Halliburton

Halliburton Second Quarter 2023 Earnings Conference Call

Retrieved on: 
Tuesday, June 13, 2023

Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, July 19, 2023, to discuss its second quarter 2023 financial results.

Key Points: 
  • Halliburton Company (NYSE: HAL) will host a conference call on Wednesday, July 19, 2023, to discuss its second quarter 2023 financial results.
  • The Company will issue a press release regarding the second quarter 2023 earnings prior to the conference call.
  • A recorded version will be available under the same link immediately following the conclusion of the conference call.
  • You can also pre-register for the conference call and obtain your dial in number and passcode by clicking here .

Halliburton Wins Well Completions Contract for HyNet North West Carbon Capture and Storage Project

Retrieved on: 
Monday, June 12, 2023

Halliburton Company (NYSE: HAL) today announced it has been awarded a contract to provide completions, liners, and monitoring products and services for the carbon capture and storage (CCS) system within the HyNet North West project in the Liverpool Bay (U.K.).

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it has been awarded a contract to provide completions, liners, and monitoring products and services for the carbon capture and storage (CCS) system within the HyNet North West project in the Liverpool Bay (U.K.).
  • The first CCS project commissioned in the U.K, the HyNet project will apply CCS to reduce carbon emissions in the UK by transporting carbon dioxide captured from industry and storing them in depleted reservoirs underneath Liverpool Bay.
  • “This project provides a great opportunity to expand our completions activity and showcase Halliburton’s leadership in CCS projects.
  • We look forward to providing our services to support the HyNet project."

Reservoir Analysis Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 13.73 Billion by 2030: Verified Market Research®

Retrieved on: 
Monday, June 12, 2023

JERSEY CITY, N.J., June 12, 2023 /PRNewswire/ -- The Global Reservoir Analysis Market is projected to grow at a CAGR of 4.4% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 8.41 Billion in 2022 and is expected to reach USD 13.73 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Reservoir Analysis Market, including its growth prospects, market trends, and market challenges.
  • The global Reservoir Analysis Market is experiencing significant growth, fueled by the comprehensive evaluation of subsurface data and technological advancements in the field.
  • Reservoir modeling plays a vital role in processing drilling operations, driving the future development of the Global Reservoir Analysis Market.
  • Based on the research, Verified Market Research® has segmented the global Reservoir Analysis Market into Application, Service, Reservoir Type, And Geography.

Reservoir Analysis Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 13.73 Billion by 2030: Verified Market Research®

Retrieved on: 
Monday, June 12, 2023

JERSEY CITY, N.J., June 12, 2023 /PRNewswire/ -- The Global Reservoir Analysis Market is projected to grow at a CAGR of 4.4% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 8.41 Billion in 2022 and is expected to reach USD 13.73 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Reservoir Analysis Market, including its growth prospects, market trends, and market challenges.
  • The global Reservoir Analysis Market is experiencing significant growth, fueled by the comprehensive evaluation of subsurface data and technological advancements in the field.
  • Reservoir modeling plays a vital role in processing drilling operations, driving the future development of the Global Reservoir Analysis Market.
  • Based on the research, Verified Market Research® has segmented the global Reservoir Analysis Market into Application, Service, Reservoir Type, And Geography.

Halliburton Landmark DecisionSpace® Geosciences Selected as Equinor’s Standard Subsurface Data Interpretation Tool

Retrieved on: 
Wednesday, May 31, 2023

Halliburton Company (NYSE: HAL) today announced Equinor (NYSE: EQNR) selected Halliburton Landmark DecisionSpace® Geosciences as its standard geoscience toolbox and OpenWorks® with Open Subsurface Data Universe (OSDU™) as its corporate database for interpretations for its subsurface data.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced Equinor (NYSE: EQNR) selected Halliburton Landmark DecisionSpace® Geosciences as its standard geoscience toolbox and OpenWorks® with Open Subsurface Data Universe (OSDU™) as its corporate database for interpretations for its subsurface data.
  • Equinor’s One Subsurface community will now have a standardized subsurface toolkit, which helps them to seamlessly introduce geoscientists into different projects.
  • The solution will consolidate all interpretation data into OpenWorks to enable geological interpretation at scale, and a smooth transition to cloud.
  • “DecisionSpace Geosciences will provide a platform that shares subsurface insights, skills, and expertise to multidisciplinary teams at Equinor,” said Nagaraj Srinivasan, senior vice president, Landmark, Halliburton Digital Solutions, and Consulting.

