Corporate Office HQ

Oil & Gas

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

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.

 

Murphy Oil Corporate Office

Murphy Oil Corporation was founded in the early 1900’s by Charles H. Murphy as a lumber company. The company owned thousands of acres of timberland along the Arkansas-Louisiana border.

Murphy drilled his first oil well in Louisiana in 1907. However, his oil exploration efforts did not actually begin until the discovery of two large oil fields by his associates in Southern Texas and Arkansas. This is when Murphy realized that his land had more value for oil than timber.

Charles H. Murphy was succeeded by his son, Charles H. Murphy, Jr. in the 1950’s. He reincorporated the company as Murphy Corporation.

Charles H. Murphy, Jr. helped found the Ocean Drilling and Exploration Company (ODECO), which was a pioneer in off-shore drilling.

In the early 1960’s Murphy began to expanding the company’s drilling network. In 1964 he changed the name of the company to Murphy Oil Corporation to reflect its concentration on fossil fuels.

The OPEC oil embargo of 1973 was a boon to Murphy Oil, with profits ballooning from $14.3 million to $60 million.  The company reached $1 billion in sales for the first time in 1977.

Today Murphy Oil has three major subsidiaries: Murphy Oil and Exploration Company, which is engaged in crude oil and natural gas activities worldwide, Murphy Oil Company, Ltd. which is engaged in crude oil and natural gas activities in Canada, and Murphy Oil USA, which markets petroleum products in the United States.

Murphy Oil has 8,600 employees worldwide and had $27.7 billion in revenue in 2011.

Murphy Oil Corporation

Murphy Oil Corporation was founded in the early 1900’s by Charles H. Murphy as a lumber company. The company owned thousands of acres of timberland along the Arkansas-Louisiana border.

Murphy drilled his first oil well in Louisiana in 1907. However, his oil exploration efforts did not actually begin until the discovery of two large oil fields by his associates in Southern Texas and Arkansas. This is when Murphy realized that his land had more value for oil than timber.

Charles H. Murphy was succeeded by his son, Charles H. Murphy, Jr. in the 1950’s. He reincorporated the company as Murphy Corporation.

History

Charles H. Murphy, Jr. helped found the Ocean Drilling and Exploration Company (ODECO), which was a pioneer in off-shore drilling.

In the early 1960’s Murphy began to expanding the company’s drilling network. In 1964 he changed the name of the company to Murphy Oil Corporation to reflect its concentration on fossil fuels.

The OPEC oil embargo of 1973 was a boon to Murphy Oil, with profits ballooning from $14.3 million to $60 million.  The company reached $1 billion in sales for the first time in 1977.

Today Murphy Oil has three major subsidiaries: Murphy Oil and Exploration Company, which is engaged in crude oil and natural gas activities worldwide, Murphy Oil Company, Ltd. which is engaged in crude oil and natural gas activities in Canada, and Murphy Oil USA, which markets petroleum products in the United States.

Murphy Oil has 8,600 employees worldwide and had $27.7 billion in revenue in 2011.

Tesoro Corporation Corporate Office

Tesoro Corporation was founded in 1968 as an petroleum exploration and production company. Tesoro means treasure in Spanish and Italian. It opened its first refinery the next year in Kenai, Alaska.

Tesoro grew through acquisitions, expanding capacity from 72,000 barrels per day to 664,000 barrels per day in 2013.

Some of the notable acquisitions include acquiring a second refinery in Hawaii in 1998, purchasing two refineries (in North Dakota and Utah) in 2001, purchasing Shell’s Los Angeles refinery and 250 gas stations in 2007, purchasing 250 Arco gas stations in 2011, and purchasing another refinery as well as the ARCO brand from BP in 2012.

Today Tesoro has 5,700 employees and $30 billion in revenue. Tesoro has over 2,200 gas stations operating under the brands Tesoro, Shell, ARCO, and USA Gasoline.

 

Tesoro Corporation

Tesoro Corporation was founded in 1968 as an petroleum exploration and production company. Tesoro means treasure in Spanish and Italian. It opened its first refinery the next year in Kenai, Alaska.

Tesoro grew through acquisitions, expanding capacity from 72,000 barrels per day to 664,000 barrels per day in 2013.

Some of the notable acquisitions include acquiring a second refinery in Hawaii in 1998, purchasing two refineries (in North Dakota and Utah) in 2001, purchasing Shell’s Los Angeles refinery and 250 gas stations in 2007, purchasing 250 Arco gas stations in 2011, and purchasing another refinery as well as the ARCO brand from BP in 2012.

History

Today Tesoro has 5,700 employees and $30 billion in revenue. Tesoro has over 2,200 gas stations operating under the brands Tesoro, Shell, ARCO, and USA Gasoline.

