Product/Service Announcement

Halliburtons Foray
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3D Microseismic Fracture Matching Analysis Service
Adds Real Time Capability, Customizing Fracture Treatments for Maximum
Production
HOUSTON Feb. 4, 2013 Halliburtons (NYSE: HAL) Foray
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3D microseismic
fracture matching analysis service is now available as a real time application. A
component of Halliburtons Knoesis
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service, the Foray service provides a new
method of fracture diagnostics that uses microseismic event data as it is
generated in real time to develop an image of the fracture network being created
in the formation. Advanced algorithms continuously analyze the constant flow of
new data and update the fracture network being created with new or higher
confidence interval planes as the analyst monitors the treatment.
The information generated can be leveraged to design treatments that provide
increased connected fracture area. Fracture treatments that maximize
connected fracture area provide greater increases in production. Prior to the
real-time capability, Foray service analysis could be performed only after a
treatment in order to help optimize the next treatment. Real-time analysis
provides the technical team the knowledge it needs to make changes to
treatments during the job. Every fracturing treatment can be tailored for
maximum effectiveness. This capability is particularly important for fracturing
treatments in shale formations.
Foray service can help to reduce the cost per barrel of oil equivalent and
maximize asset value for an operator through improving fracturing treatment
design and execution.
About Halliburton
Founded in 1919, Halliburton is one of the worlds largest providers of products
and services to the energy industry. With more than 72,000 employees,
representing 140 nationalities in approximately 80 countries, the company serves
the upstream oil and gas industry throughout the lifecycle 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 companys website at www.halliburton.com.
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