Halliburton Company · NYSE:HAL

Halliburton — Technical Presentation (2014)

14 slides from Halliburton's technical presentation, 2014

1. Slide 1: TurboForce Diamond Impregnated Drill Bits

   TurboForce™ Diamond Impregnated Drill Bits

2. Slide 2: Advantages

   Advantages ▌ Longer Intervals Drilled ▌ Higher Rates of Penetration in Interbedded Formations ▌ Superior Reliability with Increased Diamond Content ▌ Lower Cost per Foot ▌ Better Design Aligned to Specific Applications © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 2

3. Slide 3: TurboForce Drill Bit Differentiators

   TurboForce™ Drill Bit Differentiators Features Benefits Mass Balancing Proprietary mass distribution calculation and balancing methods • Negates unbalanced centrifugal forces • Increases stability Continuous Shoulder Increased diamond content • Increases run length • Increases stability Hydro-Dynami

4. Slide 4: Mass Balancing

   Mass Balancing ▌ The TurboForce™ mass balancing and distribution method:  Reduces the mass imbalance force  Results in longer runs Unbalanced Internally Balanced If RPM = 1200 If RPM = 1200 Then force angle = 158° Then force angle = --- Centrifugal force = 275 N Centrifugal force = 0 N © 2014 HALL

5. Slide 5: Continuous Shoulder

   Continuous Shoulder ▌ The TurboForce™ optimized shoulder profile:  Stability is improved with increased contact area  Drill bit life is improved with increased diamond content  Results in longer runs TurboForce™ Bit IQ Series™ Bit © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 5

6. Slide 6: Hydro-Dynamic Bridges

   Hydro-Dynamic Bridges ▌ TurboForce™ hydro-dynamic bridges:  Improve flow across bottom hole  Result in better cleaning and cooling © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 6

7. Slide 7: Wear Indicator

   Wear Indicator ▌ TurboForce™ bits have a unique wear indicator:  Additive uniquely developed in a proprietary NEW manufacturing process  Results in easily recognizable and more precisely measured bit wear WORN © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 7

8. Slide 8: Optimized Active Gauge

   Optimized Active Gauge ▌ TurboForce™ new active gauge geometry:  Increases stabilization and lowers torque  Results in reduced differential sticking and less chance of a stuck bit © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 8

9. Slide 9: Case History – 8 ½ TF510D – Grady County, Oklahoma

   Case History – 8 ½ TF510D – Grady County, Oklahoma  Bromide Formation  Footage: 390 ft  ROP: 6.9 ft/hr  RPM: 1140  WOB: 5-8 Klbs  Dull Grade: 6-7-WT-A-X-In-No-TD © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 9

10. Slide 10: Case History – 8 ¼ TF510 – Middle East

    Case History – 8 ¼ TF510 – Middle East  Red Sea  Footage: 798ft  ROP: 4.23 ft/hr  RPM: 866  WOB: 10-15 Klbs  Dull Grade: 5-8–WT–S–X-In–No-CP © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 10

11. Slide 11: Case History – 8 ½ TF610D – Grady County, Oklahoma

    Case History – 8 ½ TF610D – Grady County, Oklahoma  Bromide 2 & 3 Formation  Footage: 303 ft  ROP: 10.1 ft/hr  RPM: 1200  WOB: 3-8 Klbs  Dull Grade: 7-8–RO–A–X-In–BT-PR © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 11

12. Slide 12: Case History – 8-1/2 TF616D in Congo for ENI

    Case History – 8-1/2 TF616D in Congo for ENI  8- ½ TF616D  M’boundi Field  Djeno conglomerate 65%  Footage: 481 m (out 1598m)  ROP: 4.1 m/hr  WOB: 4-7 T  Neyrfor 1300 RPM  Dull Grade: 5-2–CR–C–X-In–CT-PR  TF good run in very hard conglomerate © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 12

13. Slide 13: Case History – 8-1/2 TF616D in Congo for ENI

    Case History – 8-1/2 TF616D in Congo for ENI  Third longest run of the field in Djeno Formation iQ TF © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 13

14. Slide 14: Summary

    Summary ▌ TurboForce™ Diamond Impregnated Drill Bits  Longer Intervals Drilled  Higher Rates of Penetration in Interbedded Formations  Superior Reliablity with Increased Diamond Content  Lower Cost per Foot  Better Design Aligned to Specific Applications © 2014 HALLIBURTON. ALL RIGHTS RESERVED.

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