Halliburton Co. has introduced StrataXaminer, a new wireline logging service that helps operators acquire more accurate well data to better evaluate production potential, on April 27. The tool delivers high-resolution images of the reservoir structure to identify bedding, fracture patterns, fault zones and potential flow barriers with increased accuracy.
Obtaining high resolution images in oil or synthetic-based fluid systems has been an industry challenge for decades. StrataXaminer has ten different operating frequencies and customers can select any three frequencies to record simultaneously. This dynamic range allows operators to customize the image quality based on the formation type, fluid system, and record in a single pass.
“Our team used StrataXaminer to target sedimentary features in tight sands to better understand our fracture network and maximize production,” said a representative from Tarim Oil Company. “Halliburton successfully completed the logging in one run and collected valuable imaging data with fractures characteristic of the target formation."
The tool is available in three versions to optimize the acquisition quality in various size boreholes and can operate in higher pressures than previous technologies. The 8-pad tool provides the greatest borehole coverage as it records data up and down a well, improving data quality and providing more acquisition options on a single run in hole.
“StrataXaminer reduces reservoir uncertainty by providing the industry’s highest resolution images in the widest variety of borehole conditions,” Trey Clark, vice president of wireline and perforating, said. “This service is the latest in a series of formation evaluation technologies that Halliburton has introduced to help operators better understand the subsurface for more accurate decision-making and maximized asset value.”
EQT Declares Quarterly Cash Dividend
2023-04-20 - EQT Corp.'s board of directors declared a quarterly cash dividend of $0.15 per share, to be paid out on June 1.
Range Declares Quarterly Dividend
2023-06-05 - Range Resources’ board of directors declared an $0.08 per share quarterly cash dividend on common stock for the second quarter.
Riley Permian Announces Quarterly Cash Dividend
2023-04-14 - Riley Exploration Permian’s board of directors approved a cash dividend of common stock of $0.34 per share to be paid to stockholders on record as of the close of business on April 25.
Matador Declares $0.15 Per Share Quarterly Cash Dividend
2023-04-20 - Matador Resources’ quarterly cash dividend of $0.15 per share will be payable on June 1 to shareholders on record as of May 11.
SM Energy Announces $0.15/Share Quarterly Cash Dividend
2023-03-30 - SM Energy's board of directors announced the quarterly cash dividend of $0.15/share of common stock outstanding will be paid out to stockholders on May 5.