Landmark Graphics Awards $23.9 Million in Integrated E&P Software and Services To Universities

- Twelve Universities Benefit From the Company's Grant Program -



Apr 11, 2001, 01:00 ET from Landmark Graphics Corporation

    DALLAS, April 11 /PRNewswire/ -- Landmark Graphics Corporation, a wholly
 owned business unit of Halliburton Company (NYSE:   HAL), today announced that
 it has granted a total of $23.9 million in integrated E&P software and support
 services to twelve universities.  Seven of the universities are new to the
 program and five universities received renewals of their existing grants.
     The universities selected to receive new grants include the California
 Institute of Technology, Pasadena, CA, $720 thousand; the University of Cape
 Town, South Africa, $338 thousand; Gubkin Russian State University of Oil and
 Gas, Moscow, Russia, $1.3 million; the University of Wyoming, Laramie,
 Wyoming, $2.5 million; the University of Aberdeen, Aberdeen, Scotland,
 $1.4 million; Virginia Polytechnic Institute and State University, Blacksburg,
 VA, $6.9 million; and the Moscow State University, Moscow, Russia,
 $3.0 million.
     Universities whose grants were renewed include the University of South
 Carolina, Columbia, SC, which received $896 thousand; the University of New
 Orleans, New Orleans, LA, $1.5 million; the University of Missouri-Rolla,
 Rolla, MO, $2.4 million; the Heriot-Watt University, Edinburgh, Scotland,
 $1.1 million; and the University of Alabama, Tuscaloosa, AL, $1.9 million.
     "We feel that we have an obligation to continue providing our world-class
 integrated suite of software to universities around the globe so that their
 students will have the opportunity to work with the newest technology
 available," said John Gibson, president and CEO of Landmark Graphics.  "Hands-
 on experience with Landmark's leading-edge technology contributes to the
 educational development of today's students and better prepares them for
 careers in the petroleum industry."
     George Cameron Smith of the Department of Geological Sciences, the
 University of Cape Town commented, "The Landmark software will enable us to
 provide our students in the petroleum studies programme with invaluable hands-
 on experience in seismic processing and 3-D seismic interpretation.  Our
 partnership with Landmark is an exciting new model for how international
 business can work with institutions such as UCT to produce world-class
 graduates and build capacity in southern Africa."
     "Students derive an important benefit by training on state-of-the-art
 software, which gives them a critical advantage as they enter the job market
 in an ever increasing technological world," stated Dr. William J. Domoracki,
 Research Assistant Professor with the Earth Sciences and Resources Institute
 at the University of South Carolina.  "This grant will enhance ESRI-USC's
 ability to attract quality students and researchers and to compete for
 research grants."
     Universities offering degrees in geology, geophysics, petroleum
 engineering, computer science, physics and mathematics are eligible to apply
 for Landmark university grants.  The Landmark Global University Grant
 Program's governing board meets quarterly to review all applications.
     Dr. Mike D. Simmons, Head of the Department of Geology and Petroleum
 Geology, the University of Aberdeen, remarked, "This software award means that
 we will be able to expose our students to the latest integrated interpretation
 technology in the oil industry, which is an outstanding preparation for their
 future geoscience careers.  The University as a whole will benefit from the
 application of this latest technology by maintaining its high-quality research
 and academic reputation."
     To obtain more information on this Landmark Graphics program or to request
 a grant application form, contact Connie Johnson in the Landmark Global
 University Grant Program office at 281.560.1000.
     Landmark is the leading supplier of integrated E&P technical and economic
 software and services to support decision making about finding, drilling and
 producing oil and gas.  Knowledge-based E&P companies now are turning to
 Landmark for technical-to-business (T2B(TM)) process integration for improving
 returns on their investment.  Visit the Landmark Web site at www.lgc.com.
     Halliburton Company, founded in 1919, is the world's largest provider of
 products and services to the petroleum and energy industries.  The company
 serves its customers with a broad range of products and services through its
 Energy Services Group and Engineering and Construction Group business
 segments.  The company's World Wide Web site can be accessed at
 www.halliburton.com.
 
