Petris

What Petris does

The aggregated source data describes Halliburton's Landmark software business, which provides software-driven lifecycle insights for the oil and gas Exploration and Production (E&P) industry. The core offering is DecisionSpace® 365 Enterprise, a cloud-based subscription platform delivering modular, plug-and-play applications across subsurface characterization, well construction, drilling automation, reservoir management, and agile asset management. The platform runs on the iEnergy® Hybrid Cloud (claiming industry-first hybrid cloud status for E&P, supporting 5,000+ users across 100+ deployments with 50% TCO reduction) and is built on the Open Subsurface Data Universe™ (OSDU), an open architecture providing high-throughput, low-latency ingestion of large E&P datasets. A lower-tier DecisionSpace® 365 Essentials targets entry-level users, while SmartDigital® provides co-innovation services for custom digital E&P deployments.

The business monetizes primarily through annual SaaS subscriptions on DecisionSpace 365 and adjacent cloud-delivered modules, complemented by professional services such as integrated well construction, well intervention, and asset-management consulting delivered via Halliburton's global field organization. The go-to-market is enterprise field sales targeting E&P professionals and corporate decision-makers across oil and gas majors and independents, with named engagements at ExxonMobil (Guyana closed-loop automated well placement), PETRONAS Carigali, Pampa Energía (Vaca Muerta), and AkerBP. Distribution is global, with 24x7 operations support. Revenue and ARR figures are not publicly disclosed in the provided data; pricing is quote-based via 'Talk to an Expert' sales motion. Note: the source material aggregated under the company name 'Petris' exclusively references Halliburton Landmark; no Petris-specific identifiers, financials, leadership, or corporate history appear in the input, so Petris-specific facts could not be populated.

Name

Petris

Website

https://petris.com

Company type

Private

Founded year

1994

Headcount range

51–100 employees

Short description

Petris-associated source data describes Halliburton Landmark, which delivers cloud-based DecisionSpace® 365 software, iEnergy® Hybrid Cloud, and OSDU-based E&P applications to oil and gas exploration and production operators and academic institutions worldwide via enterprise subscriptions and professional services.

Ownership category

akta.pro rank

Product category

Oil & Gas E&P Software

NAICS

Software Publishers (513210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cloud Operations Outsourcing (Cloud Managed Operations) (BPAEAMAC)

akta.pro secondary industries

Hybrid Cloud Storage & Backup Infrastructure (HDABAMAG), Cloud-Native Application Development (Containers/Kubernetes/Serverless) (BPAEAFAE)

Keywords

• E&P software
• Subsurface data management
• Reservoir management software
• Drilling automation
• Oil and gas cloud

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Software Subscriptions (SaaS): DecisionSpace 365 operates as a cloud-based subscription service for E&P applications. Customers access software capabilities through recurring subscription fees deployed on the OSDU platform.
2. Professional Services & Consulting: Halliburton provides integrated project management services including integrated well construction, well intervention, and asset management consulting. These services complement the software offerings.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Petris sells cloud-based subscription software for oil and gas Exploration & Production (E&P) operations, centered on the DecisionSpace 365 Enterprise platform that delivers modular, open, plug-and-play applications across subsurface, well construction, and reservoir/production workflows. The platform runs on the iEnergy Hybrid Cloud and is built on the Open Subsurface Data Universe (OSDU) data platform, with SmartDigital co-innovation services and a National Digital Resource (Virtual Data Room) supporting deployment.

Product overview

The source data describes Halliburton's Landmark software solutions as a comprehensive portfolio of software-driven E&P (Exploration & Production) lifecycle insights. The core platform architecture consists of DecisionSpace® 365 Enterprise — a cloud-based subscription service providing modular, open, and plug-and-play solutions across subsurface analysis, well construction, and reservoir/production management. This platform runs on the iEnergy® Hybrid Cloud (the industry's first hybrid cloud for E&P applications) and is built upon the Open Subsurface Data Universe™ (OSDU) for high-throughput, low-latency data management. Supporting offerings include SmartDigital® for co-innovation services, DecisionSpace® 365 Essentials as an entry-level tier, and the National Digital Resource for virtual data rooms. The software portfolio also integrates with the broader Halliburton service ecosystem including LOGIX® automation and remote operations, Xaminer® logging services, sand control systems (OSTMZ®), completion technologies (Volta™, VersaFlex®), geothermal services (RangeStar™), pipeline diagnostics (InnerVue™), and well abandonment monitoring (Well Assure™). The portfolio emphasizes open architecture, digital twins, AI capabilities through DS365.ai, and partnerships including the Halliburton-AkerBP Alliance.

