HOUSTON - Landmark, a product service line of Halliburton's (NYSE: HAL) Drilling and Evaluation Division, announced today at the annual meeting of the Society of Exploration Geophysicists (SEG) in San Antonio, Texas, that it has agreed to donate $400,000 to the SEG Foundation to help fund the development of a new Web site, SEG Online.
"We are proud to partner with SEG to create this new, world-class Web site to help meet the needs of geophysicists around the world," said Doug Meikle, Landmark vice president. "Today's geophysicists must handle more data at a faster pace, leaving less time and resources for professional development and mentoring the next generation. Halliburton and Landmark recognize the value in providing digital online access to comprehensive, leading-edge information, and we are proud to play a role in this solution that will strengthen the global geophysical community."
SEG has commenced a multi-year program to develop an Internet presence that will provide its 27,000 members with global access to all current applied geophysical knowledge, including publications, conference presentations, distinguished lectures, continuing education courses, research activities, vendor expertise, career information, university programs and peer consultation and collaboration. The site will target practicing geophysicists, students and youth around the world. The first phase of the program, to be completed in late 2007, provides the enabling hardware and software infrastructure to deliver the new capabilities and content.
"The SEG has become a truly global organization, with over 60 percent of our members residing outside of the United States. It is essential that SEG provide the knowledge, expertise and continuing education our members require wherever they are located," said SEG President Leon Thomsen. "To do this, SEG has developed a plan for SEG Online and made a substantial financial commitment to the first phase. The successful achievement of our vision of comprehensive online geophysical information serving current and future members will require continued commitment and investment. We are pleased to partner with Halliburton, a company that understands the power of the digital age."  
Halliburton and Landmark have been active supporters of SEG for more than 15 years through various donations and sponsorships, including the provision of undergraduate and graduate scholarships and the support of students' membership dues.
The Society of Exploration Geophysicists, the international society of applied geophysics, is a not-for-profit organization that promotes the science of geophysics and the education of applied geophysicists. SEG, founded in 1930, fosters the expert and ethical practice of geophysics in the exploration and development of natural resources, in characterizing the near surface, and in mitigating earth hazards. The Society, which has more than 27,000 members in 130 countries, fulfills its mission through its publications, conferences, forums, web sites, and educational opportunities. The SEG Foundation is a 501(c)(3) charitable not-for-profit organization that supports the educational mission of the SEG. For more information, visit www.seg.org
Landmark, a product service line of Halliburton's Drilling and Evaluation division, is the leading supplier of software, optimized computing solutions and services for the upstream oil and gas industry. The company's software solutions span exploration, production, drilling, business-decision analysis and data management. Landmark offers a broad range of consulting, services and infrastructure technologies that enable customers to optimize their technical, business and decision processes. Visit Landmark's Web site at www.lgc.com for more information on Landmark software, solutions and services.
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With nearly 50,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the life cycle of the reservoir-from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's Web site at www.halliburton.com.