Halliburton Corporate Office

Halliburton Company has its roots in the 1919 founding of the New Method Oil Well Cementing Company by Erle Halliburton. In 1921 he patented his new method of excluding water from oil wells. Halliburton then invented the cement jet mixer, which eliminated hand-mixing of cement.

By 1922 the company had cemented over 500 oil wells. In 1938 Halliburton cemented its first off-shore well off the coast of Louisiana. In 1940 the company opened offices in Venezuela to introduce bulk handling of cement for the oil industry.

In 1968 Halliburton developed an automated mixing system for drilling mud, to be used off-shore.

The Pentagon, led by then-defense secretary Dick Cheney, paid Halliburton subsidiary Brown & Root Services $8.5 billion to study the use of private military forces with American soldiers in combat zones in 1991 following Operation Desert Storm. In 1995, Cheney became CEO of Halliburton. Cheney resigned from the company during the 2000 U.S. presidential election when he went on to become Vice President of the United States. Halliburton was embroiled in several controversies relating to the company’s ties to Cheney, especially during the 2003 Iraq War.

In 2010 investigations carried out by the National Commission found that poor practices of Halliburton staff had contributed to the Deepwater Horizon explosion. The cement used by Halliburton was an unstable mixture that caused hydrocarbons to leak into the well and caused the explosion that started the crisis.

Today Halliburton is one of the world’s largest oilfield services companies and has operation in more than 80 countries. Halliburton employs more than 100,000 people worldwide through its hundreds of subsidiaries, affiliates, and divisions. Halliburton’s revenue for 2011 was $24.8 billion.

Halliburton Company has its roots in the 1919 founding of the New Method Oil Well Cementing Company by Erle Halliburton. In 1921 he patented his new method of excluding water from oil wells. Halliburton then invented the cement jet mixer, which eliminated hand-mixing of cement.

By 1922 the company had cemented over 500 oil wells. In 1938 Halliburton cemented its first off-shore well off the coast of Louisiana. In 1940 the company opened offices in Venezuela to introduce bulk handling of cement for the oil industry.

In 1968 Halliburton developed an automated mixing system for drilling mud, to be used off-shore.

History

The Pentagon, led by then-defense secretary Dick Cheney, paid Halliburton subsidiary Brown & Root Services $8.5 billion to study the use of private military forces with American soldiers in combat zones in 1991 following Operation Desert Storm. In 1995, Cheney became CEO of Halliburton. Cheney resigned from the company during the 2000 U.S. presidential election when he went on to become Vice President of the United States. Halliburton was embroiled in several controversies relating to the company’s ties to Cheney, especially during the 2003 Iraq War.

In 2010 investigations carried out by the National Commission found that poor practices of Halliburton staff had contributed to the Deepwater Horizon explosion. The cement used by Halliburton was an unstable mixture that caused hydrocarbons to leak into the well and caused the explosion that started the crisis.

Today Halliburton is one of the world’s largest oilfield services companies and has operation in more than 80 countries. Halliburton employs more than 100,000 people worldwide through its hundreds of subsidiaries, affiliates, and divisions. Halliburton’s revenue for 2011 was $24.8 billion.