Halliburton Company Company News
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$455MM in Brazil Contracts Go to Oilfield Services Trio
Tuesday, November 10, 2020First oil from Bacalhau is projected for 2024. PHOTO SOURCE: Equinor
Frac Sand Metric Declines
Friday, September 11, 2020Shale firms are pumping an average of roughly 2.9 million pounds a day of frac sand this quarter, according to Coras Research LLC.
Liberty Sets Sights on Topping Halliburton
Wednesday, September 02, 2020Liberty Oilfield Services Inc., which will acquire a Schlumberger unit, expects to one day topple Halliburton Co. from the No. 1 spot.
Laura Puts Industry Resilience on Display
Friday, August 28, 2020Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Aug. 28, 2020.
Halliburton to Auction Off Sites from Alberta to Louisiana
Wednesday, August 12, 2020The firm plans to sell 13 North American sites through a mix of online and in-person bidding.
Halliburton Launches Innovation Lab
Monday, August 03, 2020Halliburton has announced the creation of Halliburton Labs.
Oil Inventory Data Prompt Reminiscing
Friday, July 31, 2020Rigzone panelists offer their insights on the top oil market hits and misses for the week ending July 31, 2020.
Schlumberger Job Cuts to Top 21,000
Friday, July 24, 2020Schlumberger is shrinking staffing to an 11-year low.
Halliburton Launches Wireless Depth Correlation System
Tuesday, June 02, 2020Operators can measure depth in real time while tracking changes in position to improve efficiency.
Halliburton Lays Off Additional Staff in Houston
Friday, May 08, 2020Approximately 984 employees were affected.
Halliburton Faces Another Set of Layoffs
Friday, May 01, 2020The job losses were expected to occur on April 29.
Halliburton Slashes Spending to Brace for Demand Declines
Monday, April 20, 2020It set 2020 capital outlays at $800 million, 33 percent below previous guidance and the first sub-$1 billion budget since 2016.
Halliburton Shrinks Oklahoma Headcount Again
Thursday, April 16, 2020Approximately 33 employees were affected.
Oil Collapse Drags the Whole Service Industry Down With It
Thursday, April 16, 2020Since the start of 2019, the oilfield services sector has lost almost 50,000 jobs, or about 13 percent of its workforce.
Halliburton Lays Off Staff in Oklahoma
Tuesday, April 07, 2020About 350 employees will be affected by the layoff.
Texas Layoffs Adding Up
Friday, March 20, 2020Tens of thousands of Texans are being laid off, says state oil and gas regulator.
Halliburton to Furlough 3,500 Workers in Houston
Thursday, March 19, 2020Employees' benefits, including health insurance, will remain in place during the furlough period.
Halliburton Wins Indonesia Digital Contract
Wednesday, February 26, 2020Indonesian state-owned oil and gas company Pertamina has awarded Halliburton Co. a multiyear digital transformation contract, Halliburton reported late Monday.
Halliburton Wins Offshore Australia Contracts
Tuesday, January 28, 2020Halliburton reported that it has won seven drilling and completion services contracts for the next phase of the Ichthys field development.
US Shale Suffering From Sustained Contraction
Tuesday, January 21, 2020Slower output growth would have global ramifications, given additional US barrels are forecast to account for most of the increase in 2020 worldwide supply.
Oilfield Services Looking Beyond Oil and Gas
Monday, December 23, 2019As the majors have diversified into power and renewable energy storage, oilfield service contractors have followed suit.
Halliburton Confirms More Layoffs in Oklahoma
Friday, December 06, 2019Halliburton has confirmed job cuts in Duncan, Oklahoma, just days after closing a facility in El Reno, Oklahoma.
Halliburton Shutters Oklahoma Office, Cuts 800 Jobs
Tuesday, December 03, 2019The Houston-based oilfield services giant will be closing its office in El Reno, Oklahoma and laying off more than 800 employees.
Halliburton, Repsol in Cloud Tech Agreement for E&P
Monday, October 28, 2019Halliburton has entered into a multi-year agreement with Repsol to make management of exploration and production data more efficient.
Halliburton Plans Cost Cuts as 3Q Revenue Dips
Monday, October 21, 2019The oilfield services company vows to "streamline operations" in the fourth quarter to generate $300 million in cost savings.
