallas. (AP Photo/LM Otero, File)

FILE - Dallas Stars head coach Peter DeBoer looks on during the third period in Game 2 of the Western Conference finals in the NHL hockey Stanley Cup playoffs, Friday, May 23, 2025, in Dallas. (AP Photo/LM Otero, File)

FILE - New York Islanders head coach Patrick Roy speaks to members of the media before an NHL hockey game against the Buffalo Sabres, Saturday, Jan. 24, 2026, in Elmont, N.Y. (AP Photo/Heather Khalifa, File)

FILE - New York Islanders head coach Patrick Roy speaks to members of the media before an NHL hockey game against the Buffalo Sabres, Saturday, Jan. 24, 2026, in Elmont, N.Y. (AP Photo/Heather Khalifa, File)

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