Halliburton

History

Year	Detail
1919	Halliburton was founded in 1919 in Texas, U.S.
1926	Halliburton became 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.
1940	Halliburton opened its first office 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	It has made its first European office 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 offshore multiwell platform in China.
1986	The company has become the first American company to perform oilfield services in mainland China.
1991	It has opened a branch office in Moscow.
2006	Halliburton realigned its work into Eastern and Western Hemisphere operations.
2007	The company has divided its service offerings into two divisions: Completion and Production and Drilling and Evaluation.
2008	Opened a new technology center in Singapore as well as manufacturing centers in Malaysia, Brazil and Mexico.
2010	It has launched Landmark Software and Services and released DecisionSpace Desktop technology.
2011	Halliburton deploys the 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 a Completion Technology and Manufacturing Center in Singapore.
2014	Established Argentina’s first sand storage and loading facility to support the country’s transition from shale exploration to development.
2015	Halliburton introduced the next-gen acoustic evaluation service – Xaminer Sonic Service.
2016	It has 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.
2020	It has introduced SmartFleet, the first intelligent automated fracturing system.
2021	The company has introduced ExpressFiber, a single-use fiber optic cable that offers accurate, direct subsurface measurements, including cross-well communication.
2023	Acquired Resoptima AS, a leading Norwegian technology company that specializes in data-driven reservoir management.
2023	Halliburton and Siguler Guff formed a joint venture and launched Envana Software Partners LLC, which provides critical emissions management software-as-a-service (SaaS) solutions to track greenhouse gas emissions in the oil and gas industry and beyond.
2024	Halliburton Labs welcomes Adena Power, the newest company, to join its collaborative environment for energy and climate ventures.
2024	Introduced Reservoir Xaminer, a formation testing service designed to provide precise formation pressure measurements and representative samples of the reservoir fluid in less time.