Lesar

People — Jeff Miller

Halliburton Co. CEO and President Jeff Miller has assumed the role of board chairman with the retirement of Dave Lesar. Miller joined Halliburton in 1997 and served as COO from 2012 to 2014. He became president and joined the board in 2014. Lesar, who joined the Houston-based oilfield services giant in 1993, retired as CEO in 2017 but remained executive chairman. Lesar had served as chairman and CEO since 2000 when predecessor Dick Cheney was nominated as U.S. vice president.

December 28, 2018
Halliburton E&P Customers ‘Tapping’ Brakes Across North America, Cutting Proppant Sand Use

Halliburton E&P Customers ‘Tapping’ Brakes Across North America, Cutting Proppant Sand Use

North America’s rig count growth has begun to plateau, as producers slow activity “all over the place in North America,” a sign that they are learning from their high-spending days of the past, Halliburton Co. Chairman Dave Lesar said Monday.

July 24, 2017

Halliburton Doubling U.S. Frack Capacity, Hiring 2,000, Warns on Rising Costs

Halliburton Co. is bringing back double the U.S. pressure pumping capacity it had expected to reactivate for the entire year and is hiring people as quickly as possible, as customer animal spirits “run hard,” CEO Dave Lesar said Friday.

March 24, 2017
Halliburton CEO Says E&P ‘Psychology’ Changing, Talk of Growth, Recovery

Halliburton CEO Says E&P ‘Psychology’ Changing, Talk of Growth, Recovery

The North American onshore industry has shifted its thinking towards recovery, and Halliburton Co.’s second quarter results likely represent the bottom as exploration and production (E&P) companies look ahead to growth, CEO David Lesar said.

July 22, 2016

North America to Lead Oil, Gas Recovery, Says Halliburton CEO

The recovery hasn’t arrived yet, but when it does, North America will be leading the charge, Halliburton Co. CEO Dave Lesar said Tuesday.

May 3, 2016

North America to Lead Oil, Gas Recovery, Says Halliburton CEO

The recovery hasn’t arrived yet, but when it does, North America will be leading the charge, Halliburton Co. CEO Dave Lesar said Tuesday.

May 3, 2016

Halliburton’s Lesar Says 2016 ‘One Tough Slog Through the Mud’

Industry bellwether Halliburton Co., the largest pressure pumper in North America, reported revenue in its combined U.S.-Canadian operations slumped 54% in the final three months of 2015, and it has little visibility from customers that it’s going to be any better going forward.

January 25, 2016

Halliburton Expecting Conditions to Deteriorate Further by Thanksgiving

Demand for onshore pressure pumping services has all but evaporated, but conditions may deteriorate further by late November into the first quarter of 2016, Halliburton Co. CEO Dave Lesar said Monday.

October 19, 2015

North American Rigs May Decline 15-20% Sequentially in Fourth Quarter, Says Halliburton

Demand for onshore pressure pumping services has all but evaporated, but conditions may deteriorate further by late November into the first quarter of 2016, Halliburton Co. CEO Dave Lesar said Monday. The fourth quarter average horizontal rig count could drop about 15-20% sequentially, the acting CFO warned.

October 19, 2015
Halliburton, Baker to Combine in Gigantic Deal

Halliburton, Baker to Combine in Gigantic Deal

Halliburton Co. (HAL) on Monday agreed to acquire Baker Hughes Inc. in a transaction worth an estimated $34.6 billion, bringing together the world’s No. 2 and No. 3 oilfield service (OFS) operators. On a pro-forma basis, the combined company had 2013 revenues of $51.8 billion, 136,000-plus employees and operations in more than 80 countries.

November 17, 2014