Media Announcement

3000 N. SAM HOUSTON PKWY E. • HOUSTON, TX 77032

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FOR IMMEDIATE RELEASE Halliburton's FlexRite® Multibranch Inflow Control (MIC) System Wins Meritorious Award for Engineering Innovation

HOUSTON - May 5, 2014 - Halliburton (NYSE: HAL) announced today that its FlexRite® Multibranch Inflow Control (MIC) system was awarded E&P magazine's Meritorious Award for Engineering Innovation at the Offshore Technology Conference.
The Hart's Meritorious Award for Engineering Achievement, established in 1971, is the industry's oldest awards program annually honoring the world's best new technologies for finding, developing and producing oil and gas wells. Entries are judged on their significance as game-changers by a panel of respected industry experts with engineering and technical backgrounds.
The FlexRite MIC system is an innovative multilateral junction and completion system that allows a multilateral well to be completed with sand screens, swellable packers, Inflow Control Devices, and Internal Control Valves to help maximize oil production from each multilateral leg. It is the world's first multilateral completion system that provides sand control at the junction and the ability to remotely control the flow of each individual branch of a multilateral well with three or more legs, without costly subsea intervention.
Ahmed Kenawi, vice president of Halliburton's Sperry Drilling business line said, "We are proud of this award and the capabilities demonstrated by the FlexRite MIC system. Sperry Drilling has once again demonstrated leadership in multilateral technology innovation, helping operators to improve well management with greater flexibility, optimize production rates and enhance oil recovery."

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 75,000 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.

Media Announcement

3000 N. SAM HOUSTON PKWY E. • HOUSTON, TX 77032

PHONE 281.871.2699

# # # CONTACTS For Investors: Kelly Youngblood Investor Relations

investors@halliburton.com

281-871-2688

For Media:

Cathy Mann

Global Marketing & Strategy pr@halliburton.com

281-871-2601

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