Tag Archives: Halliburton

PDVSA made an overdue $1.1 billion bond principal payment this week.

Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.

Halliburton has announced the release of the BaraShale Lite Fluid System. a high performance water-based fluid designed to maintain full salt saturation with reduced density.

Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.

Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.

Microsoft and Halliburton today detailed plans for a strategic alliance which will help drive digital transformation across the oil and gas industry.

Halliburton today announced an agreement with GroundMetrics. a San Diego company specializing in the development of electromagnetic sensor systems. to deliver full field reservoir characterization and monitoring services.

Oilfield services providers would be expected to invest in the fields in exchange for payment for every barrel of oil or Btu produced over an established baseline. the report added.

Halliburton Co renders services in oil and gas production sphere worldwide.

The collaboration combines GroundMetrics’ capabilities in electromagnetic and resistivity sensing. which helps determine the types of fluids present in reservoir rocks.