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Halliburton Co. added the CorrosaLock cement system, designed for CO2 storage, to its carbon capture, utilization and storage (CCUS) portfolio, the company announced Jan. 29.
The CorrosaLock is a composite of Portland-based cement and Halliburton’s proprietary WellLock resin system. Halliburton says incorporating resin generates a coating film on the composite surface that aids in bonding, reduces the system’s porosity and protects from CO2 degradation.
“The significant permeability reduction and enhanced mechanical properties of our CorrosaLock system addresses those challenges for our customers and builds on Halliburton’s decades of experience designing annular barriers for corrosive environments,” he added.
2024-02-23 - A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.
2024-02-23 - Barton R. Brookman previously served as President and CEO of PDC Energy and James B. Lebeck served as senior vice president and general counsel since January 2023.
2024-02-23 - LLOG Exploration’s founder and chairman Gerald A. Boelte unexpectedly passed away on Feb. 22.
2024-02-23 - Enerplus Corp. increased its dividend 8% to US$0.065 (CA$0.088) per share.
2024-02-23 - TechnipFMC is capitalizing on an industry shift in spending to offshore projects from land projects.