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HAL - Halliburton Company ()

Overview

Company Summary


Halliburton Company is a multinational corporation that provides a wide range of products and services to the energy industry. It primarily operates as an oilfield services company, supporting exploration, drilling, and production activities for oil and gas companies worldwide.

Halliburton offers services across every phase of the oil and gas lifecycle, including reservoir evaluation, well construction, production optimization, and field development. The company has expertise in various technical areas, such as drilling, cementing, stimulation, well intervention, and artificial lift systems.

The company's services can be categorized into three main segments:

1. Completion and Production: Halliburton delivers solutions to enhance well production and recovery rates. This includes technologies and services related to well stimulation, hydraulic fracturing, perforating, sand control, artificial lift systems, and production optimization.

2. Drilling and Evaluation: Halliburton provides comprehensive drilling and formation evaluation services. It offers advanced drilling technologies, directional drilling solutions, measurement-while-drilling tools, and real-time data analysis. Additionally, the company offers formation evaluation services that help gather critical information about subsurface formations and reservoir characteristics.

3. Digital Solutions: Halliburton leverages digital technologies to improve efficiency and optimize operations for the oil and gas industry. Its digital solutions include real-time data analytics, remote operations, drilling automation, and digital well planning tools.

As a major player in the industry, Halliburton operates in numerous global locations, serving major oil and gas companies as well as national oil companies. The company's goal is to provide innovative, reliable, and cost-effective solutions to its clients, helping them maximize production efficiency and reduce operational risks.

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