Profile: Halliburton Co (HAL.N)
24 May 2017
Halliburton Company, incorporated on November 7, 1996, is a provider of services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field. The Company operates through two segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift and completion services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation and wellbore placement solutions that enable customers to model, measure, drill and optimize their well construction activities.
The Company serves national and independent oil and natural gas companies throughout the world. As of December 31, 2016, the Company had conducted business in approximately 70 countries around the world. The business operations of its divisions are organized around four primary geographic regions: North America, Latin America, Europe/Africa/Commonwealth of Independent States (CIS) and Middle East/Asia.
Completion and Production
The Completion and Production segment consists of various product service lines, which include Production Enhancement, Cementing, Completion Tools, Production Solutions, Pipeline & Process Services, Multi-Chem and Artificial Lift. The Production Enhancement includes stimulation services and sand control services. Stimulation services optimize oil and natural gas reservoir production through a range of pressure pumping services, nitrogen services and chemical processes, commonly known as hydraulic fracturing and acidizing. Sand control services include fluid and chemical systems, and pumping services for the prevention of formation sand production. Cementing involves bonding the well and well casing while isolating fluid zones. Its cementing service line also provides casing equipment. Completion Tools provides downhole solutions and services to its customers to complete their wells, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems and service tools. Production Solutions includes pressure control services, such as coiled tubing, hydraulic workover units and downhole tools. Pipeline & Process Services includes pre-commissioning and maintenance services, subsea pipeline services, conventional pipeline services and process services.
The Company's Multi-Chem service line includes oilfield production and completion chemicals and services for the production, processing and transportation. Artificial Lift offers electrical submersible pumps and progressive cavity pumps, including the associated surface package for power, control and monitoring of the entire lift system, and provides installation, maintenance, repair and testing services.
Drilling and Evaluation
The Drilling and Evaluation segment consists of product service lines, which include Baroid, Sperry Drilling, Wireline and Perforating, Drill Bits and Services, Landmark Software and Services, Testing and Subsea, and Consulting and Project Management. Baroid provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment and waste management services for oil and natural gas drilling, completion and workover operations. Sperry Drilling provides drilling systems and services that offer directional control for wellbore placement while providing measurements about the characteristics of the drill string and geological formations while drilling wells. These services include directional and horizontal drilling, measurement-while-drilling, logging-while-drilling, surface data logging, multilateral systems, underbalanced applications and rig site information systems.
The Company's Wireline and Perforating service line includes open-hole logging services that provide information on formation evaluation and reservoir fluid analysis, including formation lithology, rock properties and reservoir fluid properties. It also offers cased-hole and slickline services, which provide perforating, pipe recovery services, through-casing formation evaluation and reservoir monitoring, casing and cement integrity measurements, and well intervention services. Drill Bits and Services service line provides roller cone rock bits, fixed cutter bits, hole enlargement and related downhole tools and services used in drilling oil and natural gas wells. In addition, coring equipment and services are provided to acquire cores of the formation drilled for evaluation. Landmark Software and Services service line supplies integrated exploration, drilling and production software, and related professional and data management services for the upstream oil and natural gas industry.
The Company's Testing and Subsea provides acquisition and analysis of reservoir information and reservoir optimization solutions to the oil and natural gas industry through a portfolio of test tools, data acquisition services, fluid sampling, surface well testing and subsea safety systems. Consulting and Project Management provides oilfield project management and integrated solutions to independent, integrated and national oil companies. These offerings make use of all of its oilfield services, products, technologies and project management capabilities to assist its customers in optimizing the value of their oil and natural gas assets. In addition, it also includes well control and prevention services.
3000 N Sam Houston Pkwy E
HOUSTON TX 77032-3219
Company Web Links
- BRIEF-Halliburton says James Brown will continue to receive his current annual base salary
- Halliburton's incoming CEO sees significant price hike
- UPDATE 2-Halliburton's incoming CEO sees significant price hike
- RPT-UPDATE 1-Halliburton's incoming CEO sees price hike above 10 pct
- Halliburton sees pricing rising more than 10 pct this year