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Petrobras Contracts for Reservoir Monitoring

Maritime Activity Reports, Inc.

August 11, 2005

Halliburton’s Energy Services Group was awarded a contract to provide its EZ-Gauge monitoring system technology on projects for Petrobras in Brazil. “Petrobras selected the EZ-Gauge system technology because it provides a cost-effective, accurate pressure data collection system that is free of downhole electronics,” said Cidar Mansilla, operations manager, Latin America South, Halliburton. “The reliability and longevity of the system is significantly greater most other monitoring technologies.” The EZ-Gauge system is designed to reduce cost, improve reliability and improve longevity over conventional electronic systems, particularly in downhole environments exceeding 300 degrees Fahrenheit.

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