Halliburton news

Halliburton has announced an agreement with GroundMetrics, a San Diego company specialising in the development of electromagnetic sensor systems, to deliver full field reservoir characterisation and monitoring services.

Hybrid coiled tubing services combine diagnostic and intervention capabilities in a single trip downhole.

Reference is made to the stock exchange release issued on 16 December 2015 in which Polarcus Limited announced an award for a 3D marine seismic project in South America.

In the market of drilled and uncompleted (DUC) wells, there have been concerns about using frac sleeves in the completion design, then having them reliably open one, two, and almost three years later with repeatable success.

Halliburton has announced the release of Cruzer™ depth-of-cut rolling element, an innovative drill bit technology designed to increase tool face control without reducing drilling efficiency.