Press Releases


July 1, 2008

Halliburton (NYSE: HAL) announced today that it has closed the previously announced acquisition of the 49 percent equity of Shell Technology Ventures Fund 1 B.V. in WellDynamics B.V. With this transaction complete, Halliburton owns 100 percent of WellDynamics.
June 11, 2008

Halliburton (NYSE: HAL) has entered into a definitive agreement with Shell Technology Ventures Fund 1 B.V., to acquire its 49 percent equity interest in WellDynamics B.V.
April 7, 2008

StatoilHydro has awarded WellDynamics contracts to provide SmartWell intelligent completion technology for oil and gas fields on the Norwegian continental shelf.
February 20, 2008

WellDynamics, the leading provider of intelligent completion technology to the upstream oil industry, announced today that Star Deep Water Petroleum Limited (Star Deep Water), an affiliate of Chevron Corporation, has successfully deployed WellDynamics’ SmartWell® intelligent well completion technology in Nigeria’s Agbami field.
February 18, 2008

WellDynamics, the leading provider of intelligent completion technology to the upstream oil industry, today announced that its Norwegian office, WellDynamics Norge a.s., has been awarded two frame agreements for work in the Norwegian North Sea by StatoilHydro, one of the world’s largest offshore oil companies.
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