 

Plains All American Pipeline Corporate Office

Plains All American Pipeline built their first major asset 1993, Cushing Terminal in Cushing, Oklahoma. This terminal allowed for 2 million barrels of storage and was designed to handle 600,000 barrels per day.

Cushing Terminal was built to receive, store, and distribute crude oil to refining centers, working with a network of pipelines. The facility handles both sweet (less than .42% sulfur) and sour (more than .5% sulfur) oils and allows for the complete segregation of the two.

Plains All American Pipeline has had several major acquisitions in their history, notably pipeline assets from Shell Pipeline Company in 2002 and PAA/Vulcan Natural Gas Storage in 2010.

Today Plains All American Pipeline owns and operates 18,000 miles of crude oil and refined product pipelines, approximately 90 million barrels of crude oil and Natural Gas Liquid (NGL) storage capacity, and truck transportation assets. They handle 3.5 million barrels per day of crude oil. Their revenue for 2012 was $34.275 billion.

Plains All American Pipeline

Plains All American Pipeline built their first major asset 1993, Cushing Terminal in Cushing, Oklahoma. This terminal allowed for 2 million barrels of storage and was designed to handle 600,000 barrels per day.

Cushing Terminal was built to receive, store, and distribute crude oil to refining centers, working with a network of pipelines. The facility handles both sweet (less than .42% sulfur) and sour (more than .5% sulfur) oils and allows for the complete segregation of the two.

Plains All American Pipeline has had several major acquisitions in their history, notably pipeline assets from Shell Pipeline Company in 2002 and PAA/Vulcan Natural Gas Storage in 2010.

History

Today Plains All American Pipeline owns and operates 18,000 miles of crude oil and refined product pipelines, approximately 90 million barrels of crude oil and Natural Gas Liquid (NGL) storage capacity, and truck transportation assets. They handle 3.5 million barrels per day of crude oil. Their revenue for 2012 was $34.275 billion.

Hess Corporate Office

British oil entrepreneur Lord Cowdray founded the Amerada Corporation in 1919 to explore for oil in North America. The fledgling company experiences growth for most of the 1920s but struggled against the hard economic times of the Great Depression. During this period they faced uncertain demand and their first loss in 1930.

In 1941 the company reorganized, taking on the name of their primary subsidiary Amerada Petroleum Company.

After the World War II Amerada grew and had $100 million in sales in 1955.

In 1966 the British government sold a 10% stake in the company that they had acquired during the war to Hess Oil and Chemical, founded by Leon Hess.

Hess and Amerada merged in 1968 in a $2.4 billion deal. This merger combined the production abilities of Amerada with Hess’ refinery and marketing operation. The new company was known as Amerada Hess Corp.

In 2001 Amerada Hess bought the oil exploration company Triton Energy Limited for $3.2 billion. This gave Amerada Hess access to long life international reserves.

Amerada Hess Corp. changed their name to Hess Corp. in 2006.

Today Hess has exploration and production operations in the United States, United Kingdom, Norway, Denmark, Russia, Equatorial Guinea, Algeria, Lisbon, Gabon, Egypt, Ghana, Malaysia, Thailand, Indonesia, Australia, Brazil, Azerbaijan, and St. Lucia. They are active in the financial markets through the Hess Energy Trading Company (HETCO).

Hess is part of the Fortune 500 and had $37.9 billion in revenue in 2011.

 

Hess Corporation

British oil entrepreneur Lord Cowdray founded the Amerada Corporation in 1919 to explore for oil in North America. The fledgling company experiences growth for most of the 1920s but struggled against the hard economic times of the Great Depression. During this period they faced uncertain demand and their first loss in 1930.

In 1941 the company reorganized, taking on the name of their primary subsidiary Amerada Petroleum Company.

After the World War II Amerada grew and had $100 million in sales in 1955.

History

In 1966 the British government sold a 10% stake in the company that they had acquired during the war to Hess Oil and Chemical, founded by Leon Hess.

Hess and Amerada merged in 1968 in a $2.4 billion deal. This merger combined the production abilities of Amerada with Hess’ refinery and marketing operation. The new company was known as Amerada Hess Corp.

In 2001 Amerada Hess bought the oil exploration company Triton Energy Limited for $3.2 billion. This gave Amerada Hess access to long life international reserves.

Amerada Hess Corp. changed their name to Hess Corp. in 2006.

Today Hess has exploration and production operations in the United States, United Kingdom, Norway, Denmark, Russia, Equatorial Guinea, Algeria, Lisbon, Gabon, Egypt, Ghana, Malaysia, Thailand, Indonesia, Australia, Brazil, Azerbaijan, and St. Lucia. They are active in the financial markets through the Hess Energy Trading Company (HETCO).

Hess is part of the Fortune 500 and had $37.9 billion in revenue in 2011.