Forbes decided to set the hydraulic fracking record straight by using facts, not playing on emotion like many of the frac-tivists do. To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture [...]
The chief executive of oilfield services giant Halliburton says there are “fantastic and phenomenal opportunities” to expand shale drilling beyond North America, but that growth may come slowly. “There is a lot to be excited about in the shale plays, but there are obstacles that need to be overcome and that’s good because I don’t [...]
Halliburton has successfully executed the first horizontal, multistage hydraulic fracture shale gas completion in Argentina’s Neuquén Basin for Apache. Halliburton provided all major well construction and completion services for the project, resulting in the successful delivery of South America’s first horizontal and deepest shale gas well. As global development of unconventional resources materialize, Halliburton is in [...]
Russia’s Lukoil is scouting for oil and natural gas investments in U.S. shale fields, said its president, Vagit Alekperov. “If we are lucky in identifying a good partner, we are ready to be actively involved in the U.S.,” said Alekperov. Alekperov said he wants to be able to apply those techniques to oil-rich shale deposits in Russia. Lukoil is already experimenting in the Bazhenov formation in West Siberia, [...]
Findings from a U.S, Congressional probe examining hydraulic fracturing techniques has found that several energy companies may have violated environmental rules. The probe initiated by House of Representatives’ Energy and Commerce Committee found that oil services firms such as Halliburton and BJ Services, which was bought by Baker Hughes Inc., injected millions of gallons of [...]
Petroleum services giant Halliburton Co. said Monday it has begun publicly disclosing the identity of chemicals in solutions it makes to be pumped into the ground by Pennsylvania’s booming natural gas industry. A new Halliburton website provides information on the chemicals the company says are in its three most commonly used solutions in the state, [...]
The industrial Lublin and Podlasie basins of southeastern Poland are becoming major attractions for global energy giants hoping to tap into new sources for Europe. Companies like Exxon Mobil, ConocoPhillips and Chevron have signed deals or are in negotiations for concessions from the Polish government to explore the region for shale gas, one of the [...]
The same technology that unleashed a natural gas bonanza in North America over the past decade has the potential to transform the European energy industry. “A year or two from now, the activity over in Europe is going to be absolutely frenetic, and so you’ve got to get in there early,” said Craig Steinke, executive [...]
When Halliburton announced its fourth-quarter results this week, the headline news was that earnings had plunged nearly 50% over the previous year. But investors are looking beyond that. Shares of Halliburton are up 35% over the past six months, versus a gain of 18% for arch-rival Schlumberger and a loss of 11% for number-three oil [...]
When Halliburton announced its fourth-quarter results this week, the headline news was that earnings had plunged nearly 50% over the previous year. But investors are looking beyond that. Shares of Halliburton are up 35% over the past six months, versus a gain of 18% for arch-rival Schlumberger and a loss of 11% for number-three oil [...]
