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Reducing Days on Location and Time to First Production

Simul-Frac OperationsCasey MaxwellHalliburton Vice President – Permian Basin

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Eliminating Idle White Space

ZIPPER SIMUL-FRACWells Pumping at a Time 1 2

Rate per Well (bpm) 100 160/2 = 80 per well

Wellhead Pressure (psi) 9,500 9,000

Pump Time Per Stage (hrs) 1.27 1.58Pumping Hours/Day 16.3 16.3

Pumping Hours/Month 456 456

Stages/Month 359 577Completed Lateral Ft/Month 53,850 86,500

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Achieving Peak Performance

ExpressSand™ Delivery SystemContainerized sand delivery for maximum efficiency and reduced HSE exposure

XHD Q10™ PumpRuggedized pump designedfor shale fracturing, with Tier 4 emissions

IntelliScan™ Monitoring SystemReal-time pump health monitoring

ExpressKinect® WCUSingle-line rig-up to wellhead for maximum efficiency and safety

ExpressKinect® ManifoldSingle-pump connection for maximum efficiency and safety

ACHIEVE THE EFFICIENCY OF2 ZIPPER FRACS WITH ONLY 1SIMUL-FRAC CREW

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QEP Highlights

§ First wells 40% increase in stages completed

§ Steadily improved our efficiencies and reducing completion costs per lateral foot

§ Simulfracing wells at >80 bpm per well

§ Completed over 560 stages in a month

§ Pumped over 180M lbs of sand

§ Completed over 5,000 ft in 24-hour period

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Diamondback Highlights

§ 25% savings compared to using 2 zipper crews

§ Completed 24 stages/day

§ Pumped average of +18.5 hrs pumping per day over a five month span

§ Achieved increase of 50 to 100% in efficiency gains

§ Recent test:» Completion of 4 wells » 11 days» Translated into ~4,000 lateral ft per day

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Intelligent Fracturing

It is possible to engineer the high cost and complexity out of fiber with a scalable solution

for routine fracture monitoringHalliburton has: Resulting in:

Simplified complex fiber design $600,000 eliminated from the full installation

Reduced fiber installation times Reduction of six months down to two weeks

Reengineered downhole equipment Eliminated undesired wellbore changes, such as requiring a larger hole

Removed need for additional runs Eliminated cost and risk with an additional mapping run

Developed intelligent fracturing 15,000 stages across North America with up to 20% production uplift

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A Cognitive FleetAdapt and Respond to

Reservoir Measurements

INTELLIGENT AUTOMATION

CONTROL While Pumping Real-time Decisioning

and Fracture Commands

REAL-TIME CONTROL

LIVEVISUALIZATION

3D Virtual InterfaceLive Fracture Monitoring

and Performance Projections

Intelligent Fracturing System

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PERMIAN BASIN

Averaging

160BPM

Stimulating

3,600FT / DAY

Pumping

450HRS/ MONTH

Completing

50% MORE STAGES / MONTH

BY THE NUMBERSSIMULTANEOUS FRACTURING

Complete More Stages in Less Time

9© 2020 Halliburton. All rights reserved.