Halliburton

Company Snapshot

Founded: 1919
Entity Type: Public
Employees: 48,000
Region: North America
Revenue: $22,944.0 Millions
Revenue Year: 2024
Headquarter: Texas, U.S.
Key Geographics: North America, Latin America, Middle-East, Asia, Europe, Africa, CIS
Corporate Address: 3000 North Sam Houston Parkway East, Houston, Texas- 77032 U.S. Tel. +1-281-871-2699 www.halliburton.com

Company Overview

Halliburton Co. is a provider of services and products to the upstream oil and natural gas industry. The company operates under two divisions/segments: the completion and production segment and the drilling and evaluation segment.

The completion and production segment provides cementing, stimulation, intervention, pressure control, artificial lift, and completion products and services, and the drilling and evaluation segment provides drilling, fluids and specialty chemicals, field and reservoir modeling, evaluation, and precise wellbore placement solutions that enable customers to model, measure, drill, and optimize their well construction activities.

The company offers fiber optic products through its Service-Pinnacle. Pinnacle was established in 1992 and provides fracture mapping and reservoir monitoring services. The portfolio of distributed and point sensors used to evaluate wellbores from unconventional and mature field markets to heavy oil thermal and deepwater environments is included in the company’s fiber optic monitoring services.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Halliburton In Reports

Fiber Optic Sensors: Global Markets

BCC Research Market Analyst says global market for fiber optic sensors was valued at $3.2 billion in 2023. The market is anticipated to grow from $3.5 billion in 2024 to $5.5 billion by 2029.

Specialty Water Treatment Chemicals: Technologies and Global Markets

BCC Research Market Report says global specialty water treatment chemicals market reached $37.9 billion in 2022, should reach $40.2 billion by 2023 and $54.0 billion by 2028 with a CAGR of 6.1%.

Enhanced Oil Recovery: Technologies and Global Markets

BCC Research Market Report for Enhanced Oil Recovery market. Global EOR market trends, with market revenue and CAGRs through 2027.

Company's Business Segments

  • Completion and Production : Completion and Production segment consists of the following product service lines Artificial Lift, Cementing, Completion Tools, Multi-Chem, Pipeline and Process Services, Production Enhancement, Production Solution
  • Drilling and Evaluation : Drilling and Evaluation provides Field and Reservoir Modeling, Drilling, Fluids, Evaluation and Precise Wellbore Placement Solutions that enable customers to Model, Measure, Drill, Optimize their Well Construction Activities.

Applications/End User Industries

  • Construction
  • Infrastructure
  • Modeling
  • Cement
  • Pipeline
  • Wireline and Perforating
  • Artificial Lift
  • Chemicals
  • Specialty Chemicals
  • Reservoir and Production