Halliburton Sperry Drilling

What Halliburton Sperry Drilling does

Halliburton Sperry Drilling is a product service line within Halliburton Company (NYSE: HAL), a publicly traded energy services corporation founded in 1919 and headquartered in Houston, Texas. Sperry Drilling specializes in Measurement-While Drilling (MWD), Logging-While Drilling (LWD), directional drilling, and Surface Data Logging (SDL), providing real-time wellbore positioning, formation evaluation, and geological data acquisition services to oil and gas operators during the drilling phase. Halliburton operates approximately 40,000 employees across 70 countries, with six technology centers (Houston, Carrollton, Duncan, Pune, Rio de Janeiro, Dhahran) and over 15 manufacturing centers supporting the broader portfolio of drilling, evaluation, completion, and production services. The Sperry Drilling service line is delivered alongside complementary product lines including Baroid (drilling fluids), Cementing, Completion Tools, Wireline and Perforating, Production Enhancement, Testing and Subsea, and Coiled Tubing, as well as the Landmark software platform for subsurface interpretation, well construction planning, reservoir simulation, and production optimization.

The business model combines professional services revenue (long-term contracts with E&P operators), recurring software subscription and license revenue from Landmark's cloud-native SaaS and enterprise on-premises solutions, and hardware sales from manufactured drilling and production equipment. Halliburton distributes services through direct enterprise field sales teams positioned near major oil-producing basins, supported by a global supply chain and 30+ university partnerships for talent and research. AI capabilities including generative AI, RAG pipelines, and agentic AI are being integrated into Landmark software and operational workflows. R&D investment scaled from $325M to $601M over five years, with nearly 4,000 active US patents supporting the technology base. Customer concentration is in upstream oil and gas exploration and production, with major oil companies, national oil companies, and independent E&P operators as the primary end markets.

Name

Halliburton Sperry Drilling

Legal name

Halliburton Company

Website

https://jobs.halliburton.com

Company type

Public

Founded year

1919

Operating status

Operating

Headcount range

101–250 employees

Short description

Halliburton Sperry Drilling is a product service line of Halliburton Company (NYSE: HAL) that delivers MWD, LWD, directional drilling, and surface data logging services to global oil and gas exploration and production operators across the well construction lifecycle.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

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

SIC

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

akta.pro primary industry

Directional Drilling & MWD/LWD Services (EUALABAB)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oilfield drilling services
• Measurement while drilling
• Directional drilling technology
• Wireline perforating services
• Subsurface software platforms

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oilfield Services and Drilling Solutions: Halliburton provides products and services to the global energy industry throughout the reservoir lifecycle, including drilling, evaluation, completion, and production services. Revenue generated through long-term service contracts with oil and gas exploration and production companies.
2. Software Licenses and Subscriptions (Landmark): Landmark division provides software platforms as cloud-native SaaS and enterprise on-premises solutions for the energy industry, generating subscription and license revenue.
3. Manufacturing and Equipment Sales: Halliburton designs, manufactures, and repairs equipment for controlling oil and gas production from drilling through reservoir depletion.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Sperry Drilling provides Measurement-While Drilling (MWD), Logging-While Drilling (LWD), and directional drilling services that deliver real-time wellbore positioning, formation evaluation, and controlled drill-bit steering for oil and gas operators. The offering is part of Halliburton's broader portfolio that also includes the Landmark software platform (cloud-native SaaS and on-premises solutions for subsurface interpretation, well construction planning, reservoir simulation, production optimization, and digital operations) and Surface Data Logging (SDL) services for on-location geological and drilling data collection.

Product overview

Halliburton Sperry Drilling operates as part of Halliburton's broader energy services portfolio. The company offers a multi-product service line including Landmark software platforms (cloud-native SaaS and on-premises solutions for subsurface interpretation, well construction planning, reservoir simulation, and production optimization), Sperry Drilling Services (MWD, LWD, Directional Drilling, and Surface Data Logging), Wireline and Perforating services, Testing and Subsea services, and production enhancement solutions (Coiled Tubing, Production Enhancement, Cementing, Completion Tools, and Baroid fluid services). These products work together across the oilfield lifecycle from exploration through production optimization, with the GeoBalance Application providing integrated job design and analysis across multiple service lines.

Differentiator

Problem solved

Functional benefit

Brands

• Landmark: Landmark, a Halliburton company, builds the software and data platforms that help the global energy industry make better decisions. Products span subsurface interpretation, well construction planning, reservoir simulation, production optimization, and digital operations. Operates as cloud-native SaaS platforms and enterprise on-premises solutions.
• Halliburton Labs

Products and services

• Sperry Drilling Services

Quantifiable outcome

• R&D investment increased from $325 million to $601 million over five years
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Weatherford International: Weatherford provides drilling, evaluation, completions and production services for oil and gas operators, directly overlapping Sperry Drilling's MWD/LWD and directional drilling service lines and competing for the same well construction contracts.
• SLB (Schlumberger): SLB is the world's largest oilfield services company and Halliburton's most direct competitor, offering an overlapping portfolio of drilling, evaluation, completions, production and digital solutions including competing MWD/LWD and directional drilling tools.
• Baker Hughes: Baker Hughes is a top-three oilfield services competitor with directly comparable drilling services (including its own MWD/LWD and directional drilling product lines), completions, and digital/software offerings serving the same E&P customer base.

Emerging players

• Oceaneering International: Oceaneering provides subsea robotics, intervention tooling, and inspection services for offshore oil and gas operators, adjacent to Halliburton's testing, subsea, and intervention offerings on offshore field development projects.
• Core Laboratories: Core Laboratories provides reservoir description and production enhancement services to the oil and gas industry, overlapping with Halliburton's reservoir evaluation, wireline/perforating and production optimization offerings at a more specialized level.
• CGG (Compagnie Générale de Géophysique): CGG provides geological, geophysical and reservoir characterization services, adjacent to Sperry Drilling's surface data logging and Landmark subsurface interpretation capabilities, serving similar E&P exploration and development customers.

Broad incumbents

• Petrofac: Petrofac provides integrated oilfield services, field development, training and operations support to E&P operators globally, with overlapping service scope to Halliburton's OFS engineering and operations support lines.
• Saipem: Saipem delivers drilling, engineering, procurement, construction and operations services for oil and gas field development, overlapping with Halliburton's OFS engineering, construction and O&M offering on complex international projects.
• TechnipFMC: TechnipFMC provides subsea, surface, and integrated project solutions for the upstream oil and gas industry, competing with Halliburton's subsea/testing capabilities and serving similar E&P customers on field development projects.
• NOV Inc. (National Oilwell Varco): NOV designs, manufactures and sells drilling rigs, downhole tools, and oilfield equipment, overlapping with Halliburton's manufacturing and equipment revenue stream and serving the same drilling contractor and operator customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

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

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Halliburton Sperry Drilling