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GeoGraphix' Wellbase Named Laureate for 2002 Computerworld Honors Collection; PC Software Provides Breakthroughs for Oil and Gas Exploration

DALLAS, Apr 8, 2002 (BUSINESS WIRE) -- Wellbase, a unique PC database developed by GeoGraphix, has been named as Laureate for the 2002 Computerworld Honors Collection. GeoGraphix is an operation of Landmark Graphics Corporation, a wholly owned business unit of Halliburton (NYSE:HAL).

Wellbase integrates geophysical, geological, mapping, well and log data all in a common environment. Geologists and geophysicists can simultaneously access information regarding a particular exploration or development project while ensuring that cross-discipline collaboration and correlation are achieved. This unique integration technology allows for more intelligent drilling decisions to be made in a shorter amount of time.

Founded in 1988/89, the Computerworld Honors Program searches for and recognizes individuals who have demonstrated vision and leadership as they strive to use information technology in innovative ways across ten categories: Business and Related Services; Education and Academia; Environment, Energy and Agriculture; Finance, Insurance and Real Estate; Government and Non-Profit Organizations; Manufacturing; Media, Arts and Entertainment; Medicine; Science; and Transportation. Their stories become part of the Computerworld Honors Program's Archives On-Line and the research collections of an elite group of the world's academic and research institutions.

"GeoGraphix' Wellbase solution is an example of our ability to provide the ideal technology solution to meet the E&P technology needs for all of our clients, regardless of the size or scope of their operations," said Andy Lane, president and CEO of Landmark. "It is a distinct honor to be named a Computerworld Laureate and join such a select group of leaders in the field of information technology."

"To be named Laureate is a tribute to the entire GeoGraphix staff," said Rick Slack, vice president of GeoGraphix. "GeoGraphix is continuing the technology revolution first begun by Landmark 20 years ago. Our integrated interpretation offerings, such as Wellbase, have resulted in dramatic usability improvements and increased efficiency in drilling decisions for our customers."

Landmark's GeoGraphix operation delivers the leading integrated geophysical, geological and petrophysical software solutions for the Windows(R) desktop. Visit the GeoGraphix Web site at www.geographix.com.

Landmark is the leading supplier of software and services for the upstream oil and gas industry. The company's software solutions span exploration, production, drilling, business decision analysis and data management. Landmark offers a broad range of consulting services that enables customers to optimize their technical, business and decision processes. Visit the Landmark Web site at www.lgc.com for more information.

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. The company's World Wide Web site can be accessed at www.halliburton.com.

Landmark, the Landmark logo Wellbase and GeoGraphix are trademarks or registered trademarks of Landmark Graphics. Corp. All other trademarks, service marks and product or service names are the trademarks or registered trademarks of their respective owners.

CONTACT: Halliburton, Houston Beverly Scippa, 713/676-7926 beverly.scippa@halliburton.com