Halliburton Introduces Spectrum℠ Real-Time Coiled Tubing Services

Coiled tubing services deliver real-time subsurface data to help optimize well interventions and completions performance

HOUSTON - April 6, 2016 - Halliburton’s Production Solutions business line today introduced Spectrum℠ Real-Time Coiled Tubing Services. This suite of services is designed to deliver more accurate, more complete downhole measurements, and exceptional reliability—leading to a higher return on investment for completion and intervention operations.

Spectrum℠ Real-Time Coiled Tubing Services comprises two complementary offerings: Spectrum Diagnostic Services and Spectrum Intervention Services. These services integrate Halliburton’s coiled tubing with down-hole measurement tools, fiber optic sensing and telemetry, to deliver complete, accurate real-time data. Operators are better able to minimize uncertainty, assess reservoir performance, and monitor wellbore conditions, helping them significantly improve well intervention operations and production.

Spectrum Diagnostic Services delivers fiber-optic distributed sensing through coiled tubing to assess well productivity and completions effectiveness by identifying fracture initiation points across the wellbore and profiling production. An alternative to traditional production logs, Spectrum Diagnostic Services can monitor a time series of data across the entire wellbore as opposed to single snapshots in time. Applications for Spectrum Diagnostic Services include determining stimulation cluster efficiency, fracture mapping, production profiling, leak detection and assessment of wellbore integrity.

"Spectrum Diagnostic Services is one of the first technologies to provide this detailed analysis on a per stage basis for the entire length of the wellbore," said Ahmed El Demerdash, vice president of Halliburton’s Production Solutions business line.

Spectrum Intervention Services delivers real-time monitoring from a bottom-hole assembly, with modular sensors for measuring depth correlation with casing collar locator and gamma ray, internal and external pressure and temperature, tool inclination, torque, tension, and compression. Compared to standard operations where only surface parameters are available, downhole insight from Spectrum Intervention Services helps reduce operational risk and increase precision to deliver better wells. These services have multiple applications, including milling, wellbore cleanouts, fishing, perforating, stimulation, and completion equipment manipulation.

“In this economic environment, customers are evaluating the effectiveness of completion methods and looking to minimize the number of trips downhole,” El Demerdash said. "They also want to identify areas of greatest production contribution to determine how best to extend the life of the well. Spectrum Real-Time Coil Tubing Services enables customers to improve connectivity to the reservoir and reduce uncertainty. These services are designed for customers seeking to increase returns on every well."

For more information on Spectrum Real-Time Coiled Tubing Services, visit our website.

About Halliburton

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With approximately 65,000 employees, representing 140 nationalities in approximately 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 and YouTube.

Contacts

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

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

 

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