Halliburton

Starburst Expands Support for Building Interactive Applications on the Data Lake

Retrieved on: 
Tuesday, November 28, 2023

BOSTON, Nov. 28, 2023 /PRNewswire/ -- Starburst, the data lake analytics platform, today at AWS re:Invent 2023 announced new capabilities that enable organizations to build and scale game-changing data applications without compromising on performance or cost. With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform. New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.

Key Points: 
  • With the increasing interest in building artificial intelligence (AI)-driven data applications, customers need to establish a solid data platform.
  • New features in Starburst Galaxy help customers simplify development on the data lake by unifying data ingestion, data governance, and data sharing on a single platform.
  • Interactive applications oftentimes require the scalability and cost-efficiency of a data lake, but building and maintaining that data lake is complex and time-consuming for data teams.
  • Automated data maintenance: New automations make it easy for customers to optimize their data lake by abstracting away common management tasks like data compaction and data vacuuming.

Halliburton Charitable Foundation Celebrates 30-Year Milestone

Retrieved on: 
Wednesday, November 8, 2023

The Halliburton Charitable Foundation today celebrated its 30th annual Halliburton Charity Golf Tournament (HCGT), which surpassed an important milestone of more than $30 million raised for more than 250 U.S. nonprofit organizations since its inception in 1993.

Key Points: 
  • The Halliburton Charitable Foundation today celebrated its 30th annual Halliburton Charity Golf Tournament (HCGT), which surpassed an important milestone of more than $30 million raised for more than 250 U.S. nonprofit organizations since its inception in 1993.
  • What started as a modest tournament raising funds for a single charity has grown into one of the largest non-PGA golf tournament fundraisers.
  • This year’s tournament raised more than $3.8 million – the most the tournament has ever raised in a single year.
  • Their dedication and hard work make an invaluable difference in the communities where we work and live,” said Jeff Miller, Halliburton chairman, president, and CEO.

Whitestone REIT Adds Specialty Food Component at Lake Woodlands Crossing and Sugar Park Plaza Centers

Retrieved on: 
Tuesday, November 7, 2023

The Company added Wild Fork , a modern-day meat and seafood market, at Lake Woodlands Crossing, bringing occupancy at the Total Wine anchored center to 100%.

Key Points: 
  • The Company added Wild Fork , a modern-day meat and seafood market, at Lake Woodlands Crossing, bringing occupancy at the Total Wine anchored center to 100%.
  • In addition, Whitestone added Vishala Foods , specializing in spices and produce used in Indian cuisine, at Sugar Park Plaza.
  • “We’re pleased to add a grocery component at the Lake Woodlands Center as well as a market meeting local demands with Vishala Foods at Sugar Park Plaza,” stated Whitestone’s COO, Christine Mastandrea.
  • Vishala joins a highly synergistic merchandising mix at the 90,000 square foot Sugar Park Plaza, which lies at the entrance to the fast-growing Fort Bend County neighborhoods of Stafford, Missouri City, and Sugar land.

Halliburton and Sekal Enter Agreement to Deliver Leading Well Construction Automation Solutions

Retrieved on: 
Tuesday, November 7, 2023

Halliburton Company (NYSE: HAL) and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.

Key Points: 
  • Halliburton Company (NYSE: HAL) and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
  • Under the agreement, Halliburton and Sekal are collaborating on several technologies and services that incorporate Halliburton digitally integrated well construction solutions and the Sekal DrillTronics automation platform.
  • Currently deployed across multiple projects, the companies’ technologies provide end-to-end solutions that automate well construction services from planning to execution.
  • “This agreement with Sekal will allow Halliburton to accelerate the deployment of our automation capabilities and provide industry-leading digital solutions, which lower well construction costs and reduce operational risks for our customers,” said Steve Haden, senior vice president, Halliburton Project Management.

Halliburton, Oil States Industries Collaborate to Provide Innovative Deepwater Managed Pressure Drilling Solutions

Retrieved on: 
Monday, November 6, 2023

Halliburton Company (NYSE: HAL) and Oil States Industries, Inc. today announced a strategic collaboration that combines two award-winning technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.

