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Wednesday, September 21, 2005
PRESS RELEASE–HOUSTON–Sept. 20, 2005–Halliburton (NYSE:HAL – News) continues to improve on a technology that it first commercialized in 1949 — hydraulic fracturing — by introducing its new Zero-D(TM) diesel-free liquid gel concentrates. This industry-leading advancement will help operators move to higher levels of environmental performance.
Hydraulic fracturing is a mature and heavily researched technology that involves the pumping of carefully designed fluid systems under pressure into potentially productive formations to enable the production of oil or gas. In light of global demand for natural gas, hydraulic fracturing is critical to the production of hydrocarbons.
"We’re taking a dramatic and proactive approach by providing operators with fluids systems made from diesel-free liquid gel concentrates," said Jim Prestidge, a vice president in Halliburton’s Energy Services Group Production Optimization Division. "Our new Zero-D systems will offer a more environmentally attractive alternative to the current systems available in the market, both in the formation and on the surface."
Zero-D formulation is designed to be used with Halliburton’s most popular fracturing fluid systems — including SilverStim(TM), Delta Frac(TM), DeepQuest(TM) and SeaQuest(TM) fluids — applicable over a broad range of depths and temperatures in virtually any formation where fracturing can help improve production.
The new diesel-free formulations have been proved in field trials to provide the same high performance as the previous versions.
Halliburton, founded in 1919, is one of the world’s largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services and Engineering and KBR. The company’s World Wide Web site can be accessed at www.halliburton.com.
Contact:
Halliburton Public Relations, Houston
Zelma Branch, 713-759-2601
[email protected]
Source: Halliburton
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