Profile: Halliburton Co (HAL.N)
25 Nov 2015
Halliburton Company, incorporated on November 7, 1996, is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Company’s Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. The Company’s Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.
Completion and Production
The Company’s Completion and Production segment consists of Production Enhancement, Cementing, Completion Tools, Boots & Coots, Multi-Chem and Artificial Lift. Production Enhancement services include stimulation services and sand control services. Stimulation services optimize oil and natural gas reservoir production through a variety 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 services involve bonding the well and well casing while isolating fluid zones and maximizing wellbore stability.
The cementing service line also provides casing equipment. Completion Tools provides downhole solutions and services to customers to complete their wells, including well completion products and services, well completions, liner hanger systems, sand control systems and service tools. Boots & Coots includes well intervention services, pressure control, equipment rental tools and services, and pipeline and process services. Multi-Chem includes oilfield production and completion chemicals and services that address production, processing, and transportation challenges. Artificial Lift offers electrical submersible pumps and progressive cavity pumps, including the associated surface package for power, control, and monitoring of the lift system, and provides installation, maintenance, repair and testing services.
Drilling and Evaluation
The Company’s Drilling and Evaluation segment consists of 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, including 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 drilling systems offer directional control for precise wellbore placement, while providing important measurements about the characteristics of the drill string and geological formations while drilling wells. Real-time operating capabilities enable the monitoring of well progress and aid decision-making processes. Wireline and Perforating services include open-hole logging services that provide information on formation evaluation and reservoir fluid analysis, including formation lithology, rock properties and reservoir fluid properties.
Also offered are 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. Borehole seismic services include downhole seismic operations check-shots and vertical seismic profiles, and provide the link between surface seismic and the wellbore. Formation and reservoir solutions transform formation evaluation data into reservoir insight through geoscience solutions. Drill Bits and Services 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 is a supplier of integrated exploration, drilling and production software, and related professional and data management services for the upstream oil and natural gas industry. Testing and Subsea services provide acquisition and analysis of dynamic 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.
3000 N Sam Houston Pkwy E
HOUSTON TX 77032-3219