Halliburton buys Norway's Keystone to link well plans to the rig
What's the deal? HalliburtonDealroom has a profile for this one. Try Dealroom → has acquired Keystone ASDealroom has a profile for this one. Try Dealroom →, a Norway-based software company that builds digital tools for well planning and execution. The US oilfield services provider announced the deal on November 2, 2026, and disclosed no financial terms.
What does Keystone do? Its applications span the well lifecycle — planning, rig operations, logistics, equipment management, and reporting. Core products include SmartHUB, an integration layer; OPEN, a planning and execution workflow; and RMS, a rig management platform.
What's the endgame? Halliburton is folding Keystone into Landmark, its digital software business behind the DecisionSpace 365 platform. The acquisition "strengthens Halliburton Landmark's drilling and completion portfolio with an integrated, AI-native digital workflow that connects planning through rig execution," the company said.
Why now? The purchase extends a clear buying streak. It follows Halliburton's June acquisition of Norway-based InformatiQDealroom has a profile for this one. Try Dealroom →, which added cloud software for subsurface, well, and logistics data.
Together, Keystone's products are meant to link office-based plans more closely to field operations at the rig site — a gap Halliburton has been working to close across its Digital Well Program and Agile Asset Management offerings.
The signal: The deal reflects an oilfield-services race to deepen software and AI capabilities. Rival SLBDealroom has a profile for this one. Try Dealroom → has recently added upstream software and reservoir-modeling tools through acquisitions of S&P Global Energy's portfolio and Tachyus. With terms undisclosed, however, the scale and immediate commercial impact of Halliburton's bet remain unclear.
Read more: trend.az
Image credit: Generated with Gemini