Key Points: 
  • Halliburton Company (NYSE: HAL) and Oil States Industries, Inc. today announced a strategic collaboration that combines two award-winning technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.
  • MPD provides operators with improved control when navigating narrow pressure windows compared to conventional drilling.
  • The collaboration between Halliburton and Oil States will provide operators and drilling contractors with an effective and flexible MPD product-service combination to safely access greater operational efficiencies like ease of handling and streamlined installation.
  • “Combining our world-class services, control systems, digital platform, and training with Oil States’ integrated riser joint provides an innovative deepwater MPD solution to our customers.”
    “We’re excited to work with Halliburton to bring our MPD riser integration joint to operators and drilling contractors,” said Garry Stephen, group vice president- UK and Asia, Oil States Industries.

Halliburton Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 24, 2023

Halliburton Company (NYSE: HAL) announced today net income of $716 million, or $0.79 per diluted share, for the third quarter of 2023.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today net income of $716 million, or $0.79 per diluted share, for the third quarter of 2023.
  • Halliburton's total revenue for the third quarter of 2023 was $5.8 billion, flat when compared to the second quarter of 2023.
  • Operating income was $1.0 billion in the third quarter of 2023, a 3% increase when compared to the second quarter of 2023.
  • Drilling and Evaluation revenue in the third quarter of 2023 was $2.3 billion while operating income was $378 million, both flat sequentially.

LITHOS' WHOLLY OWNED SUBSIDIARY RIS ANNOUNCES 2022 FISCAL YEAR END REVENUE OF C$1.187 MILLION WITH GROSS INCOME OF C$268,823 AND NET PROFIT OF C$91,896

Retrieved on: 
Thursday, October 19, 2023

The financials of RIS will be audited and then included on the consolidated financial statements of the Company in due course.

Key Points: 
  • The financials of RIS will be audited and then included on the consolidated financial statements of the Company in due course.
  • In 2022, RIS's largest customer was Devon Energy Corporation (NYSE: DVN).
  • RIS also delivered successful demonstration projects in 2022 with Halliburton Company (NYSE: HAL) EOG Resources Inc. (NYSE: EOG) and Hess Corporation (NYSE: HES).
  • RIS sells a niche proprietary technology into the unconventional energy space called Conductive Fracture Imaging ("CFI").

Peabody Elects Dr. M. Katherine Banks to Board of Directors

Retrieved on: 
Monday, October 16, 2023

ST. LOUIS, Oct. 16, 2023 /PRNewswire/ -- Peabody today announced that Dr. M. Katherine Banks has been appointed as a member of the company's Board of Directors.

Key Points: 
  • ST. LOUIS, Oct. 16, 2023 /PRNewswire/ -- Peabody today announced that Dr. M. Katherine Banks has been appointed as a member of the company's Board of Directors.
  • "We welcome Dr. Banks to the Board of Directors.
  • Her impressive background in engineering and long record of academic leadership will bring a unique perspective that will strengthen Peabody's diverse board," Peabody Chairman of the Board Bob Malone said.
  • Peabody (NYSE: BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel.

CORE LABORATORIES AND HALLIBURTON ANNOUNCE COLLABORATION TO INTEGRATE DIGITAL ROCK CAPABILITIES WITH LABORATORY MEASURED DATA

Retrieved on: 
Monday, October 9, 2023

This collaboration combines Core Lab's industry-leading expertise in reservoir description and optimization technologies with Halliburton's specialization in pore-scale digital rock analysis.

Key Points: 
  • This collaboration combines Core Lab's industry-leading expertise in reservoir description and optimization technologies with Halliburton's specialization in pore-scale digital rock analysis.
  • The collaboration facilitates the seamless integration of best-in-class digital rock characterization at a nano, micro and macro level, which will enable U.S. clients to run pore-scale simulations in parallel with physical laboratory experiments.
  • These enhancements will drive the accuracy and innovation of new and existing digital rock characterization workflows.
  • "Core Lab is excited about this collaboration with Halliburton's digital rock services", said Alastair Crombie, Vice President, Reservoir Description, Core Laboratories.

Digital Oilfield Market to grow by USD 10.23 billion from 2022 to 2027 | Increasing application in remote monitoring and control to boost market growth- Technavio

Retrieved on: 
Wednesday, October 4, 2023

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- The digital oilfield market is expected to grow by USD 10.23 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Oct. 4, 2023 /PRNewswire/ -- The digital oilfield market is expected to grow by USD 10.23 billion from 2022 to 2027, according to Technavio.
  • Helps in remote monitoring and controlling is notably driving the digital oilfield market.
  • The digital oilfield market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market.
  • The oil and gas pipeline monitoring equipment market size is estimated to grow at a CAGR of 4.46% between 2023 and 2027.