Halliburton’s New Round of Layoffs to Hit North America Hardest

Halliburton Co. is sending out another round of layoff notices within the next two weeks, with most of the jobs lost, including management positions, to affect North America.

September 24, 2015

Halliburton Agrees to Pay $18.3M in Overtime to 1,016 U.S. Employees

Halliburton Co. has agreed to pay almost $18.3 million total in overtime wages to 1,016 U.S. employees in one of the largest recoveries of its type in years, the Department of Labor said Tuesday.

September 22, 2015

Refracks Focus of Halliburton, BlackRock Venture

Halliburton Co., which performs more onshore well stimulations than any other operator in North America, is carving out a niche in the refracturing market in a partnership with private equity giant BlackRock.

July 20, 2015
Halliburton, Baker Hughes Hesitant to Set Bottom on North American Activity

Halliburton, Baker Hughes Hesitant to Set Bottom on North American Activity

Halliburton Co. and Baker Hughes Inc. both beat market expectations in the final three months of 2014, but a sharp turnaround in North American business activity has clouded expectations for 2015, company CEOs said Tuesday.

January 20, 2015
Halliburton Readying For North American E&P Capex Cuts

Halliburton Readying For North American E&P Capex Cuts

Halliburton Co. isn’t reporting much impact to its North American business from plunging oil prices yet, but adjustments are likely to occur through 2015 as operators recalibrate, CFO Mark McCollum said Wednesday.

December 11, 2014

Halliburton Clinches $1.1B Settlement With Macondo Plaintiffs

Halliburton Co. has reached a tentative $1.1 billion settlement with a majority of plaintiffs involved in the 2010 Macondo well blowout in the Gulf of Mexico.

September 2, 2014

Halliburton Secures More Sand for Onshore Operations, Updates Seismic-to-Stimulation Service

Halliburton Co., one of the largest onshore oilfield services providers, has obtained a long-term agreement through 2018 with Hi-Crush Partners LP for sand to use in hydraulic fracturing (fracking) operations.

June 24, 2014

Halliburton Employee Charged with Destroying Macondo Evidence

A former Halliburton Co. manager was charged by the U.S. Department of Justice (DOJ) on Thursday with destroying evidence linked to the Macondo well blowout in 2010.

September 23, 2013
Halliburton Seeing Growth Domestically, Overseas

Halliburton Seeing Growth Domestically, Overseas

With the exception of some flattening in the overall oil and natural gas rig count this year, a steady increase is forecast through 2015, particularly for horizontals drilled on multi-pad well sites, according to Halliburton Co. COO Jeff Miller.

September 16, 2013

Pressure Pumpers Face Antitrust Lawsuit on Alleged Price Manipulation

The three biggest pressure pumping providers serving U.S. operators — Halliburton Co., Schlumberger Ltd. and Baker Hughes Inc. — are facing a class action antitrust lawsuit over alleged price manipulation, which comes two weeks after the U.S. Department of Justice (DOJ) launched an investigation.

August 6, 2013