News

18.06.2014

Halliburton announced the partnership with Corporation Energy

Halliburton announced the partnership with Corporation Energy

On June 17, 2014 Halliburton issued the press-release that announced the contract execution between the company and Corporation Energy on the joint exploitation and development of Project Yamal (Karasevskoe and Yuzhno-Tanlovskoe fields).

The first stage of cooperation with Corporation Energy implies the analysis of exploration wells to obtain subsurface insight and discover new pay zones for potential reactivation, as well as the assistance in the development of project documentation for construction of exploration and production wells, core sedimentology study and log interpretation. Moreover, Halliburton confirmed the plans on further cooperation with Corporation Energy on rig sourcing, well construction design, planning and execution of Corporation Energy’s drilling program in 2014-2015.

The management of Halliburton noted that the partnership with Corporation Energy is an integral part of its Russia strategy and that the above mentioned joint project will help Halliburton to further develop its business in Russia and Yamal region.

Halliburton’s press-release and any additional information on cooperation with Corporation Energy within the framework of Project YAMAL may be found on Halliburton official web-site or by clicking the following link:

http://www.halliburton.com/public/news/pubsdata/press_release/2014/corpnews-061714.html