Halliburton History (2024)

A history of consistent innovation and expansion

1919: Halliburton founded.

1926: Halliburton took its first steps to become a worldwide company by selling five cementing units to an English company in Burma, which started its Eastern Hemisphere operations. Erle P.’s brothers expanded the business in Alberta, Canada.

1930s: The Company established its first research laboratories to test cement mixes and offer production-enhancing acidizing services. Halliburton also completed its first offshore cementing job using a barge-mounted cementing unit at a rig in the Creole Field, Gulf of Mexico. This was the start of what became the world's most extensive offshore service.

1940: Halliburton opened in Venezuela.

1946: The company expanded into Colombia, Ecuador, Peru, and the Middle East and began performing services for the Arabian-American Oil Company, the forerunner of Saudi Aramco.

1951: Halliburton made its first appearance in Europe as Halliburton Italiana SpA., a wholly-owned subsidiary in Italy. In the next seven years, Halliburton launched Halliburton Company Germany GmbH, established a subsidiary in England, and set up operations in Argentina.

1984: Halliburton provided all well completion equipment for the first offhshore multiwell platform in China.

1986: Halliburton became the first American company to perform an oilfield services in mainland China.

1991: The company opened a branch office in Moscow.

2006: Halliburton realigned its work into Eastern and Western Hemisphere operations.

2007: Halliburton divided its service offerings into two divisions: Completion and Production, and Drilling and Evaluation.

2008: Halliburton opens new technology center in Singapore as well as manufacturing centers in Malaysia, Brazil and Mexico.

2009: For first time, the number of horizontal wells drilled exceeded the number of vertical wells drilled as operators increase focus on unconventional basins.

2010: Landmark Software and Services releases DecisionSpace® Desktop technology.

2011: Halliburton deploys first series of Q10™ pumps.

2012: The Company expanded its operations in key unconventional markets including Australia, Saudi Arabia, Mexico and China.

2013: Halliburton opened Completion Technology and Manufacturing Center in Singapore.

2014: Halliburton opened Argentina’s first sand storage and loading facility to support the country’s transition from shale exploration to development.

2015: Halliburton introduced next-gen acoustic evaluation service – Xaminer℠ Sonic Service.

2016: Halliburton completed a hydraulic fracturing job for Eclipse Resources on the longest horizontal onshore lateral ever drilled in the U.S.

2017: The Company added to its Drilling and Evaluation technology offering through the acquisition of Ingrain.

2018: Halliburton releases Illusion® Spire - the first fluid efficient dissolvable frac plug.

2019: Halliburton celebrated 100 years of service.

2020: The Company introduced SmartFleet™, the first intelligent automated fracturing system.

Present: Halliburton is one of the world's largest providers of products, services, and integrated solutions for oil and gas exploration, development, and production.

Halliburton History (2024)
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