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Halliburton Launches FlexRite® Multilateral System to Maximize Reservoir Contact

System built on industry-proven technology to provide operators with robust, reliable multilateral solutions

FOR IMMEDIATE RELEASE – HOUSTON – October 3, 2023 – Halliburton Company (NYSE: HAL) today introduced the FlexRite® Selective Access multilateral completion system to address more complex and demanding well scenarios. Multilateral systems maximize reservoir contact, creating cost and time savings while also reducing the environmental footprint.

The FlexRite Selective Access system builds on over two decades of Halliburton operational and technical excellence. It delivers the industry’s highest pressure ratings and can execute multilateral well strategies in complex reservoir conditions. Through an innovative combination of stimulation capability and through-completion selective intervention, the FlexRite Selective Access system delivers life-of-well versatility to multilateral installations.

Multilateral completions maximize recovery factors and improve well economics while reducing the operator’s environmental footprint. Operators want these benefits to include time savings with operational improvements, including fewer complex junctions and increased efficiency.

David Loveless, vice president, Halliburton Completion Tools.

"The FlexRite Selective Access system is a strategic product line expansion that increases the viable applications for multilateral well strategies and provides the benefits operators seek", said David Loveless, vice president, Halliburton Completion Tools.

The FlexRite Selective Access system is part of Halliburton’s Advanced Completions portfolio, purposely engineered to improve reservoir management, enhance hydrocarbon recovery, and optimize production to provide higher revenue potential and increased asset value. Learn more about our multilateral systems.

About Halliburton

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Connect with us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Press Contact:
Brad Leone
PR@halliburton.com
281-871-2601

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