Differentiator

Problem solved

Functional benefit

Products and services

• DecisionSpace 365 Enterprise Cloud-based subscription service for E&P (Exploration & Production) applications providing digital solutions across the drilling process lifecycle, including subsurface, well construction, and reservoir management modules. Targeted at enterprise E&P operators.
• DecisionSpace 365 Essentials Scaled-down or entry-level version of DecisionSpace 365 offering core E&P digital capabilities for enterprise E&P operators seeking a lighter deployment.
• iEnergy Hybrid Cloud The industry's first hybrid cloud platform designed to deploy, integrate, and manage sophisticated E&P cloud applications. Supports over 5,000 users with 100+ cloud deployments, 50% TCO reduction, and 24x7 global operations support.
• iEnergy Stack On-premises or hybrid deployment option within the iEnergy ecosystem for enterprise E&P customers requiring local infrastructure control.
• SmartDigital Co-innovation service enabling collaborative design, development, and deployment of custom digital E&P solutions. Delivered 100% remotely with global E&P expertise, achieving approximately 80% decrease in innovation cycle time and saving customers millions of dollars by reimagining assets.
• Open Subsurface Data Universe (OSDU) Open architecture digital platform providing high throughput, low latency, and self-cleaning data ingestion from multiple sources. Serves as the foundation for DecisionSpace 365 cloud applications and enables plug-and-play integration with E&P workflows.
• National Digital Resource Digital resource platform including Virtual Data Room for collaborative E&P data management across enterprise operators.
• CO2 Storage Digital solution for carbon capture and storage operations management for energy operators pursuing carbon management initiatives.

Quantifiable outcome

• 50% reduction in Total Cost of Ownership (TCO)
• +5 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core, significant, flagship and strategic.

• PETRONAS Carigali Sdn. Bhd.coreStrategic or Co-development Partner · 1 January 2025PETRONAS Carigali Sdn. Bhd. has partnered with Halliburton Landmark to deploy Landmark solutions to accelerate time to first oil. This deployment focuses on next-generation subsurface modeling and reservoir management capabilities.
• Shape DigitalcoreStrategic or Co-development Partner · 1 January 2025Halliburton and Shape Digital formed a strategic collaboration to advance digital asset performance management. This partnership focuses on enhancing digital capabilities for E&P operations through joint development and integration.
• Pampa EnergíasignificantTechnology or Integration · 1 January 2025Pampa Energía selected Halliburton to support enterprise digital transformation for operations in the Vaca Muerta region, implementing Landmark software solutions.
• ExxonMobilflagshipStrategic or Co-development Partner · 1 January 2025ExxonMobil and Halliburton achieved the world's first fully closed-loop automated geological well placement in Guyana, demonstrating advanced digital well construction capabilities.
• Sumitomo CorporationstrategicTechnology or Integration · 1 January 2025Halliburton acquired Sekal AS from Sumitomo Corporation to accelerate drilling automation services, demonstrating strategic technology acquisition to enhance software capabilities.
• AkerBPcoreStrategic or Co-development Partner · 1 January 2024Halliburton AkerBP Alliance represents a strategic partnership for integrated E&P digital solutions, combining Halliburton Landmark software with AkerBP operations.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• AVEVA: AVEVA provides industrial software including PI System for operational data and digital twin capabilities that overlap with iEnergy and the Landmark digital twin offering. It is a broader industrial-software incumbent rather than an E&P specialist, but competes for digital platform wallet share inside operators.
• Bentley Systems: Bentley's iTwin Platform and OpenUtilities / asset performance software compete with Landmark's digital twin and asset-management offerings. It is a broader infrastructure-software incumbent rather than a dedicated E&P player but overlaps in digital twin and infrastructure data management.
• Aspen Technology: Aspen Tech's industrial AI and asset performance software (including the recent Emerson OSI / industrial software portfolio) competes with Landmark's agile asset management and DS365.ai capabilities. It is a broader industrial-software incumbent with overlap in process industries including energy.

Others

• Petrofac - integrated energy services: Petrofac is an integrated oilfield services and EPC provider that increasingly invests in digital asset performance offerings, making it a partial customer and adjacent participant in the E&P digital ecosystem that Landmark serves.
• TGS (Insight E&P data platform): TGS combines subsurface data libraries with its Insight platform, providing seismic, well data, and analytics that are complementary to — rather than directly competitive with — Landmark's software platform, but increasingly encroaches on data-driven E&P decisioning workflows.

Direct peers

• CGG GeoSoftware: CGG's GeoSoftware suite (Geovation, HampsonRussell, Jason, InsightEarth) competes head-to-head with Landmark in seismic interpretation, reservoir characterization, and rock physics. Both are specialized E&P geoscience software vendors serving upstream operators.
• P2 Energy Solutions: P2 Energy Solutions provides upstream oil and gas software for production, accounting, land management, and reservoir workflows. It is a more specialized, mid-market peer rather than a tier-one enterprise platform competitor, but addresses overlapping E&P software use cases.
• Emerson - Paradigm E&P Software: Emerson's Paradigm portfolio provides subsurface interpretation, reservoir characterization, and well planning software competing directly with DecisionSpace 365 Subsurface and Reservoir modules. Both serve enterprise E&P operators with similar geoscience and reservoir engineering workflows.
• SLB (Schlumberger) - DELFI E&P: SLB's DELFI cognitive E&P environment is the closest direct competitor to DecisionSpace 365, offering an open, cloud-native platform for subsurface, drilling, and production workflows with the OSDU-compatible Delfi data ecosystem. Both target the same enterprise E&P customers with subscription-based digital platforms.

Emerging players

• Kongsberg Digital: Kongsberg Digital offers Kognifai, a digital platform and digital twin for energy and maritime, with significant overlap to Landmark's digital twin and iEnergy cloud strategy. It is more narrowly focused on Nordic/European energy markets and emerging relative to Landmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petris