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Landmark Graphics Releases Performance-Enhanced GeoGraphix Discovery Solution

DALLAS, Nov 28, 2001 (BUSINESS WIRE) --

An Integrated PC-Based Geological and Geophysical Interpretation Solution for Petroleum Geoscientists

Landmark Graphics Corporation, a wholly owned business unit of Halliburton Company (NYSE:HAL), today announced a new release in the GeoGraphix Discovery(TM) solutions suite. The new Discovery release provides an integrated Windows(R)-based geological and geophysical interpretation solution for the petroleum geoscientist, with enhanced performance for operations within standalone and network environments.

This new release delivers the latest functionality and benefits available to geophysicists and geologists, improving both data and functional integration between the seismic, geologic and log interpretation capabilities of Discovery. System throughput and concurrent access performance within network environments are improved dramatically. In preliminary tests, a number of modules performed as much as 2 to 10 times faster than previous versions. Additional user benefits include major G&G workflow improvements with more than 90 enhancements to the system ranging from simplified user interfaces to new streamlined workflows.

"GeoGraphix releases -- like this new Discovery release -- represent a key element in Landmark's vision to provide the perfect technology mix necessary for meeting the business and exploration requirements of all of our customers, regardless of the size and scope of their operations," said John Gibson, president and CEO of Landmark. "Over the next few years, we believe the industry will see a shift in the way that independent companies or smaller exploration groups apply geoscience technologies, one that will require easier-to-use, value-based, high-performance systems."

In addition to performance and usability improvements, the new release also features powerful new geoscience tools across all Discovery applications -- SeisVision, GESXplorer, PRIZM and LogM. These new geoscience tools consist of depth domain seismic interpretation, enhanced color palette editing and control, new image track displays, new fluid substitution modules, faster gridding and contouring, enhanced map making, including faster text editing and production mapping. The release marks a new era for the integrated G&G solution.

"Our development efforts previously have focused on integrating the broad suite of GeoGraphix geological and geophysical interpretation products to create what we believe is the first and only truly integrated G&G interpretation system on the Windows platform," said Rick Slack, vice president of Landmark's GeoGraphix operation. "Now that we have achieved this goal, we are defining a new vision for GeoGraphix -- to develop accessible and affordable software that dramatically streamlines our users' most common workflows. This release is a first step toward fulfilling that vision."

Landmark's GeoGraphix operation delivers the leading integrated geophysical, geological and petrophysical software solutions for the Microsoft Windows desktop. Visit the GeoGraphix solution 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 enable customers to optimize their technical, business and decision processes. Visit the Landmark Web site at www.lgc.com for more information.

Halliburton Company, founded in 1919, is the world's largest provider 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, GeoGraphix and Discovery are trademarks or registered trademarks of Landmark Graphics Corp.

CONTACT:          Landmark Graphics Corp.
                  Rod Hotz, 281/368-5766
                  rhotz@lgc.com
                  or
                  John Basche, 303/296-0596
                  jbasche@geographix.com