HOUSTON - Halliburton (NYSE: HAL) has developed four complementary
fracture stimulation technologies to help reduce operators' production
cost per barrel of oil equivalent (BOE) and to reduce the use of fresh
water in oil field operations. These innovations are OmegaFracTM fluid,
MonoPropTM proppant, the ADPTM (advanced dry polymer) blender and the
MimicTM fluid measuring device.

"With these technologies, Halliburton offers the industry greatly
improved production recoveries compared to those achieved with
conventional fracturing techniques," said David King, president,
Halliburton's Completion and Production Division. "While developing
these solutions, we challenged our scientists to minimize demands on the
world's finite fresh water resources, supporting our efforts in
environmental sustainability."

OmegaFrac fluid is based on a proprietary biopolymer that provides easy
clean-up to maximize retained conductivity. It is the first fracturing
fluid to practically and economically blend with field-produced brine
water and effectively suspend and deliver proppant into the fracture.

Virtually all fluids used in fracturing treatments today are blended
from fresh water and natural polymers to produce the complex fluid
required to deliver the proppant; however, OmegaFrac fluid eliminates
the need to use potable water without compromising the necessary fluid
qualities.

Halliburton's new fracturing solution represents a breakthrough by
consistently achieving a partial monolayer, or the expansive
distribution of propping particulates throughout the fracture.
Halliburton's MonoProp proppant, carried optimally with OmegaFrac fluid,
offers an improvement over existing proppants by achieving a partial
monolayer of deformable polymer alloy particles to maintain adequate
fracture width without creating flow impediments. This allows
unrestricted fluid flow of hydrocarbon from the formation through the
fracture to the wellbore.

Two more innovations enable Halliburton to vary fluid characteristics
according to the fracturing plan or in response to changing treatment
conditions. On the environmental front, the ADP blender mixes
Halliburton fracturing fluids from a dry-polymer base rather than a
hydrocarbon-based concentrate. The other innovation, the Mimic proppant
transport measuring device, directly measures the ability of the
fracturing fluid to transport the propping agent under specific downhole
conditions. Until now, this measurement could only be inferred from the
viscosity of the fluid.

"A partial monolayer fracture treatment was formerly only a theoretical
achievement," said Ron Hyden, Stimulation group manager, Halliburton.
"When we apply these technologies in tight gas reservoirs, we are
generally seeing cumulative production that is 25 percent better than
conventionally fractured wells. And, operators tell us that reducing
the environmental impact - especially eliminating the need for relying
on fresh water for fracturing treatments - is as attractive to them as
the decreased production costs."