Halliburton news

Cerebo Force in-bit sensors are designed to capture weight, torque and bending measurements directly from the bit.

Halliburton Landmark will deliver DecisionSpace® 365, its E&P cloud software, to support Petronas' upstream digitalisation initiatives and reduce exploration time.

Halliburton has announced a net loss of US$1.7 billion for 2Q20, compared to a net loss for 1Q20 of US$1 billion.

The agreement is designed to advance Halliburton’s digital capabilities in Microsoft Azure.

The Odassea technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.

The technology aims to reduce uncertainty and saves rig time by enabling operators to accurately position packers, perforating guns and the bottomhole assembly without running wireline or moving the work string.

The company has announced a net loss of US$1 billion, or US$1.16 per diluted share, for 1Q20.

The company will significantly reduce spending this year below its original US$1.2 billion budget.

The NitroForce drilling motor provides increased power and performance to complete longer laterals faster and with greater control.

The iEnergy cloud helps reduce corporate infrastructure costs and improve the effectiveness and efficiency of integrating, managing and supporting well data.