What Companies Does Halliburton Own?

Halliburton is an American conglomerate that has become one of the world’s largest oilfield services companies, providing integrated products and services to the oil and gas industry.

But what many people don’t know are all the different businesses and associated entities that Halliburton owns around the world as part of their corporate portfolio.

In this blog post, we will dive into what those businesses are, how big they are compared to others in the industry, and why they make up such a crucial part of Halliburton’s ongoing success.

So, if you ever wanted to get an inside look at just what Halliburton does behind closed doors – keep reading!

Who Owns Halliburton?

At the top of Halliburton’s corporate portfolio is Baker Hughes, which is owned by GE and Halliburton.

This company offers a wide range of products and services to oil and gas companies around the world, from drilling rigs to engineering services.

Other subsidiaries include Baroid Industrial Drilling Products (BIP), which is one of the top suppliers of oil field drilling products and services, Halliburton Energy Services (HES), which provides a variety of services such as pipeline construction, completion, and maintenance, KBR Inc., which provides engineering design and technical services to the energy industry, and Landmark Graphics Corporation (LGC), which offers software solutions for geoscience data management.

What Companies Does Halliburton Own?

Halliburton is a multinational corporation that has diversified its portfolio over the years by acquiring other companies.

In addition to its oilfield services business, Halliburton also owns several well-known brands in different industries.

One of the companies it owns is Boots & Coots, which specializes in emergency response services.

It has also acquired Dresser Industries, a leading manufacturer in the energy industry.

Furthermore, Halliburton owns Baroid, a provider of drilling fluids and solids control equipment for the oil and gas industry.

With such a diverse range of subsidiaries, Halliburton has solidified its presence in many fields beyond just oil and gas services. Here is the list of companies Halliburton owns.

1. Boots & Coots

Boots & Coots is a global provider of emergency response services for the oil and gas industry.

The company specializes in well control solutions, such as capping and plugging wells that have been damaged by natural disasters or accidents.

They also provide a range of other services, including firefighting, hazardous material management, and risk mitigation.

2. Dresser Industries

Dresser Industries is a leading manufacturer that provides products and services to the energy industry.

Founded in 1932, the company specializes in oilfield equipment, natural gas compression systems, valves, and related products.

It has more than 6500 employees around the world and serves customers in over 100 countries.

3. Baroid

Baroid is a leading provider of drilling fluids and solids control equipment for the oil and gas industry.

Based in Houston, Texas, the company specializes in high-performance drilling fluid products that reduce costs and improve safety.

It also provides services such as mud engineering, well logging, and borehole stability analysis.

With its extensive portfolio of products and services, Baroid has become one of the leading suppliers of oilfield solutions.

4. M-I SWACO

M-I SWACO is a provider of drilling fluids and solids control equipment for the oil and gas industry.

Based in Houston, Texas, it is one of the leading suppliers of drilling fluids, solids control, and waste management services for onshore and offshore oil operations.

The company offers a wide range of products and services that include mud engineering, well logging, borehole stability analysis, waste management solutions, and more.

5. Landmark Graphics Corporation

Landmark Graphics Corporation is a leading provider of software and services for the oil and gas industry.

Founded in 1983, the company specializes in reservoir characterization, well engineering, production optimization, geological modeling, 3D visualization, and more.

Its products are used by major operators around the world to increase efficiency and reduce costs.

Landmark Graphics also provides consulting services to help customers optimize their operations.

6. Cameron International

Cameron International is a leading provider of pressure control, flow control, separation, and other oil and gas products for the global energy industry.

The company has over 100 years of experience in designing and manufacturing valves, actuators, controls, drilling systems, and related products.

Cameron International’s portfolio of products includes wellheads, mud systems, surface pumping units, valves, and more. It also provides solutions for offshore production and subsea operations.

7. Sperry Drilling Services

Sperry Drilling Services is a provider of advanced drilling technology and services to the global oil and gas industry.

The company offers directional drilling, measurement-while-drilling (MWD), logging-while-drilling (LWD), mud logging, wellbore surveying, casing inspection, and other advanced technologies that enable operators to maximize efficiency while reducing costs.

 In addition to its drilling services, Sperry Drilling Services also provides a suite of data management and analysis products.

8. Subsea Technologies

Subsea Technologies is a provider of innovative solutions for the oil and gas industry.

The company’s portfolio includes advanced imaging systems, subsea control systems, monitoring and diagnostic tools, robotics systems, inspection services, positioning systems, and other specialized products.

