Halliburton Recognized for Multilateral Systems Technology

Halliburton's Drilling and Formation Evaluation Division has won the 2007 Offshore Energy Achievement Award in Well Construction for its Sperry Drilling Services' ReFlexRite multilateral system. The ReFlexRite system technology is an important step toward extending the productive life of existing wells in mature fields in a cost-effective manner. The system makes it possible to convert a simple horizontal well into a multilateral well, while simultaneously maintaining the production from the original wellbore.

The ReFlexRite system was recently deployed in Hydro's Troll West Field in Norway. Using the ReFlexRite system technology, an existing horizontal well was converted to a multilateral well for the first time in the life of the field. After the successful installation, the daily production rates increased over 300 percent to 7,550 bbl/day by allowing an additional 5,138 meters of new reservoir exposure through the newly created junction.

"This award is a tribute to the diligent and innovative work of Halliburton employees and we are very proud to have our ReFlexRite multilateral system recognized by a panel of experts as one of the best engineering efforts in the industry," said Tim Probert, senior vice president, Drilling and Formation Evaluation Division.

The Offshore Energy Achievement Awards program, sponsored by Offshore Engineer magazine, recognizes outstanding engineering efforts in 10 categories Facilities; Field Life Extension; Geoscience; Health, Safety and Environment; Industry Champion; Emerging Innovation Technology; Project of the Year; Production; Well Construction and Contribution to Community. A steering committee, made up of technology experts, selects the award winners from more than 100 nominations from around the world.

Halliburton, founded in 1919, is one of the world's largest providers 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 KBR.

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