Media Announcement

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

PHONE 281.871.2699

FOR IMMEDIATE RELEASE Halliburton's TDReamTM Tool wins 2014 OTC Spotlight on New TechnologySM Award

HOUSTON - May 5, 2014 - Halliburton (NYSE: HAL) announced today that its TDReamTM tool is one of the winners of the Offshore Technology Conference's Spotlight on New TechnologySM Awards. Each year OTC selects award winners that represent the latest and most advanced technologies in the industry.
The TDReam tool is an innovation over traditional reamers, which are typically housed above rotary steerable and logging-while-drilling tools in the reaming- while-drilling assembly. A typical reamer creates a long rathole that requires an extra trip to enlarge the hole to total depth. By contrast, the TDReam integrated reamer is positioned between the drill bit and the rotary steerable system to enable rathole length to be reduced to less than 3 feet without the extra trip.
The TDReam tool is activated once it reaches total depth to enlarge the rathole left beneath the reamer. This service allows casing and cementing operations to be performed without the need for a dedicated rathole cleanout beforehand. At a spread rate of $900 per minute, the cost of an extra trip could run up to $2 million using a traditional reamer. The TDReam tool saves time and money, and reduces the risks inherent with multiple trips down hole and pipe handling operations at the surface.
Francisco Tarazona, vice president, Halliburton Drill Bits & Services noted, "The TDReam tool is a unique technology solution for challenges related to rathole length. It eliminates the need for a dedicated rathole drill and cleanout, reduces Equivalent Circulating Density and lessens the risk of cement contamination."
For more information, visit the TDReam site.

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

Media Announcement

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

PHONE 281.871.2699

evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company's website at www.halliburton.com.

# # # 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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