HOUSTON--(BUSINESS WIRE)--Oct. 5, 2009--
Today, at the Society of Petroleum Engineers’ Annual Technical
Convention and Exhibition in New Orleans, Halliburton (NYSE:HAL)
introduced new solutions designed to help operators address the
challenges they face with unconventional gas reservoirs due to
significant variances across plays, increasing reservoir complexity and
rapid production decline.
“Halliburton understands and is responding to these challenges,” said
David King, president, Completion and Production Division, Halliburton.
“Experience shows that improving overall reservoir understanding, along
with offering customized solutions, can help operators develop assets
that could not be technically or economically produced before.”
For example, Halliburton’s Stimulation for the Digital Asset™ workflow
now provides the capability to view real-time stimulation data in
engineering, geological and geophysical interpretation environments.
This enables operators to use all the information they have not only to
monitor and adjust treatments on the fly, but also to design better
stimulation treatments, improve perforation strategies, and improve
field development plans. This workflow brings together leading solutions
from Halliburton’s fracturing, microseismic mapping, and software
products and services.
The company’s Cobra Frac® H coiled-tubing-based fracturing
service helps operators achieve increased fracture intensity by enabling
the placement of virtually an unlimited number of fractures in the
horizontal section of a well. This solution, based on Halliburton’s
unique treatment process coupled with a new bottomhole assembly using
advanced elastomer technology, has already provided significantly
improved production from more than 30 horizontal wellbores in Canada’s
Spearfish tight-sand formation. The Cobra Frac H service utilizes a
bottomhole assembly which enables post-frac analysis to determine
treatment effectiveness and it can also be used to efficiently
refracture existing wellbores.
Halliburton also has a new extreme-temperature synthetic fracturing
fluid comprising the first system that performs confidently at
temperatures above 450°F while providing the proppant transport
capabilities critical for the successful fracturing of deeper, hotter
formations. In addition, this fluid system does not require a formation
cool-down process, as did previous systems, which often contributes to
poor initial well performance. This new fluid system is helping
operators turn high-temperature discovered resources into producing
assets.
Halliburton also helps operators manage the health, safety and
environmental aspects of chemistry used in stimulation treatments with
the Chemistry Scoring Index, which assigns a numeric score to each
chemical used in the stimulation treatment. This solution can provide a
solid basis for choosing more environmentally focused chemistry while
reconciling it with overall well-completion costs.
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 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
at www.halliburton.com.
Source: Halliburton
Halliburton
Zelma Branch, 281-871-2601
zelma.branch@halliburton.com
