Halliburton

Halliburton is a prominent global provider of products and services to the energy sector, particularly focused on the upstream oil and gas industry. With a workforce of over 55,000 employees distributed across approximately 70 countries, the company supports the entire lifecycle of hydrocarbon reservoirs. Its services encompass locating hydrocarbons, managing geological data, drilling and formation evaluation, as well as well construction and completion. Additionally, Halliburton specializes in optimizing production throughout the life of oil and gas fields. Recognized as one of the largest oilfield service firms worldwide, Halliburton offers expertise in various areas, including completion fluids, wireline services, and cementing, and is noted for being the largest pressure pumper in North America, with significant contributions to innovations in hydraulic fracturing over the past two decades.

Guy Marcus

Executive Vice President and CFO

15 past transactions

Summit ESP

Acquisition in 2017
Summit ESP, LLC specializes in engineering, manufacturing, and servicing electrical submersible and surface pumping systems for the oil and gas industry. Founded in 2011 and based in Tulsa, Oklahoma, the company offers a range of products, including electric submersible pump systems, variable speed drives, horizontal pumps, and advanced technologies for gas handling and abrasion resistance. Summit ESP also provides comprehensive services such as application and reliability engineering, equipment design and installation, well testing, and remote well monitoring. The company focuses on enhancing well production and reservoir recovery, helping clients prolong the life of shale wells and improve output from aging wells. As of 2017, Summit ESP operates as a subsidiary of Halliburton Company.

Intelligent Well Controls

Acquisition in 2013
Intelligent Well Controls, established in 2009 and based in Aberdeen, UK, specializes in well construction technology, particularly focusing on downhole data transmission. The company has developed a wall-mounted telemetry (WMT®) system that utilizes a fluid pulse method to transmit data in real-time to surface data acquisition systems while maintaining bore access. This technology has progressed from concept to a proven field service, demonstrating its effectiveness in high-value well operations. Committed to quality and delivery, Intelligent Well Controls aims to provide transformational services and products with rigorous quality assurance, ensuring that they meet the high standards required for successful well construction and management on a global scale.

Red Spider

Acquisition in 2012
Red Spider is a technology company. It designs, manufactures, and supplies downhole solutions for flow control, completion, well intervention, and artificial lift applications to the oil and gas industry. The company offers well solutions, such as PVA, evolution valve, revolver valve, Optimus packer, disconnect, and reservoir isolation systems. The company also provides intervention equipment, which include injection valves, hydraulic RED products, eRED, velocity string packers, fluid support device, hydrostatic support valves, zonal equalization devices, modular straddle systems, retrofit straddle systems, dual zone injection management systems, pump-out plugs, and pinned melon equalizing assembly products. Red Spider was founded in 2003 and is headquartered in Stonehaven, Aberdeenshire.

Multi-Chem Group

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

SensorTran

Acquisition in 2011
SensorTran, a NASA technology spin-off, designs and supplies fiber optic-based Distributed Temperature Sensing (DTS) systems and solutions to the energy industry. SensorTran offers complete distributed monitoring solutions for use in downhole oil & gas operations, power cable monitoring, pipeline flow assurance and integrity monitoring, vessel hot spot detection, storage tank leak detection, environmental monitoring, concrete curing, and fire detection.

Permedia Research Group

Acquisition in 2010
The Permedia Research Group is the developer of MPath, the industry-leading petroleum exploration and development software toolkit. MPath includes petroleum basin modeling, petroleum migration, reservoir fluid mixing, reservoir filling and production simulators in a single easy-to-use package, with visualization and post-processing.

Pinnacle Technologies

Acquisition in 2008
Pinnacle Technologies is an energy industry engineering service, consulting and software firm specializing in the optimization of hydraulic fracturing. Pinnacle provides a unique combination of fracture and reservoir consulting services, award-winning fracture diagnostic and reservoir monitoring technologies along with the industry's leading fracture stimulation software, all recognized worldwide for enhancing production economics.

WellDynamics

Acquisition in 2008
WellDynamics is a provider of completion technology to the upstream oil industry. The company offers SmartWell technology, a well completion system that controls remotely and monitors reservoir zones. It also provides interval control valves, zonal isolation products, downhole control systems, completion components, electrical and hydraulic systems, optical fiber products, and reservoir solutions.

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.

Landmark Graphics

Acquisition in 1996
Landmark’s rich history of innovation began more than 30 years ago when the company’s founders changed exploration and production with the first interactive 3D seismic interpretation workstation. Landmark has continued to envision, invest in, evolve and advance our technologies. Milestone after milestone, the industry has hailed Landmark for its scientific leadership.​

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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