Halliburton Upgrades Norwegian Petroleum Directorate’s National Data Repository

Retrieved on: 
Tuesday, May 30, 2023

Halliburton Company (NYSE: HAL) today announced it launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced it launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate.
  • Diskos 2.0 stores critical exploration and production data and is vital to drive investments in Norway’s oil and gas industry.
  • It allows members to instantly access the full range of seismic, well, and production data in a fully functional petrotechnical software environment, like Halliburton Landmark DecisionSpace® 365, without moving data from the NDR to a local network.
  • “Diskos 2.0 provides operators and key oil and gas stakeholders with a clean, transparent information and data management environment,” said Louis Vos, Assistant Director of Finance and Shared Services, National Petroleum Directorate.

Halliburton Annual Meeting of Shareholders and Dividend Declaration

Retrieved on: 
Thursday, May 18, 2023

Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 17, 2023, the shareholders elected all 13 nominees to the Company’s board of directors.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today that at its annual meeting of shareholders held in Houston, Texas, on May 17, 2023, the shareholders elected all 13 nominees to the Company’s board of directors.
  • The shareholders also approved the proposed amendment to the Company’s Certificate of Incorporation regarding officer exculpation and other miscellaneous amendments.
  • The Board of Directors would like to thank the many shareholders who engaged with us and supported Halliburton,” said Halliburton Chairman, President, and CEO Jeff Miller.
  • At the board of directors’ meeting following the shareholders’ meeting, the board declared a 2023 second quarter dividend of sixteen cents ($0.16) per share on the Company’s common stock payable on June 28, 2023, to shareholders of record at the close of business on June 7, 2023.

Halliburton Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, April 25, 2023

“My Halliburton outlook -- for both the current year and the long-term -- is strong. We hear it from our customers, and we see it in our first quarter results. Our customers are clearly motivated to produce more oil and gas and service capacity is tight.

Key Points: 
  • Halliburton's total revenue for the first quarter of 2023 was $5.7 billion compared to total revenue of $4.3 billion in the first quarter of 2022.
  • Both divisional results were negatively impacted in the first quarter of 2023 when compared to the first quarter of 2022, resulting from the sale of our Russian operations during 2022.
  • North America revenue in the first quarter of 2023 was $2.8 billion, a 44% increase when compared to the first quarter of 2022.
  • International revenue in the first quarter of 2023 was $2.9 billion, a 23% increase when compared to the first quarter of 2022.

Halliburton Labs Welcomes Three New Companies to its Energy Tech Accelerator

Retrieved on: 
Wednesday, April 12, 2023

Halliburton Labs introduces FuelX, LiNa Energy, and Solaires Entreprises as the newest participants in its clean energy accelerator.

Key Points: 
  • Halliburton Labs introduces FuelX, LiNa Energy, and Solaires Entreprises as the newest participants in its clean energy accelerator.
  • The move is part of Halliburton Labs’ ambition to advance clean energy innovation.
  • Halliburton Labs helps early-stage companies achieve commercialization milestones with supportive resources that expand customer and investor prospects to enable growth.
  • It will anchor the first-ever Energy Tech Day at Denver Startup Week and will include pitches from innovative, early-stage energy tech companies.

Repsol Accelerates Digital Journey with Halliburton Landmark to Automate and Streamline Its Well Design Process

Retrieved on: 
Wednesday, April 5, 2023

Halliburton Company (NYSE: HAL) today announced that Repsol implemented the Halliburton Landmark DecisionSpace® 365 Well Construction Suite as its preferred digital solution to automate and streamline its well design process.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced that Repsol implemented the Halliburton Landmark DecisionSpace® 365 Well Construction Suite as its preferred digital solution to automate and streamline its well design process.
  • The deployment provides scalability, flexibility, integration, and third-party collaboration and accelerates the adoption of machine learning and artificial intelligence across the drilling and wells organization.
  • The Well Construction Suite and Digital Well Program® help Repsol standardize its well design process and automate routine work to increase efficiency and minimize down time.
  • “Halliburton Landmark’s cloud technologies reduce planning time and automate workflows throughout the value chain,” said Nagaraj Srinivasan, senior vice president of Landmark, Halliburton Digital Solutions, and Consulting.