Halliburton Company recently announced that the board of directors decided to slash quarterly dividend for the second quarter of 2020 by 75%. Cutting spending again….
Halliburton
Halliburton is looking to Russia for work
Oilfield services firm Halliburton HAL.N and Russia’s Gazprom have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in…
Halliburton Lays Off 650 employees across the Rockies region
Halliburton has laid off 650 employees across the Rockies region. Officials say there is growing concern over uncertainty following an oil and gas bill passed…
Halliburton Cuts 8% of North American Fracking Jobs
After the Frac slowdown that started in the early part of the year, The world’s biggest provider of fracking equipment, including Rock blasting Pressure Pumping…
The oil-rich Permian basin is slowing – Bad News For Halliburton?
Halliburton is days away from reporting 2Q19 earnings, and a shift in the narrative regarding North America could be bad news for Halliburton. Why? Below…
ExpressKinect™ Wellhead Connection Unit
Halliburton – ExpressKinect™ Wellhead Connection Unit OVERVIEW Operations at the wellsite have become increasingly complex with high treatment rates, multiple wells on a pad, and…
Halliburton (NYSE:HAL) has seen its stock price decline by almost 30% since early October
Halliburton (NYSE:HAL) has seen its stock price decline by almost 30% since early October, currently trading at about $31 per share. While the stock has…
Halliburton Appoints New Chief Financial Officer
Halliburton Company (NYSE:HAL) is pleased to announce that Lance Loeffler, previously vice president of Investor Relations, has been promoted to Chief Financial Officer. Mr. Loeffler…
Halliburton reduced noise frac fleet , It’s really quiet!
Oil Companies continue to look for ways to minimize the impact of their drilling and completion operations. Some of the areas of concern during completions…
Halliburton Drill Bit Optimizes Cutter “Stega”
Halliburton Drill Bit Optimizer Cutter Layout for Increased Durability and Drilling Speed. Halliburton today announced the release of Stega™ efficient layout design, an advanced drill…
Refracturing Extends Lives Of Unconventional Reservoirs
Refracturing often is considered the best option for combatting production declines in unconventional reservoirs. Decline rates from SRR wells usually are more rapid than wells in conventional reservoirs because of their ultralow permeability, limited reservoir contact, and the original completion strategy.
The success or failure of refracturing can have implications for field development.
The desire to reinvigorate wells by performing secondary or tertiary hydraulic fracture stimulation treatments has been present for many years. The need for improving production above the economic break-even point and tapping additional portions of the reservoir are lofty goals that have proven difficult,
if not impossible, to achieve in conventional reservoirs. Read more
Halliburton Launches New High-Speed Telemetry Service
Sperry Drilling, a Halliburton (NYSE: HAL) business, today announced the release of JetPulse™ high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry system helps operators make faster decisions to optimize well placement and improve well control while increasing drilling efficiency. Read more
CEO of Halliburton Co. says he can pull some levers to improve profits.
In the third quarter of 2017, the American oilfield service company Halliburton received a net profit attributable to the company at $ 365 million, which…