Halliburton Company · NYSE:HAL

Halliburton — Technical Presentation (2016)

25 slides from Halliburton's technical presentation, Jul 5, 2016

Slide 2: Agenda
Agenda  NE™ Tubing-Retrievable Safety Valve  SP™ Tubing-Retrievable Safety Valve  DepthStar® Tubing-Retrievable Safety Valve  High Performance Piston Seals © 2016 Halliburton. All rights reserved. 2
Slide 4: NE TRSV - Benefits of Design
NE™ TRSV - Benefits of Design ▌ 100% MTM well containment ▌ No construction seals in the communication system ▌ Highest hydraulic piston actuator pressure rating in the industry ▌ Most reliable, field-proven piston actuator in the industry ▌ MTM body connections ▌ Enhanced debris isolation © 2016 Ha
Slide 5: General Production - NE TRSV Enhanced Debris Isolation and Protection
General Production - NE™ TRSV Enhanced Debris Isolation and Protection Open Position ▌Flapper isolated from wellbore by MTM seating of flow tube ▌Inverted flow tube prevents debris from accumulating on its upper end Closed Position © 2016 Halliburton. All rights reserved. 5
Slide 6: Uses the Field-Proven SP TRSV Actuator
Uses the Field-Proven SP™ TRSV Actuator SP TRSV Actuator ▌ Single rod piston ▌ Non-elastomer seals ▌ Solid top sub construction provides for highest ▌ Hydraulic control chamber rating in the industry © 2016 Halliburton. All rights reserved. 6
Slide 7: Permanent Lock Open and Communication System
Permanent Lock Open and Communication System No leak paths in secondary communication system ▌ Separate lockout and communication capability ▌ Combined mechanical (slickline) and hydraulic operation ▌ Secondary wireline-retrievable safety valve capability © 2016 Halliburton. All rights reserved. 7
Slide 9: SP Tubing-Retrievable Safety Valve
SP™ Tubing-Retrievable Safety Valve Control Line Piston Flow Tube Flapper & Seat A Rod B Closure Mechanism B A Flapper Torsion Spring & Hinge Pin (View B-B) Piston Communication Shear Plug in Top Sub (View A-A) © 2016 Halliburton. All rights reserved. 9
Slide 10: SP Tubing-Retrievable Safety Valve
SP™ Tubing-Retrievable Safety Valve Lockout Sleeve Nipple Profile With Profile Exercise Profile Power/Closing Spring Upper Polished Bore Lower Polished Bore © 2016 Halliburton. All rights reserved. 10
Slide 11: Enhanced Debris Isolation
Enhanced Debris Isolation Isolation of Upper End ▌ Wiper seal isolates the top Wiper Seal ▌ Flow holes ensure continuous flushing during flowing conditions Clean Out Holes ▌ MTM seal on piston isolates the hydraulic system MTM Piston Downstop Seal © 2016 Halliburton. All rights reserved. 11
Slide 12: Enhanced Debris Isolation
Enhanced Debris Isolation Isolation of Upper End ▌ MTM Downstop Seat ▌ Complete Isolation of the Closure Mechanism ▌ Eliminates Flow From Entering the Operator of the Valve ▌ Full Protection During Flowing Conditions © 2016 Halliburton. All rights reserved. 12
Slide 13: Dedicated Exercise Profile
Dedicated Exercise Profile  Standard feature within all SP™ TRSVs  Allows flow tube to be manipulated upwards or downwards via slickline  Helps prevent TRSV permanent lock open © 2016 Halliburton. All rights reserved. 13
Slide 15: Challenges
Challenges  Limited system operating pressure  Depth limitations  High-pressure deepwater wells  Expensive dedicated subsea umbilical for SSSV  Reliability concerns © 2016 Halliburton. All rights reserved. 15
Slide 16: DepthStar TRSV
DepthStar® TRSV Tubing Pressure Pressure Housings Magnetic Coupler Isolated Piston  Magnetic coupler straddles the housing where the couplers are suspended magnetically  Primary magnet cylinder outside the main TRSV body hydraulically actuated by the operating piston  Secondary magnet cylinder mo
Slide 18: Tests Performed to Evaluate Magnetic Coupler
Tests Performed to Evaluate Magnetic Coupler  Electric Coils  DPU  Perforator Detonator  Reservoir Monitor Tool Elite  Collar Locator  Firing Head  Thermal Multi-decay Logging  Hostile Gamma Neutron Tool Tool  TEC Line  Memory Gauge  Fiber Optics Cable  Metal Shavings 15 separate tests
Slide 20: DepthStar TRSV – A Complete Solution
DepthStar® TRSV – A Complete Solution  Actuator removed from wellbore  Proven SP™ Actuator  Enhanced reliability  No moving seals and 100% MTM within wellbore  Low operating pressure  Operates independent of depth and wellbore pressure Winner of the Woelfel Best Mechanical Engineering Achievem
Slide 22: High-Performance Piston Seal
High-Performance Piston Seal  Multi-ring non-elastomer piston seal stack qualification program  50 psi to 25,000 psi gas  -4°C (25°F) to 232°C (450°F) temperature  Zero bubble performance – static and dynamic seals, and MTM seal independently verified gas tight for every valve manufactured © 201
Slide 23: Piston Seal Qualification Test Summary
Piston Seal Qualification Test Summary Cold Temperature Test Test Temperature Nitrogen No. of Cycles Results No. Pressure 1 25°F (-4°C) 50 psi 90 Zero bubbles / no hyd fluid leaks 2 25°F (-4°C) 5000 psi 90 Zero bubbles / no hyd fluid leaks 3 25°F (-4°C) 25,000 psi 90 Zero bubbles / no hyd fluid leak
Slide 24: Piston Seal Qualification Test Summary
Piston Seal Qualification Test Summary Hot Temperature Test Test Temperature Nitrogen No. of Cycles Results No. Pressure 1 450°F 50 psi 90 Zero bubbles / no hyd (232°C) fluid leaks 2 450°F 5000 psi 90 Zero bubbles / no hyd (232°C) fluid leaks 3 450°F 25,000 psi 90 Zero bubbles / no hyd (232°C) fluid

Halliburton Company — Technical Presentation (2016) on 6ix

Halliburton — Technical Presentation (2016)

Slide 1: Tubing-Retrievable Safety Valves

Slide 2: Agenda

Slide 3: NE Tubing-Retrievable Safety Valves

Slide 4: NE TRSV - Benefits of Design

Slide 5: General Production - NE TRSV Enhanced Debris Isolation and Protection

Slide 6: Uses the Field-Proven SP TRSV Actuator

Slide 7: Permanent Lock Open and Communication System

Slide 8: SP Tubing-Retrievable Safety Valves

Slide 9: SP Tubing-Retrievable Safety Valve

Slide 10: SP Tubing-Retrievable Safety Valve

Slide 11: Enhanced Debris Isolation

Slide 12: Enhanced Debris Isolation

Slide 13: Dedicated Exercise Profile

Slide 14: DepthStar Tubing-Retrievable Safety Valve

Slide 15: Challenges

Slide 16: DepthStar TRSV

Slide 17: Magnetic Coupler

Slide 18: Tests Performed to Evaluate Magnetic Coupler

Slide 19: DepthStar vs. SP Component View

Slide 20: DepthStar TRSV – A Complete Solution

Slide 21: High-Performance Piston Seals

Slide 22: High-Performance Piston Seal

Slide 23: Piston Seal Qualification Test Summary

Slide 24: Piston Seal Qualification Test Summary

Slide 25: Thank You