Halliburton Cuts 650 Jobs in US
Wednesday, October 09, 2019Oilfield services giant Halliburton has laid off 650 employees in the U.S.
Guyana Nears Oil and Gas Turning Point
Tuesday, October 08, 2019One of RAMPS Logistics' employees in Guyana. PHOTO SOURCE: RAMPS Logistics
Halliburton Wins Thailand Well Automation Contract
Tuesday, October 01, 2019PTTEP will use Halliburton Landmark application to automate drilling, completions and engineering processes across the well lifecycle.
Survey Reveals World's Top Oilfield Services Companies
Thursday, September 05, 2019Respondents to Rigzone's Ideal Employer Survey selected their top picks for oilfield services companies.
Half of Venezuela's Oil Rigs May Shut Down If US Waivers Lapse
Friday, August 23, 2019A looming U.S. sanctions deadline is threatening to clobber Venezuela's dwindling oil-rig fleet and hamper energy production in the nation with the world's largest crude reserves.
Top 10 Ideal Downstream Employers for 2019
Thursday, August 22, 2019Here is a breakdown of the 10 highest-scoring downstream employers in Rigzone's 2019 Ideal Employer Survey.
Survey Reveals Top 10 Ideal Upstream Employers for 2019
Wednesday, August 14, 2019More than 11,000 survey participants selected their favorite upstream employers.
Rigzone's Survey Spotlights the Top Oil, Gas Company to Work For
Monday, August 12, 2019Discover which company ranked No. 1 with professionals around the world.
Halliburton Wins Nine Contracts for Work Offshore Senegal
Monday, August 12, 2019Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completions services offshore Senegal.
Halliburton Wins Brazil Contract
Wednesday, July 31, 2019Halliburton has won an integrated services contract for the Libra pre-salt development.
Halliburton's Profits Take a Hit in 2Q
Monday, July 22, 2019Halliburton's second quarter earnings are a mixed bag as the oilfield services company sees profits plummet while international operations increase revenues.
Cost Overruns Threaten Offshore Development
Monday, July 01, 2019Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
Drillers Using Fuel to Power Fracking Operations
Wednesday, June 26, 2019Drillers have found a new use for the glut of natural gas that's sent prices for the fuel below zero in America's biggest shale patch: use it to power fracking operations.
Oilfield Services' Pricing Power is Rising
Thursday, June 20, 2019After several years of gloom, oilfield services companies are now able to raise prices for their products and services, according to energy research firm Rystad Energy.
Halliburton Wins Offshore Brazil Contract
Thursday, April 18, 2019The three-year contract includes a two-year extension.
Schlumberger and Halliburton's Fortunes May Be Improving
Wednesday, April 17, 2019The number of frac crews working in US shale basins hit a new record earlier this month.
Shale's Growing Pains Could Curb US Oil Production
Tuesday, March 26, 2019The dramatic ramp-up in U.S. shale production is running into a combination of issues that threaten to slow the pace of expansion.
Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.
Halliburton Receives International Gains to Close Out 2018
Tuesday, January 22, 2019The oilfield services giant saw $5.9 billion in revenue in the fourth quarter of 2018.
Halliburton Names New Western Hemisphere President
Tuesday, January 15, 2019The oil services giant has promoted Mark Richard as president for the Western Hemisphere.
Halliburton's Lesar Exits After 25 Years
Thursday, January 03, 2019Dave Lesar stepped down as chairman of Halliburton, ending a 25-year run with the oil-services giant.
Halliburton Gets Second CFO in 17 Months
Tuesday, November 13, 2018Halliburton reported Monday that it has promoted Lance Loeffler to CFO.
Halliburton Expects Permian Bottlenecks Gone By End of 2019
Monday, November 05, 2018Halliburton expects bottlenecks in America's busiest oil field to be relieved by the end of next year.
Halliburton Envisions Robo-Fracking
Tuesday, August 21, 2018The world's biggest provider of the technique that unlocks oil and natural gas from shale rock has a vision of push-button fracking that's still years in the making.
Hundreds Line Up for Gushing West Texas Oil Jobs
Friday, August 03, 2018Job fairs are stocked with people hungry for better opportunities, but inside an Odessa hotel, oil services giant Halliburton is the one doing the wooing.