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Halliburton Wins Three Engineering Achievement Awards


WEBWIRE

HOUSTON, Texas - Halliburton announced today that it has won three Hart’s E&P meritorious engineering achievement awards. William Pike, Hart’s editor-in-chief, presented the awards today at the Offshore Technology Conference in Houston.

“It is an honor for Halliburton technology to be recognized year after year by this prestigious committee,” said Andy Lane, executive vice president and chief operating officer, Halliburton. “Our employees are committed to developing innovative technology that provides our customers with the best possible solutions to the challenges they face.”

The three winning Halliburton technologies are: the SuperFill™ surge reduction system; AssetPlanner™ software; and the ReFlexRite® multilateral system.

The SuperFill surge reduction system allows wellbore fluids to enter the casing freely and exit the drillpipe during casing running operations, effectively reducing surge pressures. In addition, the system helps to prevent expensive drilling fluid losses that may affect cement sheath quality and formation damage, which, in turn, may affect long-term well productivity. The award submission case history was based on a Gulf of Mexico job.

AssetPlanner software is helping the industry to meet the challenges of ever-increasing production demands, Health, Safety and Environmental (HSE) mandates, and return-on-investment goals by accelerating and optimizing development plans for new or mature fields.

Halliburton’s ReFlexRite multilateral system provides a re-entry multilateral solution that allows lateral branches to be added to existing single horizontal wells, while maintaining production from the original wellbore.

The Hart’s Meritorious Award for Engineering Achievement, established in 1971, honors the world’s best new tools and techniques for finding, drilling and producing oil and gas wells. The receipt of a meritorious engineering achievement award marks a company as a technology leader in the upstream oil and gas industry. Entries are judged by a panel of globally recognized industry experts on their innovation of concept or design; their ability to solve a real, practical oilfield problem; and their potential for improving profitability, safety or efficiency.

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With more than 45,000 employees in nearly 70 countries, the company serves the upstream oil and gas industry throughout the life cycle of the reservoir-from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company’s World Wide Web site at www.halliburton.com.



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