Obex IsoLock Product Announcement

PRODUCT ANNOUNCEMENT 3000 N. Sam Houston Pkwy E., Houston, TX 77032 Phone: 281 - 871 - 2699 Page 1 of 1 FOR IMMEDIATE RELEASE Halliburton Launches New Casing Annulus Packer Collar Obex ™ IsoLock ™ Packer Collar Prevents Sustained Casing Pressure HOUSTON – January 31 , 2022 – Halliburton Company (NYSE: HAL) today introduced Obex™ IsoLock™, a new compression - set packer that prevents sustained casing pressure (SCP). The Obex Is oL ock packer collar serves as an effective barrier to mitigate fluid migration and support multiple - stage cementing th r ough integrated stage cementing ports in the tool. The Obex IsoLock packer collar, which is part of the Halliburton family of compression - set packers, provides a mechanical barrier that bridges the cost and capability gap between an inflatable packer/cementer and a premium gas - tight packer. Built on Halliburton’s proven gas - tight Obex GasLock ™ packer design, the packer collar provides increased reliability and ISO14310 V3 - rated pressure - holding capacity over inflatable packer options. It is c urrently available for 9 5/8” casing designs with additi onal sizes in the future. “Preventing sustained casing pressure before it starts is the best defen s e to eliminat e fugitive emissions , ” sa id Matt Lang , v ice p resident of Cementing. “ Along with the cement barrier, t he Obex IsoLock packer collar provides our customers with additional assurance to prevent fluid migration that can lead to SCP . As a result, it can eliminat e the need for future remediation and reduce the carbon footprint.” ABOUT HALLIBURTON Founded in 191 9, Halliburton is one of the world's largest providers of products and services to the ene rgy industry. With more than 40 ,000 employees, representing 1 3 0 nationalities in more than 80 countries, the company helps its customers maximize value 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 throughout the life of the asset. Visit the C ompany’s website at www.halliburton.com . Connect with Halliburton on Facebook , Twitter , LinkedIn , Instagram and YouTube . # ## CONTACTS For Investors: David Coleman Investor Rel ations [email protected] 281 - 871 - 2688 For News Media: Erin Fuchs External Affairs [email protected] 281 - 871 - 5267