Halliburton news

These offerings strengthen the DecisionSpace Production portfolio by adding analytical dashboards and production engineering capabilities.

The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).

According to Rystad Energy’s latest assessment, Halliburton has surpassed 4 million horsepower by adding roughly 700 000 horsepower since the first quarter of 2017.

API Q2 is a risk-based quality management system approach that focuses on competency, service design, contingency planning, supply chain controls, preventive maintenance, inspection, service quality plans and management of change.

Halliburton has reported a loss from continuing operations of US$805 million for 4Q17, which it believes are a reflection of charges related to US tax reform and Venezuela receivables.

Halliburton has announced the release of Geometrix™ 4D Shaped Cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs.

Ensco plc has announced the completion of its acquisition of Atwood Oceanics, Inc.

Halliburton has announced the GeoTech HE™, a robust drill bit that incorporates new features and materials to deliver enhanced performance and increased reliability in today’s high energy drilling systems.

The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science, software and services.

Halliburton has announced an agreement with GroundMetrics, a San Diego company specialising in the development of electromagnetic sensor systems, to deliver full field reservoir characterisation and monitoring services.