Halliburton Energy Services

Name

Halliburton Energy Services

Legal name

Halliburton Energy Services, Inc.

Website

https://halliburton.com

Company type

Public

Founded year

1919

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Oilfield Services and Energy Technology

NAICS

Drilling Oil and Gas Wells (213111), Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Mining (21311), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), Drilling Oil & Gas Wells (1381)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Drilling & Workover Rigs (Land & Offshore) (EUALABAA), OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN), Offshore Subsea Gathering & Flowline Systems (TLAGAJAF)

Keywords

• Oilfield services
• Drilling and completions
• Formation evaluation
• Production enhancement
• Subsurface software

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Integrated Services: Comprehensive project management services including integrated well construction, integrated well intervention, and integrated asset management. These services bundle multiple Halliburton product lines into comprehensive solutions for customers.
2. Product and Equipment Sales: Sale of specialized equipment including drill bits, completion tools, liner hangers, multilateral systems, frac plugs, sand control systems, wellbore service tools, and pipeline diagnostic equipment. Includes proprietary products like Phorcys autonomous pumping units and InnerVue diagnostic systems.
3. Software and Digital Solutions: Licensing and deployment of DecisionSpace 365 Enterprise software, Landmark solutions, iEnergy platform, SmartDigital, and OSDU data management. Includes cloud-native digital capabilities through acquisitions like InformatiQ.
4. Specialty Chemicals: Production and sale of specialty chemicals for upstream, midstream, and downstream applications including drilling fluids, completion fluids, stimulation chemicals, and pipeline/process specialty chemicals (Sure™ family of products).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

Halliburton provides integrated products, services, and digital solutions across the oil and gas asset lifecycle, including subsurface evaluation, well construction and drilling, completions, production enhancement, and midstream pipeline services. The portfolio combines proprietary hardware (drill bits, completion tools, formation testing sensors, subsea pumping units), specialty chemicals, and cloud-based software platforms (DecisionSpace 365, Landmark, iEnergy), delivered to operators through direct enterprise field sales.

Product overview

Halliburton offers an integrated portfolio of energy services organized around a platform-plus-modules architecture. The core software platforms include DecisionSpace 365 Enterprise (integrated subsurface, well construction, reservoir and production solutions), iEnergy cloud ecosystem, SmartDigital, and Open Subsurface Data Universe (OSDU). These platforms are complemented by specialized product families: the Xaminer series (Reservoir Xaminer formation testing, Xaminer Deep Testing logging, StrataXaminer imaging, XMR magnetic resonance) for formation evaluation; the Sure family (SureTherm thermal cleaning, Sure pipeline chemicals) for pipeline services; InnerVue for non-intrusive pipeline diagnostics; and completion technologies including OSTMZ sand control, Volta all-electric control, and VersaFlex expandable liner hangers. Digital automation offerings include BaraLogix real-time monitoring, LOGIX automation, and drilling automation services. The portfolio spans the entire asset lifecycle from subsurface evaluation through well construction, completions, production, and abandonment.

Differentiator

Problem solved

Functional benefit

Brands

• Landmark: Digital transformation and subsurface software solutions provider, offering cloud-based platforms including DecisionSpace 365 Enterprise, iEnergy, and OSDU services.
• Sure
• InnerVue
• Phorcys
• Reservoir Xaminer
• XMR
• StrataXaminer
• Xaminer Deep Testing
• LOGIX
• Halliburton Labs

Products and services

• DecisionSpace 365 Enterprise Halliburton's flagship enterprise software platform providing integrated subsurface, well construction, reservoir management, and production solutions across the asset lifecycle, with AI and machine learning capabilities for asset optimization.
• iEnergy Cloud-based digital ecosystem for energy operations, including the iEnergy Stack for integrated data management and analytics.
• DecisionSpace 365 Essentials Streamlined version of Halliburton's DecisionSpace 365 platform targeted at smaller-scale operations and projects.
• SmartDigital Digital platform for field operations optimization and remote collaboration.
• Open Subsurface Data Universe (OSDU) Open data standard platform enabling interoperability across subsurface data systems.
• Reservoir Xaminer Formation Testing Service Next-generation wireline formation testing and sampling service with dual quartz pressure sensors for precise formation pressure measurements and representative fluid samples in less time.
• Xaminer Deep Testing Logging Service Deep-reading wireline logging service combining reservoir insight with high-rate pump performance for pressure transient analysis and deliverability screening up to 1,640 ft radius of investigation.
• StrataXaminer Borehole Imaging Service High-resolution wireline borehole imaging service operating in oil- and synthetic-based muds, capturing images at three operating frequencies simultaneously using eight imaging pads with 24 buttons each.
• Xaminer Magnetic Resonance (XMR) Service High-pressure-rated downhole NMR logging service providing fluid-filled porosity independent of mineralogy with 3D fluid characterization T1-T2-diffusion and 8x more data than traditional sensors.
• OSTMZ Sand Control System Sand control system designed to streamline multizone completions for improved operational efficiency.
• Volta All-Electric Control System All-electric control system for intelligent completions, advancing automated well performance optimization.
• VersaFlex Expandable Liner Hanger System Expandable liner hanger system deployed for offshore completions in challenging environments such as the Caspian Sea.
• InnerVue Non-Intrusive Pipeline Diagnostics Non-intrusive diagnostic service using pressure wave analysis to locate blockages, profile deposits, identify leaks, and track pigs in pipelines without interrupting operations, with up to 0.4% location precision across all pipeline diameters up to 10,000 psi.
• SureTherm Thermal Cleaning Service Time-delayed exothermic chemical technology generating heat at precise locations in pipelines for targeted removal of organic deposits such as paraffin wax and hydrates.
• Sure Pipeline and Process Specialty Chemicals Family of specialty chemicals (including SureGL, SureDfend, SureDscale, SureDsolv, SureDcon, SureStart, and SureTherm) for prevention and removal of millscale, grease, corrosion, scale, debris, hydrocarbons, and emulsions in pipelines.
• Phorcys Autonomous Pumping Unit Remote deepwater pumping, testing, and injection technology for precommissioning, maintenance, and decommissioning of subsea pipeline systems, with 3,000m maximum water depth, 14,500 psi pressure rating, and 1800L/min boost pump capacity.
• Camera Inspection Services Real-time high-definition visual inspection services including push rod cameras, endoscope cameras, and Hal-Vision camera for pipeline and process plant internals.
• Well Assure Monitoring Service Monitoring service for well plug and abandonment operations to safely plug wells and help prevent carbon emissions.
• RangeStar Geothermal Well Spacing and Intercept Service Magnetic ranging solution for geothermal well spacing and intercept operations.
• BaraLogix Real-Time Monitoring Real-time monitoring system for automated drilling fluid measurement and digital twin hydraulics, reducing nonproductive time on deepwater operations.
• LOGIX Automation and Remote Operations Advanced digital applications enabling critical engineering and operations insights through automation and remote operations capabilities for digital well construction.
• CO2 Storage Digital Solutions Digital solutions for carbon capture and storage operations, including downhole monitoring for CO2 injection control and well integrity.

