PermQuestSM Service: Superior Cleanup and Exceptional Proppant Transport Customer Challenge: Offshore – Sandstone ▌ Logistics/rig time – delays due to stimulation vessel scheduling issues inherent with fresh-water-based fluid systems ▌ Low completion skins for improved production Solution: PermQuestSM Service ▌ More flexible service delivery – proven on the fly mixing ability can greatly increases the volume of frac fluids an offshore stimulation vessel can deliver without return to dock, saving rig time ▌ Virtually residue free fluid and high performance breaker system – can provide faster cleanup, higher permeability and improved conductivity retention © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 2 PermQuestSM Service: What is it? © 2014 HALLIBURTON. ALL RIGHTS RESERVED. ▌ Natural polymer with little to no residue Broken Guar Fluid Broken PermQuest™ ▌ 100% seawater based fracturing fluid system with virtually no insoluble residue. Precise viscosity control can be achieved based on both reservoir and operational needs. ▌ Minimal damage to the formation or proppant pack ▌ Can achieve maximum regained permeability ▌ Good cleanup maximizes production 3 Why should you use it? Clean Efficient Versatile • <<1% insoluble residue • High retained proppant pack permeability • High formation core regain • Excellent proppant transport and suspension • Fast hydration • Highly efficient fluid loss properties • Fluid Stability up to 250 °F • Instant or delayed crosslinking • System can use 100% seawater • Available as powder or gel concentrate © 2014 HALLIBURTON. ALL RIGHTS RESERVED. ™ 4 Superior Formation/Proppant Pack Cleanup ™ Gel PermQuest Guar HPG CMHPG % Residue <<1% 8-15% 5-9% 2-5% © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 5 Efficiency • PermQuest™ gel can be transported to location either in dry state or as a liquid gel concentrate • The polymer hydrates rapidly in seawater without fish eye formation © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 6 Versatility • Performance can be tailored to meet various BHSTs • “Controlled Viscosities”: 100 °F to 250 °F • Fluid break profiles can be optimized by altering the breaker concentrations © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 7 Proppant Transport • Provides excellent dynamic and static proppant suspension properties • MIMIC test shows excellent proppant suspension until gel breaking occurs © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 8 Efficiency Gel (lb/Mgal) Permeability (mD) Cw (ft/min0.5) Spurt (gal/ft2) Temp (°F) PermQuest (40) 500 0.0014 0.0411 200 Hybor H (35) 500 0.0004 0.0823 200 © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 9 Why should you use it? Clean Efficient Versatile • <<1% insoluble residue • High retained proppant pack permeability • High formation core regain • Excellent proppant transport and suspension • Fast hydration • Highly efficient fluid loss properties • Fluid Stability up to 250 °F • Instant or delayed crosslinking • System can use 100% seawater • Available as powder or gel concentrate © 2014 HALLIBURTON. ALL RIGHTS RESERVED. ™ 10 Who to Contact, Where to get more information Alison Foo Product Manager– Sand Control Fluids Bradley Sparks Senior Scientist – PE Applied Sciences alison.foo@halliburton.com bradley.sparks@halliburton. com Phone: 281-871-6190 Cell: 832-474-7979 Phone: 281-871-2211 www.halliburton.com/ www.halliburton.com/ © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 11 Thank you © 2014 HALLIBURTON. ALL RIGHTS RESERVED. 12