Halliburton

Halliburton is a major global provider of products and services to the energy industry, primarily serving the upstream oil and gas sector. With a workforce exceeding 55,000 employees across approximately 70 countries, the company is involved in various stages of reservoir management, including locating hydrocarbons, managing geological data, drilling, formation evaluation, well construction, and optimizing production throughout the life of oil and gas fields. As one of the three largest oilfield service firms worldwide, Halliburton offers specialized expertise in numerous business lines, such as completion fluids, wireline services, and cementing. Additionally, it holds the distinction of being the largest pressure pumper in North America and has established itself as a leading innovator in hydraulic fracturing over the past two decades.

15 past transactions

Summit ESP

Acquisition in 2017
Summit develops, manufactures, and services electrical submersible pumping systems. It offers extended range pumps, gas handling, abrasion resistant technology, harmonic mitigation, and motor design products. The company also provides application engineering and equipment designing, reliability engineering and reporting, cable spooling and banding, corrosion coating, well testing, remote well monitoring and reporting, and equipment testing and repair services.

Intelligent Well Controls

Acquisition in 2013
IWC was established in 2009 by experts in the field of downhole data transmission. With a core development team, their wall-mounted telemetry (WMT®) technology has been successfully taken from a concept to a high value field-proven service. Their development, production and operational teams are based at their centre of excellence in Aberdeen, UK, from where they operate globally. At IWC they understand the importance of Quality and Delivery. High value wells require products and services of the highest standard. Quality of product and service is at the core of what they do and their aim is to provide transformational services and products with the highest level of quality assurance.

Red Spider

Acquisition in 2012
Red Spider is a technology company that specializes in providing downhole solutions for the oil and gas industry, focusing on flow control, completion, well intervention, and artificial lift applications. Established in 2003 and based in Stonehaven, Aberdeenshire, the company develops a range of products including valves, packers, and intervention equipment. Its offerings encompass well solutions like the evolution valve, revolver valve, and Optimus packer, as well as various intervention tools such as injection valves, hydraulic products, and zonal equalization devices. Red Spider aims to enhance operational efficiency and safety in oil and gas extraction through its innovative technologies.

Multi-Chem Group

Acquisition in 2011
Multi-Chem Group is the fourth-largest provider of production chemicals in North America.

Permedia Research Group

Acquisition in 2010
Permedia Research Group specializes in developing software for petroleum exploration and development. Its flagship product, MPath, is an advanced toolkit that integrates various functionalities such as petroleum basin modeling, migration simulation, reservoir fluid mixing, and production simulation, all within a user-friendly interface. The software is designed to facilitate petroleum systems analysis, allowing users to simulate fluid flow within basin-scale models and understand the interactions between reservoir fluid compositions, trap timing, filling, and hydrocarbon types.

Pinnacle Technologies

Acquisition in 2008
Pinnacle Technologies is an engineering service, consulting, and software firm focused on the energy sector, particularly in optimizing hydraulic fracturing. The company offers a range of specialized services, including fracture mapping, reservoir monitoring, and commercial micro-seismic monitoring. Its expertise extends to both surface and downhole micro-seismic monitoring, catering to unconventional, mature fields, and deep-water markets. Pinnacle is recognized for its innovative fracture diagnostic and reservoir monitoring technologies, along with its leading fracture stimulation software, all designed to enhance production economics in the energy industry.

WellDynamics

Acquisition in 2008
WellDynamics is a provider of intelligent completion technology for the upstream oil industry. The company specializes in SmartWell technology, which includes a range of intelligent completion equipment and services designed to control and monitor reservoir zones remotely. Its offerings encompass downhole flow control devices, permanent monitoring equipment, fiber optic sensors, and systems for surface data acquisition and automated control. Additionally, WellDynamics supplies interval control valves, zonal isolation products, downhole control systems, completion components, and both electrical and hydraulic systems, enhancing efficiency and performance in well completion processes.

Protech Centerform

Acquisition in 2008
Protech Centerform Inc. offers carbon fiber composite centralizers for standard and slim hole applications, completion and drilling tools, production riser systems, pipe in pipe flow lines, and road and river crossings.

Knowledge Systems, Inc.

Acquisition in 2008
Knowledge Systems, Inc. offers geopressure and geomechanical analysis software and services. The company markets Drillworks software that equips resources for understanding and managing the wellbore, geopressure, and geomechanical environment; Pressworks, a relational database designed for storing and managing geopressure data; and Drillworks ConnectML software that enables onsite or remote real-time surveillance of pore pressure and geomechanical data while drilling.

PSL Energy Services

Acquisition in 2007
PSL Energy Services, Ltd. provides wells, pipeline, and process services in the United Kingdom. Its pipe line services include pipeline pre-commissioning, seabed excavation and clearance, subsea pigging unit, arrival conditioning monitoring equipment, hydrotesting, pipeline cleaning and inspection, and subsea pressure and temperature logger services. The company’s process services include flange management and bolting, leak testing, precommissioning, camera inspection, chemical cleaning, nitrogen/helium leak testing, nitrogen purging, oil flushing, on site machining, pipe freezing, retrojetting/flushing, shutdown maintenance, and subsea bolting services.

Ultraline Services Corp.

Acquisition in 2007
Ultraline Services Corp. provides cased hole logging and perforating, H2S braided, and slickline services. The company offers slickline services, including hostile environment high pressure lubricator, complete line of downhole electronic recorders, running and pulling tools, tubing plugs and sleeves, fishing services, and pipe recovery; and cased hole services, including radial cement bond logging, compensated neutron logging, gamma ray logging, wireline perforating, tubing conveyed perforating, noise/temperature logging, production logging, critical H2S services, and setting of plugs, packers, or retainers.

Magic Earth

Acquisition in 2001
Magic Earth, Inc. provides volume visualization and interpretation software and solutions, including consultation services for interpretation projects, training and large-screen immersive visualization centers.

Geophysical Services, Inc.

Acquisition in 1988
Geophysical Service Incorporated is a Calgary based company which provides exclusive and non-exclusive 2D and 3D marine seismic data, gravity and magnetic data off the coasts of Nova Scotia, Newfoundland and Labrador, as well as the Arctic Islands, Beaufort Sea, and offshore southern Atlantic. The company’s fascinating history dates back to its founding in 1930 by John Karcher and Eugene McDermott. The original GSI would later spin off a company known at Texas Instruments in 1950. GSI was bought by Halliburton in 1988.
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