Halliburton Achieves First Installation of SmartPlex® Downhole Control System

  

Successful installation of system using electro-hydraulic control lines in a six-zone multilateral well

HOUSTON – September 29, 2015 – Halliburton's Completion Tools business line (NYSE: HAL), successfully achieved the first installation of the SmartPlex® downhole control system in a six-zone multilateral well. The installation was a joint effort across functional teams within the Intelligent Completions group, and was the first electro-hydraulic system installed by Halliburton in the Middle East. The installation was completed with zero non-productive time and no HSE issues.

The SmartPlex downhole control system enables remote actuation of downhole control devices using electro-hydraulic control lines from the surface. The multi-drop system provides simple and reliable zonal control of up to 12 interval control valves in a single wellbore, using a minimum number of control lines.

Wayne Wallace, strategic business manager for Halliburton Intelligent Completions said, "The SmartPlex system provides our customers with the ability to control an increased number of zones, assisting them to acheive improved reservoir performance and increased ultimate recovery."

Halliburton introduced the SmartPlex system to address a market need for multi-zone completions to improve reservoir performance and reduce operator costs related to installation and control of the multi-zone solution. The system activates valves significantly faster than competing direct hydraulic control systems. It also offers the ability to selectively open and close different sets of valves, reducing uncertainty and allowing for multi-zone completions with a high degree of reliability. The electro-hydraulic (EH) architecture has numerous advantageous over current electro-mechanical control systems available today. One such advantage is that the EH architecture allows for efficient locomotive force to move an interval control valve under differential pressure. The SmartPlex system was designed mainly for dry tree applications commonly used in land wells, and is suitable for extended reach horizontals with narrow pay zones.

For more information, please visit the SmartPlex website.

About Halliburton

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With over 70,000 employees, representing 140 nationalities in over 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle 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 website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Oilpro and YouTube.

Contacts

For Investors:
Kelly Youngblood
Investor Relations
investors@halliburton.com
281-871-2688

For Media:
Stacia Dickson
Industry Communications
pr@halliburton.com
281-575-4011 

 

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