     Landmark, the Landmark logo and T2B are trademarks or registered
 trademarks of Landmark Graphics Corporation.
 
 

SOURCE Landmark Graphics Corporation
    DALLAS, April 11 /PRNewswire/ -- Landmark Graphics Corporation, a wholly
 owned business unit of Halliburton Company (NYSE:   HAL), today announced that
 it has granted a total of $23.9 million in integrated E&P software and support
 services to twelve universities.  Seven of the universities are new to the
 program and five universities received renewals of their existing grants.
     The universities selected to receive new grants include the California
 Institute of Technology, Pasadena, CA, $720 thousand; the University of Cape
 Town, South Africa, $338 thousand; Gubkin Russian State University of Oil and
 Gas, Moscow, Russia, $1.3 million; the University of Wyoming, Laramie,
 Wyoming, $2.5 million; the University of Aberdeen, Aberdeen, Scotland,
 $1.4 million; Virginia Polytechnic Institute and State University, Blacksburg,
 VA, $6.9 million; and the Moscow State University, Moscow, Russia,
 $3.0 million.
     Universities whose grants were renewed include the University of South
 Carolina, Columbia, SC, which received $896 thousand; the University of New
 Orleans, New Orleans, LA, $1.5 million; the University of Missouri-Rolla,
 Rolla, MO, $2.4 million; the Heriot-Watt University, Edinburgh, Scotland,
 $1.1 million; and the University of Alabama, Tuscaloosa, AL, $1.9 million.
     "We feel that we have an obligation to continue providing our world-class
 integrated suite of software to universities around the globe so that their
 students will have the opportunity to work with the newest technology
 available," said John Gibson, president and CEO of Landmark Graphics.  "Hands-
 on experience with Landmark's leading-edge technology contributes to the
 educational development of today's students and better prepares them for
 careers in the petroleum industry."
     George Cameron Smith of the Department of Geological Sciences, the
 University of Cape Town commented, "The Landmark software will enable us to
 provide our students in the petroleum studies programme with invaluable hands-
 on experience in seismic processing and 3-D seismic interpretation.  Our
 partnership with Landmark is an exciting new model for how international
 business can work with institutions such as UCT to produce world-class
 graduates and build capacity in southern Africa."
     "Students derive an important benefit by training on state-of-the-art
 software, which gives them a critical advantage as they enter the job market
 in an ever increasing technological world," stated Dr. William J. Domoracki,
 Research Assistant Professor with the Earth Sciences and Resources Institute
 at the University of South Carolina.  "This grant will enhance ESRI-USC's
 ability to attract quality students and researchers and to compete for
 research grants."
     Universities offering degrees in geology, geophysics, petroleum
 engineering, computer science, physics and mathematics are eligible to apply
 for Landmark university grants.  The Landmark Global University Grant
 Program's governing board meets quarterly to review all applications.
     Dr. Mike D. Simmons, Head of the Department of Geology and Petroleum
 Geology, the University of Aberdeen, remarked, "This software award means that
 we will be able to expose our students to the latest integrated interpretation
 technology in the oil industry, which is an outstanding preparation for their
 future geoscience careers.  The University as a whole will benefit from the
 application of this latest technology by maintaining its high-quality research
 and academic reputation."
     To obtain more information on this Landmark Graphics program or to request
 a grant application form, contact Connie Johnson in the Landmark Global
 University Grant Program office at 281.560.1000.
     Landmark is the leading supplier of integrated E&P technical and economic
 software and services to support decision making about finding, drilling and
 producing oil and gas.  Knowledge-based E&P companies now are turning to
 Landmark for technical-to-business (T2B(TM)) process integration for improving
 returns on their investment.  Visit the Landmark Web site at www.lgc.com.
     Halliburton Company, founded in 1919, is the world's largest provider of
 products and services to the petroleum and energy industries.  The company
 serves its customers with a broad range of products and services through its
 Energy Services Group and Engineering and Construction Group business
 segments.  The company's World Wide Web site can be accessed at
 www.halliburton.com.
 
     Landmark, the Landmark logo and T2B are trademarks or registered
 trademarks of Landmark Graphics Corporation.
 
 SOURCE  Landmark Graphics Corporation