HOUSTON, Apr 30, 2010 (BUSINESS WIRE) --Halliburton (NYSE: HAL) confirmed today its continued support of, and
cooperation with, the ongoing investigations into the Deepwater
Horizon drilling rig incident in the Gulf of Mexico earlier this
month. Halliburton extends its heartfelt sympathy to the families,
friends and our industry colleagues of the 11 people lost and those
injured in the tragedy.
As one of several service providers on the rig, Halliburton can confirm
Halliburton performed a variety of services on the rig, including
cementing, and had four employees stationed on the rig at the time of
the accident. Halliburton's employees returned to shore safely, due,
in part, to the brave rescue efforts by the U.S. Coast Guard and other
Halliburton had completed the cementing of the final production casing
string in accordance with the well design approximately 20 hours prior
to the incident. The cement slurry design was consistent with that
utilized in other similar applications.
In accordance with accepted industry practice approved by our
customers, tests demonstrating the integrity of the production casing
string were completed.
At the time of the incident, well operations had not yet reached the
point requiring the placement of the final cement plug which would
enable the planned temporary abandonment of the well, consistent with
normal oilfield practice.
We are assisting with planning and engineering support for a wide
range of options designed to secure the well, including a potential
Halliburton continues to assist in efforts to identify the factors that
may have lead up to the disaster, but it is premature and irresponsible
to speculate on any specific causal issues.
Halliburton originated oilfield cementing and leads the world in
effective, efficient delivery of zonal isolation and engineering for the
life of the well, conducting thousands of successful well cementing jobs
each year. The company views safety as critical to its success and is
committed to continuously improve performance.
Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With more than 50,000
employees in approximately 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 Web site
Christian Garcia, +1-281-871-2688
Halliburton Corporate Affairs
Cathy Mann, +1-281-871-2601