Press Release

HOUSTON, May 02, 2011 (BUSINESS WIRE) -- Halliburton (NYSE: HAL) today announced the delivery of another step-change improvement in deepwater well-testing technology. The advancement provides enhanced economies to operators by enabling more efficient and reliable reservoir testing.

First, the system eliminates the need for traditionally bulky and costly sand-handling equipment and the inherent operational difficulties associated with it. Second, it streamlines rig operations by eliminating costly rig time associated with the removal of produced solids.

"In deepwater rigs where space and time are costly, the Halliburton 4 Phase Vertical Test Separator enables operators to save real estate on the rig while simultaneously avoiding non productive time associated with the use of traditional equipment," said Abdalla Awara, vice president of Halliburton's Testing and Subsea product service line. "In deepwater environments, this can translate into significant cost savings for oil and gas operators."

The Halliburton 4 Phase Vertical Test Separator recently demonstrated noteworthy time and cost savings for an operator in Brazil.

For more information, visit /access.halliburton.com/%2CDanaInfo=www.halliburton.com%2B.

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 60,000 employees 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 company's website at www.halliburton.com.

SOURCE: Halliburton

Halliburton
For Media:
Tara Mullee Agard, 281-871-2601
tara.mullee@halliburton.com