HOUSTON, Texas – Halliburton’s (NYSE: HAL) Energy Services Group recently completed its first project in Qatar’s North Field using an interventionless production packer – the Hydrostatic-Set Permanent Production Packer. Data from field trials and actual operator use indicate that the Hydrostatic-Set Packer, part of Halliburton’s Diamond Series™ interventionless completion system solutions, reduces completion costs as a result of  reduced rig time. In addition, the technology uses available hydrostatic pressure and minimizes wellbore intervention, which reduces the risk of damage to the well and increases safety for all personnel on the rig site.
  
“A fundamental value that permeates Halliburton design, manufacturing and operations is delivering highly reliable systems that extend the window of performance over time,” said Jim Renfroe, senior vice president, Halliburton’s Production Optimization Division. “Fundamentally, reliability is in the details, so we place as much importance on the completion design interfaces as we do on simplifying operations. With this technology, we have an interventionless completion of the well within the parameters of safety and environmental sustainability.”

Three significant facets of  the project include the seven-inch tubing size, which improves field development economics as fewer well bores are required to produce the reservoir effectively; the interventionless completion of the well, which creates measurable efficiencies and enhances safety; and the reduction in rig time due to the elimination of trips required to complete the well.

“Minimizing operational expenditures while maximizing safety and environmental sustainability makes a significant difference in cost to operators in the long run,” said Mark McCurley, vice president, Halliburton’s Production Optimization Division. “As the need for downhole activity increases, associated risks go up. This technology is designed to minimize cost and risk, and significantly improve overall field development economics.”

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. The company's World Wide Web site can be accessed at www.halliburton.com.