Halliburton Company, founded in 1919 and headquartered in Houston, Texas, USA, is one of the world's largest providers of products and services to the energy industry. Operating in over 70 countries, Halliburton offers a comprehensive range of services, including exploration, development, and production of oil and natural gas. The company specializes in hydraulic fracturing, drilling, evaluation, and well construction, delivering innovative solutions that enhance efficiency and maximize resource recovery. Halliburton's commitment to sustainability and technological advancement positions it as a leader in the global energy sector.
Coterra and Halliburton recognize the importance of automation for consistency and control during fracture execution. The initial rollout of this service led to a 17% increase in stage efficiency.
This suite of services will enable Halliburton to collaborate more than ever with customers and improve well insights to enable increased production, help extend asset life, and reduce total cost of operations.
The iCruise Force high-performance rotary steerable system enables faster penetration rates, lowers drilling costs, and ensures precise wellbore placement.
Octiv is an intelligent fracturing platform that enables frac automation, digital operations, and remote connectivity across all aspects of Halliburton’s hydraulic fracturing business.
Halliburton’s LOGIX now integrates advanced machine learning algorithms and predictive bit wear analysis to improve rate of penetration by up to 30 percent.
This portfolio addresses challenges related to high-angle deployment and includes surface readout telemetry for communication and precise control to deliver differentiated performance.
Under the agreement’s terms, Halliburton will provide a wide range of services to include fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing.