Halliburton

Provides services for oil and gas industry

Houston, Texas, United States

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About Halliburton

Halliburton provides a range of services and products to the oil and gas industry, helping clients maximize their energy resources throughout the lifecycle of reservoirs. Their offerings include locating hydrocarbons, drilling, formation evaluation, well construction, and production optimization. Halliburton stands out from competitors by focusing on sustainability and investing in new technologies to improve efficiency and reduce environmental impact. The company's goal is to enhance the productivity of its clients' operations while leading in the energy sector.

Houston, TexasHeadquarters
1919Year Founded
IPOCompany Stage
EnergyIndustries
10,001+Employees

Risks

Increased competition in the Wireline Market may impact market share.
Retirement of Bhavesh V. Patel could affect strategic direction.
Geopolitical risks in Namibia may pose regulatory challenges.

Differentiation

Halliburton's GeoESP pumps diversify its portfolio into geothermal energy.
TrueSync(TM) hybrid motors enhance operational efficiency in oil extraction.
Unified Ensemble Modeling improves reservoir management with advanced data integration.

Upsides

Expansion in Namibia taps into Africa's growing oil and gas market.
CorrosaLock(TM) addition aligns with global sustainability trends in carbon capture.
Collaboration with Wintershall Dea enhances reservoir recovery and drilling efficiency.