Quantifiable outcome

• InnerVue achieves up to 0.4% location precision for pipeline blockage detection
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability14 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• PETRONAS Carigali Sdn. Bhd.coreStrategic or Co-development Partner · 1 January 2025PETRONAS Carigali Sdn. Bhd. to deploy Halliburton Landmark solutions to accelerate time to first oil. This strategic collaboration focuses on next-generation subsurface modeling and reservoir management capabilities using Halliburton's digital platforms.
• Shape DigitalcoreStrategic or Co-development Partner · 1 January 2025Halliburton and Shape Digital form strategic collaboration to advance digital asset performance management. The partnership combines Halliburton's energy industry expertise with Shape Digital's asset performance technology.
• Pampa EnergíacoreStrategic or Co-development Partner · 1 January 2025Multi-year agreement with Pampa Energía to support digital transformation of unconventional operations in Vaca Muerta, Argentina. Halliburton provides enterprise digital solutions for the operator's shale operations.
• ExxonMobilcoreStrategic or Co-development PartnerExxonMobil and Halliburton achieved the world's first fully closed-loop automated geological well placement in Guyana. This joint achievement demonstrates advanced automation capabilities in drilling operations.
• InformatiQstrategicTechnology or IntegrationHalliburton acquired InformatiQ to expand cloud-native digital capabilities. The acquisition strengthens Landmark's position as a trusted advisor for asset teams seeking integrated, cloud-native solutions across operations.
• Sekal ASstrategicTechnology or IntegrationHalliburton acquired Sekal AS from Sumitomo Corporation to accelerate drilling automation services. This acquisition enhances Halliburton's capabilities in automated drilling operations and well placement optimization.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Baker Hughes: Baker Hughes is a direct competitor across drilling services, completions, wireline, artificial lift, and turbomachinery. Its digital platform (LEAP) and OFS segment compete directly with Halliburton's DecisionSpace and Landmark offerings for major operator accounts.
• SLB (Schlumberger): SLB is the world's largest oilfield services company, offering directly overlapping services with Halliburton across drilling, completions, wireline, reservoir characterization, and digital platforms (DELFI). Competes head-to-head on virtually every integrated services contract.
• TechnipFMC: TechnipFMC competes with Halliburton in subsea completions, intervention, and integrated well construction services. Its subsea 2.0 platform overlaps with Halliburton's Phorcys autonomous pumping and subsea intervention capabilities.
• Weatherford International: Weatherford provides drilling, evaluation, completions, and production services that directly overlap with Halliburton's wireline, drilling, and artificial lift product lines. Particularly competitive in MENA and Latin America.
• NOV (National Oilwell Varco): NOV manufactures drilling rigs, downhole tools, and completion equipment that directly overlaps with Halliburton's drill bits, completion tools, and well construction equipment product lines. Supplies complementary rig equipment to drilling contractors worldwide.

Emerging players

• Oceaneering International: Oceaneering provides subsea robotics, intervention tooling, and inspection services that complement and partially compete with Halliburton's subsea well intervention and pipeline diagnostics (InnerVue) offerings in offshore markets.
• Core Laboratories: Core Laboratories specializes in reservoir description and production enhancement services, partially overlapping with Halliburton's Reservoir Xaminer and formation evaluation offerings. Smaller scale but competes for reservoir analysis and wellsite sampling work.
• CGG (Compagnie Générale de Géophysique): CGG provides geoscience and reservoir characterization services that partially overlap with Halliburton's subsurface and Landmark offerings, particularly in seismic imaging, basin studies, and reservoir simulation for exploration-focused operators.

Regional players

• Petrofac: Petrofac provides integrated oilfield services, well construction, and operations support competing with Halliburton's integrated services portfolio, primarily across the Middle East, North Africa, and the UK North Sea.
• Saipem: Saipem is an Italian-based engineering and construction firm competing with Halliburton on integrated well construction, subsea EPCI, and pipeline commissioning services, primarily across Mediterranean, Middle Eastern, and African offshore projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/Halliburton
• Facebookfacebook.com/halliburton
• LinkedInlinkedin.com/company/halliburton
• Instagraminstagram.com/halliburton

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Halliburton Energy Services