Media Announcement
FOR IMMEDIATE RELEASE
Halliburton to Build Drilling, Testing and Training Facility in Texas CAMERON, TEXAS (April 21, 2014) - Halliburton (NYSE: HAL) announced today plans for a drilling, testing and training facility near Cameron that will include testing and training wells; a workshop for tool preparation and inspection; offices; classrooms; and conference rooms. Halliburton will use the facility to test new technologies and to train employees for all of its business lines. The company’s Corporate Innovation group is managing the facility. Construction began in March 2013 and is expected to be completed in late summer 2014, when the custom rig is delivered and commissioned. Training classes will include up to 25 people per class, with future plans to train up to 150 employees at a time. Halliburton contracted with Trinidad Design & Manufacturing to build a custom drilling rig designed for drilling, product testing and training activities. Halliburton also has contracted with Iron Horse Ranch to construct and operate an employee lodging facility near the location. This facility will be used exclusively by Halliburton employees and contracted personnel who are attending training sessions and testing events. It will include 55 private living quarters, dining facilities, a common meeting/recreation room and outdoor recreation areas, including a golf driving range and fishing pond. Halliburton purchased more than 1,300 acres at the location on County Road 139, north of Cameron, in 2012. 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 Contact Susie McMichael
[email protected] +1.281.871.2601