Halliburton Introduces Knoesis

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Service Designed to Help Operators
Optimize Completion Efficiency and Improve Production

HOUSTON DATE Oct. 8, 2012 Halliburton announced today at the Society
of Professional Engineers Annual Technical Conference (SPE ATCE) in San
Antonio, Texas, the availability of its Knoesis
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service. This new service
provides a family of software applications for use by Halliburton stimulation
technical advisors to assist operators in optimizing completion efficiency and
asset development. The applications provide improved knowledge of the
reservoir and its stimulation characteristics. Two components of the Knoesis
family are being introduced at this time: Foray and Delve.
Foray enables Halliburton technical advisors to provide operators with insight into
the fracture network created by generating a three-dimensional representation
based on the microseismic events observed during the treatment. The
representation allows design decisions to be made to control the nature of the
fracture network generated in the reservoir. The application generates images
automatically using advanced mathematics that is quick, unbiased, objective and
repeatable.
Delve enables Halliburton analysts to access both historic and current job design
data and operating experience that can be leveraged to the operators advantage
through enabling improved stimulation job design and execution.
Via Knoesis, Halliburtons technical advisors can reveal to the operators how
their reservoir responds to stimulation treatments and the level of complexity the
treatment creates. The result is a stimulation treatment with optimized efficiency,
reduced costs, and improved production.

About Halliburton
Founded in 1919, Halliburton is one of the worlds largest providers of products
and services to the energy industry. With more than 70,000 employees 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 companys website at www.halliburton.com.

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