Halliburton’s lost radioactive device located in West Texas

Halliburton Co. (NYSE: HAL) said the radioactive device that went missing last month has been located.

The 7-inch stainless-steel tube, used in drilling natural gas wells, was found on a road in Reeves County late on Oct. 4, Dow Jones Newswires reports.

Halliburton on Sept. 11 first reported the device went missing somewhere along a 130-mile trip between Pecos and Odessa.

The Houston-based company had worked with local authorities, state officials and members of a Texas National Guard unit in the search for the device.

Dow Jones reported Oct. 5 that the Midland County Sheriff’s office said an oilfield pumper saw the device lying on the ground and recognized it from fliers that had been passed out during the search.

The Nuclear Regulatory Commission last month said that the loss of such a device hasn’t been reported within at least the past five years.

The device contains a small amount of radioactive material and is classified as a “category 3” radioactive device, a classification that includes some pacemakers, Dow Jones reports.

Olivia Pulsinelli is the web producer for the Houston Business Journal’s award-winning website.

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