RSS Feed
Author Archive
Halliburton Deploys First Frack-Fluid Cleaning Unit in Australia
Posted by Bloomberg: David Wethe on January 25th, 2013
Bloomberg: Halliburton Co. (HAL), the biggest hydraulic-fracturing services provider, deployed its first bacteria-fighting truck in Australia to clean fracking waters and reduce the environmental impact of drilling for natural-gas.
The world’s second-largest oilfield services provider helps companies drill and complete wells using the pressure-pumping technique known as fracking, which blasts water mixed with sand and chemicals underground to free trapped hydrocarbons from shale formations.
Halliburton’s...
Posted in Water Conservation 
Comments Off on Halliburton Deploys First Frack-Fluid Cleaning Unit in AustraliaHalliburton Profit Falls on U.S. Fracking Equipment Glut
Posted by Bloomberg: David Wethe on January 25th, 2013
Bloomberg: Halliburton Co. (HAL), the world’s second- largest oilfield-services provider, reported fourth-quarter earnings that beat analysts’ estimates as customers around the world boosted spending at the end of the year. Shares rose the most in more than a year.
Excluding discontinued operations, the Houston-based company earned 63 cents a share, 2 cents higher than the average of 33 analysts’ estimates compiled by Bloomberg. Sales climbed 3.2 percent to $7.3 billion, which was more than the average of...
Posted in Water Conservation Comments Off on Halliburton Profit Falls on U.S. Fracking Equipment Glut