Halliburton first API-PIDX electronic transactions
Posted: 4 August 2003
Halliburton Energy Services has completed the first electronic
transactions using American Petroleum Institute's (API) e-commerce
transaction standards, known as API-PIDX XML, with two major oil
companies in the first quarter of this year.
These are the initial deployments of what will become standard
e-business commercial workflow transactions directly integrating
Halliburton's back-office ERP systems with that of its customers.
"By using these new standards, Halliburton and these operators
are leveraging new technology that will automate the ordering, invoicing
and payment processes, resulting in improved accuracy, increased
efficiencies and improved contract compliance," said Peter
Bernard, Halliburton's leader for Business Development and Marketing.
"This is a major technical accomplishment that enables us to
better fit our customers' purchase order and payments systems. It
is rapidly establishing a new way of working more easily and seamlessly
with our customers."
The first exchanges included purchase orders, signed field tickets
and invoices for projects in the Gulf of Mexico and Bakersfield,
California, area, for which Halliburton is providing numerous services.
Halliburton continues to work with several other customers in the
U.S. and overseas to further deploy these advanced ordering and
payment systems.
"Halliburton's ability to implement a standards-based electronic
business transaction management system with their customers represents
a significant step forward in the evolution of e-business in the
petroleum industry," said John Pohlman, president of Pohlman
International. "That transactions can now be handled in near
real time and without error is a vindication of the efforts involved
in creating a standard like API-PIDX XML. This is a milestone in
the development of industry best practices." This direct system-to-system
integration of commercial documents also enables customers to view
and download proposals, field tickets, job status reports and invoices
from the myHalliburton.com Commerce CentralSM community. The myHalliburton.com
portal gives customers access to commercial information, rich technical
information, simulators and calculators, project collaboration,
and product catalogs in a secure, personalized web environment.
API's Recommended Practice 3901 e-commerce transaction standards
were developed by API's e-Commerce Committee, the Petroleum Industry
Data Exchange (PIDX). Using these standards takes the upstream petroleum
industry a step closer toward seamless interoperability using extensible
markup language (XML). They allow transactional information between
service companies and operators to flow securely across the Internet,
enabling machine-to-machine, real-time communication for scoping,
execution and settlement of jobs with complex products and services.
Halliburton Energy Services is a member of the PIDX Complex Products
and Services steering committee, which developed the standards.
Halliburton, founded in 1919, is one of the world's largest providers
of products and services to the petroleum and energy industries.
The company serves its customers with a broad range of products
and services through its Energy Services Group and Engineering and
Construction Group business segments.
For more information see www.halliburton.com.
Posted by Richard Price,
Editor Pipeline Magazine
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