Halliburton Introduces Innovative Technologies, Sustainable Solutions at ADIPEC

Rhea-AI Summary

Halliburton Company (NYSE: HAL) showcased innovative technologies and sustainable solutions at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). CEO Jeff Miller participated in a strategic panel on November 1, discussing the industry’s commitment to decarbonization while meeting global energy demand. New products include the BrightStar® service for enhanced drilling performance, the FloConnect® automation platform for safer operations, and the NeoCem™ E+ and EnviraCem™ systems that reduce carbon emissions in cementing processes.

Positive

• Introduction of new technologies enhancing drilling performance and safety.
• BrightStar® service maps formation changes up to 100 feet ahead of the bit, improving drilling decisions.
• FloConnect® platform automates well testing, enhancing safety and operational efficiency.
• NeoCem™ E+ and EnviraCem™ systems reduce carbon emissions, improving environmental impact.

Negative

• None.

Halliburton Chairman, President and CEO Jeff Miller Participates in Nov. 1 Strategic Panel

ABU DHABI--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) today announced new products that highlight innovative technologies and sustainable solutions as part of its presence at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). In addition, Halliburton Chairman, President, and CEO Jeff Miller will participate Tuesday, Nov. 1 at 1:45 p.m. on the strategic panel, “Reconciling upstream oil and gas investment and the energy transition to meet global energy demand growth.” Miller will discuss how the industry addresses its commitment to decarbonization and the energy transition while ensuring the worldwide economy has the fuel it needs to continue to grow.

Collectively, the new technologies promote more precise and efficient drilling performance, remote automation for enhanced safety, and a reduced carbon footprint for cementing activities.

The BrightStar^® look-ahead resistivity service, the most recent addition to the Halliburton iStar™ drilling and logging platform, reveals the path ahead of the bit to deliver superior drilling performance and consistent well delivery. In one compact collar design, the BrightStar service maps formation and fluid boundaries up to 100 feet (30 meters) ahead of the bit, detecting formation changes with near-bit resistivity and anisotropy to increase geo-stopping confidence and accelerate proactive drilling decisions.

The FloConnect^® surface automation platform is a fully automated and scalable solution for efficient and safe surface well testing operations. An industry first, FloConnect controls, measures, and analyzes surface well testing through automated workflows. It allows data access in real time, process monitoring, and control from a command center or remote location. FloConnect reduces operational variabilities and optimizes workforce deployment, which improves personnel safety and lowers exposure to hazardous and complex operations by taking personnel out of the red zone.

The NeoCem™ E+ and EnviraCem™ systems leverage synergies between the chemical and physical properties of specialized materials combined with Portland cement. Halliburton’s innovative tailoring process engineered these reduced Portland systems to deliver high-performance, compressive strength and ductility at a lower density than conventional systems for improved barrier dependability. The Portland cement reduction helps customers lower their carbon emissions and provides engineered cement systems with enhanced cement sheath performance.

Join Halliburton Oct. 31 – Nov. 1 in Hall 5, booth #5250 to learn more about the Company’s innovative technologies and sustainable solutions.

ABOUT HALLIBURTON

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221030005009/en/

Investor Relations Contact

David Coleman

investors@halliburton.com

281-871-2688

Press Contact

Brad Leone

pr@halliburton.com

281-871-2601

Source: Halliburton Company

FAQ

What technologies did Halliburton introduce at ADIPEC?

Halliburton showcased the BrightStar® drilling service, the FloConnect® automation platform, and NeoCem™ E+ and EnviraCem™ systems at ADIPEC.

When did Jeff Miller speak at the ADIPEC event?

Jeff Miller spoke on November 1, 2023, at the Abu Dhabi International Petroleum Exhibition and Conference.

What is the purpose of the BrightStar® service?

The BrightStar® service enhances drilling performance by mapping formation changes up to 100 feet ahead of the drill bit.

How does the FloConnect® platform improve safety?

FloConnect® automates well testing operations, reducing personnel exposure to hazardous conditions, thereby enhancing safety.

What are the environmental benefits of NeoCem™ E+ and EnviraCem™ systems?

These systems help lower carbon emissions by utilizing a reduced Portland cement formulation, improving overall cement performance.