Subsea Technologies’ technologies enable operators to increase safety, reduce costs, and optimize their operations from the seabed.

The company has developed advanced systems that allow customers to monitor their subsea assets in real-time.

9. Landmark Software & Services

Landmark Software & Services develops and distributes a suite of enterprise software solutions for the oil and gas industry.

Its integrated portfolio includes geological, geophysical, reservoir engineering, production management, real-time operations optimization, well planning, and other solutions.

The company’s products enable operators to optimize operations by managing data from exploration to production on a single platform.

Landmark Software & Services’ solutions are used by major oil and gas companies worldwide.

10. Acteon Group

The Acteon Group is a provider of products and services for the offshore energy industry.

The company offers marine engineering, construction, fabrication, cable laying, inspection, maintenance, project management, and other specialized services.

It also provides subsea tree systems, riser systems, mooring systems, pipeline components and structures, umbilical cables and connectors, survey services, as well as diving and remotely operated vehicle (ROV) operations.

The Acteon Group has a presence in over 30 countries worldwide and is recognized for its high-quality services.

When Was Halliburton Founded?

Halliburton was founded in 1919 by a man named Erle P. Halliburton in Oklahoma.

From its humble beginnings, the company has grown to become a global industry leader, with operations spanning across continents and a workforce of thousands of employees.

Even today, Halliburton remains a household name, recognized for its contributions to the energy sector and its commitment to innovation and excellence.

So next time you hear the name, Halliburton, remember that it all started nearly a century ago with a visionary entrepreneur and a dream.

Who is the CEO of Halliburton?

The CEO of Halliburton is Jeff Miller, a seasoned executive with over 30 years of experience in the energy industry.

As the leader of one of the largest multinational companies in the world, Miller has his work cut out for him in overseeing the company’s operations across the globe.

Despite the challenges, he remains committed to driving innovation, improving efficiency, and delivering value to Halliburton’s customers and shareholders.

With a strong track record of success and a clear vision for the future, Miller is well-positioned to guide the company through the ever-changing landscape of the oil and gas industry.

What is Halliburton’s Net Worth?

As of September 2023, Halliburton’s net worth is estimated to be around $36.4 billion.

This significant sum is a testament to the company’s long-standing success and its commitment to providing top-notch services to its customers.

With a global presence and a focus on innovation, Halliburton has continued to thrive despite the challenges of the current economic climate.

Its net worth is a reflection of its strong financial performance and is a reassuring sign for both the company and its shareholders.

Where is the Headquarters of Halliburton?

Halliburton’s headquarters is in Houston, Texas.

The company’s impressive headquarters is located in the busy uptown district and boasts a prime location overlooking an attractive lake.

As a global brand, Halliburton’s presence is felt in over 80 countries worldwide, but the heart of the enterprise definitely lies in its Texan base.

Halliburton’s commitment to innovation, sustainability, and safety is evident in its state-of-the-art facilities, and the company’s reputation for excellence continues to grow year on year.

What is the Annual Revenue of Halliburton?

As of June 2023, Halliburton’s total annual revenue stands at an estimated $22.4 billion.

This significant sum is evidence of the company’s continued success despite the ever-changing landscape of the energy sector.

With a commitment to quality and customer satisfaction, Halliburton has remained a leader in the industry for over a century.

As such, its annual revenue continues to climb steadily and is sure to remain strong for many years to come.

Halliburton remains a market leader in the oil and gas industry, and its impressive annual revenue reflects this.

How Many Employees Does Halliburton Have?

As of 2023, Halliburton boasts over 45,000 employees worldwide, making it one of the largest employers in the oil and gas industry.

The company’s employees come from diverse backgrounds, cultures, and areas of expertise, all working together to push the envelope in oilfield innovation.

It’s clear that Halliburton’s employees are a crucial part of the company’s success, and with their continued growth, it’s exciting to think about what they’ll accomplish next.

Final Thoughts

In conclusion, Halliburton is a powerful and expansive corporation with a long history.

Founded in 1919 by Erle P. Halliburton, it is now owned by Chairman and CEO Jeff Miller who is based out of Houston, Texas.

When it comes to their subsidiaries, the parent company owns more than 700 companies including 2000 potential employees and $22 billion dollar in assets.

These figures speak for themselves when it comes to the strong foothold that Halliburton has in the industry today.

While it remains to be seen what events lay down the path for this major oilfield services provider in the future, its importance and influence cannot be denied.

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