Halliburton Celebrates 100th Anniversary
September 19 2019 - 9:03AM
Business Wire
Highlights Include Growth and Innovation in
Argentina
Halliburton Company (NYSE: HAL) celebrates its 100th anniversary
this year, including more than 60 years of service in Argentina.
Since its operations began in the country in 1956, Halliburton
Argentina has led local oil and gas industry development by
introducing new techniques and technology to the region.
“This monumental milestone is a testament to the commitment and
dedication of our past and present employees as well as our
continued focus on superior customer service,” said Jorge Rivera,
vice president of Halliburton Argentina. “We are excited to
celebrate this achievement and the work of our Argentinian
employees who are inspired by the past and leading into the future
by bringing innovative technologies and services to the
country.”
Halliburton has almost 2,000 employees in Argentina who, for
more than 60 years, have consistently broken efficiency records and
established new quality standards by implementing leading
technology and offering integrated solutions to their
customers.
For example, on September 23, 1959, three years after its
establishment in the country, Halliburton Argentina performed
the country’s first hydraulic fracturing operation in the Sierra
Barrosa field, where 20,000 pounds of proppant was pumped.
Since that time, Halliburton Argentina has had a key role in the
development of conventional and unconventional fields and offshore
projects in the country. Some of the Company’s milestones
throughout its more than 60 years in Argentina include:
- Achieving the world record of extended reach oil wells in
Tierra del Fuego in 1999.
- Building the first proppant warehouse and distribution facility
in Argentina, located in La Meseta, Neuquén, dedicated to providing
and mobilizing frac-sand to enhance efficiency rates in 2014.
- Building a new service center in Añelo, Neuquén in 2016. The
center provides the Company with better proximity to the Vaca
Muerta field and to its customers’ operations in the area.
- Opening the largest, most advanced barite processing plant in
the Bahia Blanca port in 2017. The Company uses the facility to
receive raw material and process it to produce barite under API
standards.
- In 2018, Halliburton Argentina launched the first iCruise®
Intelligent Rotary Steerable System run in Latin America with
excellent results, drilling the longest lateral section in an
unconventional 8 ½” Vaca Muerta well under the most extreme
conditions.
With the same values that have sustained the Company for the
past century, Halliburton is leading into the future with a
continued focus on innovation, collaboration, and execution to
deliver superior customer service in Argentina. As a recent
example, this year we achieved a fracturing efficiency record with
ten stages pumped in 24 hours, introducing a new efficiency
paradigm to the local industry.
Halliburton is celebrating its 100-year anniversary through
employee, customer and community events around the world. To learn
more about the 100 years of Halliburton and the people and
technologies that have built the company, visit hal100.com.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 60,000 employees, representing 140 nationalities in
more than 80 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
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For Investors: Abu Zeya Investor Relations
investors@halliburton.com 281-871-2688
For News Media: Emily Mir Public Relations
pr@halliburton.com 281-871-2601
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