Halliburton Advances Perforating Technology with Opening of New Flow Laboratory

  Halliburton Advances Perforating Technology with Opening of New Flow
  Laboratory

Business Wire

HOUSTON -- October 08, 2012

Halliburton (NYSE: HAL) today announced the official opening of its
state-of-the-art Advanced Perforating Flow Lab (APFL). The new facility
expands Halliburton’s global perforating research, development and testing
capabilities with leading-edge technologies that simulate the most extreme
real-world reservoir conditions and provide customers with unique perforating
solutions that help optimize reservoir performance.

“Halliburton once again is stepping ahead and leading the industry in
perforating technology,” said David Topping, Vice President of Halliburton’s
Wireline and Perforating business line. “With our new facilities, we have the
capability to reproduce the conditions we are going to find downhole, whether
in deepwater, unconventional resources or mature fields, thereby providing our
customers with access to information that will help with the right choice of
perforation design to maximize their assets.”

The facility includes four independent testing rooms, an integrated command
and control center, a core preparation laboratory, and an extensive perforated
core analysis laboratory for post-test evaluation.

Among the lab’s game-changing technologies are: flow vessels with the ability
to conduct tests that simulate downhole reservoir conditions, including
pressures and temperatures with a maximum rating of 50,000 psi and 400°F; test
vessels with the ability to rotate 180 degrees to perform gravity-related
sanding studies; and a perforated core analysis laboratory that utilizes the
latest computed tomography (CT) imaging technology to evaluate perforator
performance and reservoir inflow.

The APFL is located in Alvarado, Texas, at Halliburton’s Jet Research Center
(JRC), an 800-acre campus, where, for half a century, Halliburton has provided
energetic solutions to the global energy industry.

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world’s largest providers of
products and services to the energy industry.With more than 70,000 employees
in approximately 80 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 website at
www.halliburton.com.

Contact:

For Investors:
Halliburton, Investor Relations
Kelly Youngblood, 281-871-2688
Investors@Halliburton.com
or
For Media:
Halliburton, Corporate Affairs
Beverly Blohm Stafford, 281-871-2601
PR@halliburton.com