Halliburton Company is an American multinational corporation, and one of the world's largest oil field services companies with operations in more than 80 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 100,000 people.The company has dual headquarters located in Houston and in Dubai, where Chairman and CEO David Lesar works and resides, "to focus company’s Eastern Hemisphere Growth." The company remains incorporated in the United States.Halliburton's major business segment is the Energy Services Group . ESG provides technical products and services for petroleum and natural gas exploration and production. Halliburton's former subsidiary, KBR, is a major construction company of refineries, oil fields, pipelines, and chemical plants. Halliburton announced on April 5, 2007 that it had sold the division and severed its corporate relationship with KBR, which had been its contracting, engineering and construction unit as a part of the company.The company has been involved in numerous controversies, including the Deepwater Horizon explosion, for which it agreed to settle outstanding legal claims against it by paying litigants $1.1 billion.As of August 1, 2014 Jeff Miller was promoted to President of Halliburton reporting directly to Dave Lesar.On November 17, 2014 Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website, as at December 11, 2014 detailed the restructuring in the integration to follow. Wikipedia.
Halliburton Co. | Date: 2013-02-20
Halliburton Co. | Date: 2013-03-29
A method of swelling an oil-swellable elastomer in a well comprising the step of: contacting the oil-swellable elastomer in the well with a treatment fluid, wherein the treatment fluid comprises: (A) an oil selected from the group consisting of alkanes and naphtha, wherein the oil comprises hydrocarbons having anywhere in the range of 5 to 21 carbons; (B) an -olefin having anywhere in the range of 18 to 26 carbons; and (C) an activator for oil-swelling, the activator selected from the group consisting of: ketones, dodecane, terpenes, terpenoids, haloalkanes having from 9 to 20 carbons, and any combination thereof. An oil-swelled elastomer as produced by the method is also contemplated.
Halliburton Co. | Date: 2013-03-12
A system and method for monitoring oil flow rates at multiple points in production wells using a flow sensing fiber optic cable. An illustrative system embodiment includes: a fiber optic sensing system housed within a tube suitable for a downhole environment; and a flow to signal conversion device attached to the tube and deployed in the oil flow.
Halliburton Co. | Date: 2013-10-09
Disclosed are systems and methods for monitoring drilling fluids. One system includes a flow path containing a fluid having at least one component present therein, and a movable housing having at least one optical computing device configured to move with the movable housing along a detection path, the at least one optical computing device including at least one integrated computational element (ICE) configured to optically interact with the fluid over the detection path, wherein the at least one ICE is configured to detect a characteristic of the at least one component and generate an output signal corresponding to the characteristic.
Halliburton Co. | Date: 2013-02-01
A method and device for relieving thermal stresses on the optical fibers in fiber optic splice housings used in hostile thermal environments.