Tag: Halliburton

Halliburton goes on airwaves in Colorado (video)

Halliburton Co. is hitting the airwaves in Colorado on Wednesday with a new television ad meant to burnish the image of the Houston-based oilfield service firm and the hydraulic fracturing operations it conducts across the U.S.  More »

North American production bolsters Halliburton profits 21 percent

Halliburton cleared a 21 percent profit boost in the second quarter as demand for oil production equipment climbed in North America and drills kept spinning in the eastern hemisphere, the company said Monday.  More »

Halliburton bolsters China’s fracking through partnership

Halliburton, the oil field services company with the largest hydraulic fracturing fleet, is exporting the key technology behind the U.S. shale boom to China.  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

Supreme Court curbs shareholder class-action suits with Halliburton case

A Supreme Court ruling Monday will make it easier for Halliburton to fight a lawsuit brought by investors who allege the company misled them.  More »

Russia needs US tech to unlock $8.2 trillion oil trove

Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground.  More »

PDVSA signs $2.2 billion oil service financing to boost drilling

Petroleos de Venezuela SA, the country’s state oil company, signed deals with oil service companies Schlumberger, Halliburton and Weatherford International.  More »

Norway oil-strikes risk mounts as more workers break off talks

Oil-service workers in Norway followed offshore-platform workers in breaking off wage talks with employers, raising the prospect of another strike in the oil and gas industry two years after a walkout hit output.  More »

Halliburton shows off enhanced-recovery tech at OTC

When Halliburton took a job two years ago to figure out what was wrong with Devon Energy’s wells in the Barnett Shale, only one in 11 of the wells was any good.  More »

Commentary: Innovations key to sustaining energy growth

Jeff Miller, chief operating officer of Halliburton, says to sustain the U.S. energy boom, we must find better, faster and cheaper ways to get every gas and oil molecule out of every field and formation.  More »

OTC Spotlight award: Halliburton’s TDReam Tool

Halliburton’s latest downhole innovation, the TDReam Tool, drastically reduces the time it takes to drill a well to total depth, saving time and money for operators.  More »

Energy Dept. welcomes fracking chemical disclosure

The U.S. Department of Energy said Friday that it welcomes the decision by oil and gas industry supplier Baker Hughes to disclose all chemicals in hydraulic fracturing fluid. But Halliburton, a major competitor in the field, isn’t committing to such disclosure.  More »
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