Halliburton 2011 Annual Report Download - page 6

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DELIVERING RESULTS
Opportunity in Australia
With an estimated 396 trillion cubic feet
of technically recoverable natural gas
in Australia, Halliburton is currently
supporting our customers’ exploration
programs for shale, tight gas and coal
seam gas in this promising region. In
contrast to North America, international
markets have restricted access to the
capital required for unconventional
development. Halliburton continues to
accelerate the transfer of equipment
to international markets to meet
customer demand.
IN UNCONVENTIONALS
RAPIDSUITE™ SYSTEM In unconventional fields, our RapidSuite™ system
provides operators new options for completing horizontal multi-zone wellbores
to enable highly accurate placement of fractures. This innovative ball-activated
technology allows for continuous pumping over multiple zones, reducing
completion times by 50 percent or more while reducing water requirements.
Halliburton has successfully delivered this integrated technology in the
Permian and Williston basins, in South Texas and in unconventional plays
internationally.
CLEANSUITE™ SYSTEM TECHNOLOGIES Halliburton provides engineering
solutions that set new standards for environmental safety while helping our
customers do more with less. Our CleanSuite™ technologies include three
“green” Halliburton proprietary completion technologies for both hydraulic
fracturing and water treatment.
Our CleanStream® service technology dramatically reduces the volume of
conventional biocides required, through treatment with ultraviolet light.
We treated more than a billion gallons of fracturing fluid in 2011, substantially
reducing the volume of biocides needed to be transported and consumed.
The CleanWave® water treatment system is a mobile service for recycling
produced and flowback water. The system uses an electrical process to remove
unwanted suspended contaminants in water, quickly preparing it for reuse.
Our CleanStim® fracturing service uses a new fracturing fluid formulation
made with ingredients exclusively sourced from the food industry. In addition
to environmental benefits, the CleanStim fluid system provides excellent
performance in terms of production over the life of the well.
These CleanSuite technologies and our “Frac of the Future” developments,
which improve our operational and capital efficiency, will be instrumental in
ensuring development of unconventional resources in increasingly efficient
ways in North America and emerging international markets. We have great
enthusiasm for international development, and believe that our unique
technology, global footprint and track record of execution make us very well
positioned as these markets grow.
HALLIBURTON
04
ADVANCING TECHNOLOGY