Halliburton Company (NYSE:HAL) New Drilling Engineering Solution


Dallas, Texas 03/12/2014 (FINANCIALSTRENDS) – Halliburton Company(NYSE:HAL) launch of the new service – Drilling Engineering Solution (DES) – is expected to be the prime revenue earner for the company.  The solution is expected to reach the high –volume wells as well as complex environments of the well, find easy solutions.  DES DrillingXpert as the solution is called is expected to see performance for the company lead the financial performance as well. This solution will be single platform which will allow the company to build solutions. The landmark for the company is the DecisionSpace engineering software which was developed by the company. The vast range of Engineer’s Data Model Application that the platform can provide, will define the software ‘tool kit’. The purpose of the DecisionSpace is to allow the exchange of technical information between the various clients.

Halliburton Company (NYSE:HAL) which is housed in Houston, Texas is known for the diversified oilfield services it provides. The services and products the company can provide are spectacular and will offer a range of energy industry related development, exploration as well as production of oil as well as natural gas.

The company has been servicing as a national operator as well as an independent oil and natural gas company with global footprint. The company is known to operate in two segment: the first is the Completion and Production segment, while the second is the Drilling and Evaluation Segment. The business of this company is focused in over 80 countries.

The solution the company provides for fluid system, is the Baroid. The use is the performance of additives, completion fluids, specialized testing, solid controls as well as a range of waste management services in the oil and natural gas drilling, completion as well as work over operations.

Halliburton Company (NYSE:HAL) is also known for the wide range of consulting services it provides, including the Project Management vertical for oil and gas projects.