Halliburton Company · NYSE:HAL

Halliburton — Technical Presentation (May 2014)

32 slides from Halliburton's technical presentation, May 2014

1. Slide 1: Deepwater Well Integrity Challenges: DeepAssurance Cementing Solution Suite

   Deepwater Well Integrity Challenges DeepAssurance™ Cementing Solution Suite May 2014

2. Slide 2: Cementing – History of Innovation

   Cementing – History of Innovation 1919 1922 1923 1930 1932 1938 1940 1947 First cementing job The two-plug Re-circulating Chemical First Cementing Bulk handling First truly transforms oil and gas system patented jet mixer research lab RedBook shallow-water of cement offshore well wellbore architectu

3. Slide 3: Wellbore Integrity Issues

   Wellbore Integrity Issues CONDUCTOR CASING SURFACE CASING INTERMEDIATE CASING INTERMEDIATE CASING PRODUCTION CASING © Halliburton 2014. All rights reserved. 3

4. Slide 4: Deepwater Cementing Challenges

   Deepwater Cementing Challenges  Annular Pressures  Corrosive Environments (CO2 / Salt)  Narrow Pressure Margins  Plug Setting  Reliability – Wellbore Integrity  Riserless Cementing  Temperature Variance © Halliburton 2014. All rights reserved. 4

5. Slide 5: DeepAssurance Cementing Solution Suite

   DeepAssurance™ Cementing Solution Suite © Halliburton 2014. All rights reserved. 5

6. Slide 6: DeepAssurance Cementing Solution Suite

   DeepAssurance™ Cementing Solution Suite Overview Solutions Challenges © Halliburton 2014. All rights reserved. 6

7. Slide 7: New Technologies: Centralizer

   New Technologies: Centralizer Protech™ Flex Centralizer

8. Slide 8: Protech Flex Centralizers

   Protech™ Flex Centralizers  Solid-type blades for standoff without compromise  Withstand dynamic thermal-pressure environments with shear strength rated to 880 psi  Torque and drag resistance reduced to 0.25 © Halliburton 2014. All rights reserved. 8

9. Slide 9: Bonded Directly to Casing, Liners, Drill Pipe

   Bonded Directly to Casing, Liners, Drill Pipe Protech™ Flex Centralizers © Halliburton 2014. All rights reserved. 9

10. Slide 10: Enhanced Rig Floor Safety

    Enhanced Rig Floor Safety Protech™ Flex Centralizers © Halliburton 2014. All rights reserved. 10

11. Slide 11: Uncompromised Standoff

    Uncompromised Standoff Protech™ Flex Centralizers © Halliburton 2014. All rights reserved. 11

12. Slide 12: Enhanced Flow Area

    Enhanced Flow Area Protech™ Flex Centralizers © Halliburton 2014. All rights reserved. 12

13. Slide 13: New Technologies: Offshore System

    New Technologies: Offshore System HCS AdvantageOne™ Cementing Offshore System

14. Slide 14: HCS AdvantageOne Cementing System

    HCS AdvantageOne™ Cementing System  Advanced mixing system for accuracy and reliability  Unit health monitoring  Pre-job systems check, automated valve configuration  Faster, simpler installation with a reduced footprint © Halliburton 2014. All rights reserved. 14

15. Slide 15: HCS AdvantageOne Cementing System

    HCS AdvantageOne™ Cementing System  HSE: – Dust collection – Non-radioactive densometer © Halliburton 2014. All rights reserved. 15

16. Slide 16: HCS AdvantageOne Cementing System

    HCS AdvantageOne™ Cementing System  Onboard high-pressure test system © Halliburton 2014. All rights reserved. 16

17. Slide 17: HCS AdvantageOne Cementing System

    HCS AdvantageOne™ Cementing System  Integrated liquid additive system with slide-out automated metering pumps © Halliburton 2014. All rights reserved. 17

18. Slide 18: HCS AdvantageOne Cementing System

    HCS AdvantageOne™ Cementing System  Integrated remote controls for off-unit operation © Halliburton 2014. All rights reserved. 18

19. Slide 19: New Technologies: Software Simulations

    New Technologies: Software Simulations HCS AdvantageOne™ Cementing Offshore System

20. Slide 20: iCem Service

    iCem® Service  Predictive bond logs  Lost Circulation Modeling  Enhanced equivalent circulating density modeling  Managed-pressure cementing operations module © Halliburton 2014. All rights reserved. 20

21. Slide 21: iCem Service – ECD

    iCem® Service – ECD © Halliburton 2014. All rights reserved. 21

22. Slide 22: iCem Service – Hook Load

    iCem® Service – Hook Load © Halliburton 2014. All rights reserved. 22

23. Slide 23: iCem Service – Displacement Efficiency

    iCem® Service – Displacement Efficiency © Halliburton 2014. All rights reserved. 23

24. Slide 24: Actual Bond Log Comparison to iCem Service Data

    Actual Bond Log Comparison to iCem® Service Data Bond Log iCem Service Bond Log iCem Service Bond Log iCem Service © Halliburton 2014. All rights reserved. 24

25. Slide 25: New Technologies: Cementing System

    New Technologies: Cementing System SaltShield™ Cement

26. Slide 26: Salt Zone Challenges

    Salt Zone Challenges  Reactive salt zones could gel slurry during placement  Formation salt could dissolve into slurry affecting curing  Salt creep / movement could damage cement sheath and/or casing © Halliburton 2014. All rights reserved. 26

27. Slide 27: SaltShield Cement

    SaltShield™ Cement  Withstands loads due to salt creep  Resistant to gelation upon salt contamination  Low permeability and good compressive strength  WellLife® Service – Modeling of Plastic Salt Flow © Halliburton 2014. All rights reserved. 27

28. Slide 28: SaltShield Cement – Remains Pumpable

    SaltShield™ Cement – Remains Pumpable In Spite of Salt Contamination © Halliburton 2014. All rights reserved. 28

29. Slide 29: SaltShield Cement – Remains Pumpable

    SaltShield™ Cement – Remains Pumpable In Spite of Salt Contamination © Halliburton 2014. All rights reserved. 29

30. Slide 30: SaltShield Cement – Remains Pumpable

    SaltShield™ Cement – Remains Pumpable In Spite of Salt Contamination © Halliburton 2014. All rights reserved. 30

31. Slide 31: SaltShield Cement – Remains Pumpable

    SaltShield™ Cement – Remains Pumpable In Spite of Salt Contamination © Halliburton 2014. All rights reserved. 31

32. Slide 32: Questions

    Questions © Halliburton 2014. All rights reserved. 32

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