Profile: Halliburton Co (HAL.N)
2 Dec 2016
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 through two 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 wellbore placement solutions that enable customers to model, measure, drill, and manage its well construction activities. The Company operates its business in approximately 80 countries.
Completion and Production
The Company's Completion and Production segment consists of production enhancement, cementing, completion tools, production solutions, pipeline and process services, multi-chem and artificial lift. The Company's production enhancement services include stimulation services and sand control services. The Company's stimulation services manage oil and natural gas reservoir production through a range of pressure pumping services, nitrogen services and chemical processes known as hydraulic fracturing and acidizing. The Company's sand control services include fluid and chemical systems and pumping services for the prevention of formation sand production.
The Company's cementing services involve bonding the well and well casing while isolating fluid zones and maximizing wellbore stability. The Company's cementing service line also provides casing equipment. The Company's completion tools provide downhole solutions and services to its customers to complete their wells, which include well completion products and services, well completions, liner hanger systems, sand control systems and service tools.
The Company's production solutions include pressure control services, such as coiled tubing, hydraulic workover units and downhole tools. The Company's pipeline and process services include pre-commissioning and maintenance services, subsea pipeline services, conventional pipeline services and process services.
The Company's multi-chem includes oilfield production, completion chemicals and services that address production, processing and transportation solutions. The Company's artificial lift offers electrical submersible pumps, progressive cavity pumps, which include 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 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. The Company's 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.
The Company's sperry drilling provides drilling systems and services, which 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 drilling systems offer directional control for wellbore placement while providing measurements about the characteristics of the drill string and geological formations while drilling wells.
The Company's wireline and perforating services include open-hole logging services that provide information on formation evaluation and reservoir fluid analysis, which include formation lithology, rock properties and reservoir fluid properties. The Company 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.
The Company's borehole seismic services include downhole seismic operations, check-shots and vertical seismic profiles, which provides the link between surface seismic and the wellbore. The Company's drill bits and services provide roller cone rock bits, fixed cutter bits, hole enlargement and related downhole tools and services used in drilling oil and natural gas wells.
The Company's landmark software and services is a supplier of integrated exploration, drilling and production software, related professional and data management services for the upstream oil and natural gas industry. The Company's 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. The Company's 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