Who owns Halliburton oil & gas?

At the top of Halliburton’s corporate portfolio is Baker Hughes, which is owned by GE and Halliburton. This company offers a wide range of products and services to oil and gas companies around the world, from drilling rigs to engineering services.

How can Halliburton improve drilling performance?

Achieve improved drilling optimization and performance with customized drill bits, in-bit sensors, and advanced rotary steerable systems. Halliburton’s innovative technologies reduce well time, increase the rate of penetration, and optimize bit performance throughout runs. We custom-engineer drill bits for your specific formation challenges.

Did Halliburton work on Deepwater Horizon?

Halliburton staff were employed on the Transocean operated Deepwater Horizon oil rig in the Mexican Gulf. Halliburton staff completed cementation of the final production well 20 hours prior to the Deepwater Horizon drilling rig explosion, but had not yet set the final.

How many rigs did Halliburton sell in Q4 2021?

The total number of rigs increased from 1,332 in Q4 2020 to 1,352 in Q4 2021, making a slight increment of 1.5% on a year-on-year basis. However, it decreased by 4.72% on a quarterly basis, from 1,419 in Q3 2021 to 1,352 in Q4 2021. Halliburton generates a major part of its revenue from the selling of rigs in the International regions.

Is Halliburton a fracking company?

Halliburton Company is an American multinational corporation and the world's second-largest oil service company which is responsible for most of the world's fracking operations.

Which countries does Halliburton operate in?

Halliburton currently operates in more than 75 countries. Here, International countries include Europe, Africa, the Middle East, Asia, and CIS (Commonwealth of Independent States). This region has the maximum contribution to the total number of rigs, accounting for 55.84% of the total rigs sold in Q4 2021.