Halliburton news

Halliburton has reported an adjusted net income of US$320 million in 4Q21, double that from a year earlier, prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices.

Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.

The solution combines Halliburton’s all-electric fracturing spread with VoltaGrid’s power generation system.

The IsoBond cement system will be available globally by the end of 2021.

Halliburton will provide well services on Chariot's planned Anchois gas appraisal well offshore Morocco.

Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.

The electric fracturing solution reduced emissions for Chesapeake in the Marcellus by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeake’s local field gas network.

ExpressFiber is a single-use fibre optic cable that offers accurate, direct subsurface measurements, including cross-well communication.

The Nabors SmartROS platform can now integrate with Halliburton’s Digital Well Program, creating synergies between well planning and rig operations.

The company recorded a net income of US$227 million for 2Q21, compared to US$170 million in 1Q21.