Halliburton

Halliburton Completions Calendar Booked, and Natural Gas, Oil Investments Strong, Says CEO

Halliburton Completions Calendar Booked, and Natural Gas, Oil Investments Strong, Says CEO

North America natural gas and oil customers are likely to increase their overall capital spending by at least 15% year/year, with well completions equipment already fully contracted, Halliburton Co. CEO Jeff Miller said Tuesday. Well completions fetched higher prices and customers clamored for more products, signaling a solid business environment ahead for natural gas and…

January 24, 2023
Halliburton ‘Very Encouraged’ About 2023 North American Oilfield Services Outlook

Halliburton ‘Very Encouraged’ About 2023 North American Oilfield Services Outlook

International natural gas and oil market activity is accelerating, and North American service capacity is tightening, with pricing “moving up in both markets,” Halliburton Co. CEO Jeff Miller said Tuesday. Miller helmed a conference call with analysts to discuss third quarter results, noting the Houston-based oilfield services (OFS) giant is using the technology honed in…

October 31, 2022
Halliburton’s North American Natural Gas, Oil Services Calendar ‘Sold Out’ into 2023

Halliburton’s North American Natural Gas, Oil Services Calendar ‘Sold Out’ into 2023

International natural gas and oil market activity is accelerating, and North American service capacity is tightening, with pricing “moving up in both markets,” Halliburton Co. CEO Jeff Miller said Tuesday. Miller helmed a conference call with analysts to discuss third quarter results, noting the Houston-based oilfield services (OFS) giant is using the technology honed in…

October 25, 2022
Hess, Nabors, Halliburton to Fund North Dakota Tribal Apprenticeship Program

Hess, Nabors, Halliburton to Fund North Dakota Tribal Apprenticeship Program

The North Dakota Tribal College System (NDTCS) is partnering with three leading oil and gas companies on an apprenticeship program to develop a homegrown workforce in the energy sector and other trades. Persistent labor shortages have plagued the Williston Basin, home to the mighty Bakken Shale, one of the Lower 48’s major oil and gas…

September 26, 2022
Halliburton CEO Sees ‘Multi-Year Energy Upcycle’ Even if Economy Slows

Halliburton CEO Sees ‘Multi-Year Energy Upcycle’ Even if Economy Slows

A potential economic slump would be insufficient to correct the acute supply/demand imbalance currently facing the oil and natural gas markets, according to Halliburton Co. CEO Jeff Miller. Miller discussed the market outlook during the oilfield services (OFS) giant’s second-quarter earnings call Tuesday morning. The CEO noted that actions taken by central banks during the…

July 19, 2022
North American Oil, Natural Gas Equipment ‘Almost Sold Out,’ Prices Climbing, Says Halliburton CEO

North American Oil, Natural Gas Equipment ‘Almost Sold Out,’ Prices Climbing, Says Halliburton CEO

North American oil and natural gas producers are likely to increase their capital spending by more than one-third this year, as they boost short-term cycle projects and deal with rising inflationary costs, Halliburton Co. CEO Jeff Miller said Tuesday. The Houston-based company, the No. 1 hydraulic fracturing company in North America, kicked off the first…

April 19, 2022
North American E&Ps Boosting Capex as Natural Gas, Oil Prices Soar, Says Halliburton CEO

North American E&Ps Boosting Capex as Natural Gas, Oil Prices Soar, Says Halliburton CEO

North America exploration and production (E&P) companies should increase their capital spending by 20% in 2022 as they lock up equipment and labor in an ever tightening global market, Halliburton Co. CEO Jeff Miller said Tuesday. The No. 1 completions expert in North America kicked off earnings season for the oilfield services sector in an…

October 19, 2021
Halliburton, VoltaGrid Partner with Aethon to Deploy All-Electric Fracturing in Haynesville

Halliburton, VoltaGrid Partner with Aethon to Deploy All-Electric Fracturing in Haynesville

Halliburton Co. and VoltaGrid LLC have clinched a multi-year contract with Aethon Energy Management LLC to deploy an all-electric fracturing solution in the Haynesville Shale. The project combines Halliburton’s all-electric fracturing spread, which uses the Zeus 5,000 hp electric pumping unit, with VoltaGrid’s power generation system, which offers real-time emissions tracking. “All-electric fracturing represents an…

October 13, 2021
Permian Leads Surge in Land Activity as U.S. Rig Count Rises to 491

Permian Leads Surge in Land Activity as U.S. Rig Count Rises to 491

A ramp-up in oil drilling, especially in the Permian Basin, sent the U.S. rig count surging seven units higher to 491 for the week ended Friday (July 23), the latest numbers from oilfield services provider Baker Hughes Co. (BKR) show. All of the net gains domestically for the week occurred in the oil patch, with…

July 23, 2021
Halliburton ‘Optimistic’ U.S. Land Activity to Climb as Oil Prices Strengthen, E&Ps Work to Sustain Production

Halliburton ‘Optimistic’ U.S. Land Activity to Climb as Oil Prices Strengthen, E&Ps Work to Sustain Production

Houston oilfield services giant Halliburton Co. kicked off the fourth quarter earnings season with positive news, as it takes advantage of a recovering U.S. land rig count and completions activity continues to rise. CEO Jeff Miller helmed a conference call on Tuesday with his management team, noting that the largest completions specialist in North America…

January 19, 2021
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