HALLIBURTON: Collaborative Solutions for Maximum Asset Value

14 March 2024

Founded in 1919, Halliburton is one of the world’s leading providers of products and services to cater for the constantly evolving needs of the energy industry. More than 45,000 employees across more than 80 countries allow Halliburton to solve customer production challenges, delivering technologies and processes that increase production and improve operating performance.

Supported by:

“We create innovative technologies, products, and services,” Halliburton opens, “that help our customers maximise their value throughout the life cycle of an asset and advance a sustainable energy future.”

For more than 100 years now Halliburton’s experts have collaborated to engineer solutions enabling customers achieve this optimisation, combining technology, services, and execution expertise to assist with hydrocarbons location, geological data management, drilling and formation evaluation, well construction and completion and production optimisation throughout an asset’s lifetime.

Unshakeable core values fortify everything that goes on at Halliburton, with the seemingly daily transformations taking place underpinned by the unique melange of collaboration and creativity, reliability and respect and integrity, all held together by, “priority number one”: safety.

INNOVATIVE TECHNOLOGIES

A spirit of innovation and the constant pledge to add more and better value results in a barrage of products and services that improve upon their predecessors. In January, Halliburton added CorrosaLock™ Cement System to its fast-growing carbon capture, usage and storage (CCUS) portfolio, a new solution providing corrosion-resistance for long-term barrier support joining the WellLock resin system, ThermaLock cement and CorrosaCem cement system already within Halliburton’s wheelhouse.

Designed for CO2 storage, the CorrosaLock cement system is a composite of Portland-based cement and Halliburton’s proprietary WellLock resin system. The incorporation of resin then generates a film on the composite surface, in turn creating a coating effect that aids in bonding while reducing the system’s effective porosity and forming an adhesive layer to help protect cement from CO2 degradation.

Enhanced cement sheath elasticity and shear bond strength are the headline results, that allow the barrier to better withstand downhole forces during cyclic injection and provide increased anchoring force to the formation compared to conventional cement systems. “Cementing wells for CCUS presents unique challenges,” underscores Matt Lang, VP of Cementing. “These projects aim for permanent underground CO2 storage, which requires long-term cement sheath integrity.

“The significant permeability reduction and enhanced mechanical properties of our CorrosaLock system address those challenges for our customers and builds on Halliburton’s decades of experience designing annular barriers for corrosive environments.”

Lang also had recent cause for celebration with the launch of Obex EcoLock, the latest addition to the Halliburton family of compression-set packers that helps prevent sustained casing pressure (SCP). “Obex EcoLock is an excellent economic alternative to inflatable and expandable packers to deliver isolation assurance independent of losses or circulation pressures,” said Lang of this cost-effective mechanical barrier to mitigate low pressure gas or fluid migration.

“The addition of this tool to our Obex packer portfolio enables us to deliver a suite of API/ISO validated casing annular barriers to keep pressure away from the surface and support cemented barriers.”

ENERGY EVOLUTION

Alongside new and improved versions of existing products, Halliburton has established something of a knack of bringing first-to-market technological advancements, too, as was the case in the enhanced probe section with Reservoir Xaminer and its dual quartz pressure sensors. Surpassing formation testing boundaries with reliable, high-quality data that can be monitored in real time, Reservoir Xaminer is designed to provide fast, high-quality, and customized data, even in the toughest conditions, as highlighted by Chris Tevis, VP Wireline and Perforating. 

“The service shows a more complete picture of the well in less time,” Tevis summarised. “It gives operators a one-stop pressure gradient and allows them to obtain four times the data that other tools provide in the same stop.” Nanotechnology has been a further boon to the Halliburton offering, in the form of last year’s BaraFLC Nano-1 Wellbore Stability Sealant designed to boost wellbore stability. 

The new sealant works with Halliburton’s existing conventional and high-performance water-based fluid systems to create a tighter, more secure seal that decreases fluid loss into the formation, explained Toby Dixon, senior vice president. “In many areas around the world, our customers require high-performance water-based fluid systems to maximise the value of their wellbore,” Dixon assessed. 

“We developed nanotechnology that results in a step change compared to conventional sealants and rivals the performance of oil-based fluids.” 

“We are resourceful,” Halliburton concludes of its mission to deliver technology and services that improve efficiency, increase recovery and maximise production. “We are innovative and strive to apply the right technology and solution every time. As energy evolves, so will Halliburton — just as we have done for the past century. 

“Our core competencies, innovative technology, and service excellence have an important role to play whether in emerging or established economies, and we have the global footprint and vast knowledge to help our customers provide secure, reliable, affordable energy to the world.”

Pin It on Pinterest

Share This