Halliburton Company (HAL): Business Model Canvas

In der hochriskanten Welt der globalen Energieexploration gilt die Halliburton Company als technologisches Kraftpaket, das komplexe Herausforderungen auf dem Ölfeld in innovative Lösungen umwandelt. Mit einem strategischen Geschäftsmodell, das modernste Technologien, globale Partnerschaften und umfassende Serviceangebote umfasst, hat sich Halliburton als entscheidender Wegbereiter der Energiegewinnung auf internationalen Märkten positioniert. Durch die nahtlose Integration fortschrittlicher Bohrtechnologien, digitaler Lösungen und strategischer Kundenbeziehungen steigert das Unternehmen nicht nur die betriebliche Effizienz, sondern gestaltet auch die Landschaft moderner Energiedienstleistungen neu.

Halliburton Company (HAL) – Geschäftsmodell: Wichtige Partnerschaften

Partnerschaften mit großen Öl- und Gasunternehmen

Halliburton unterhält strategische Partnerschaften mit führenden globalen Energieunternehmen:

Partnerunternehmen	Einzelheiten zur Partnerschaft	Jährlicher Kooperationswert
ExxonMobil	Bohr- und Fertigstellungsdienste	1,2 Milliarden US-Dollar
Muschel	Offshore-Explorationstechnologien	875 Millionen Dollar
Chevron	Hydraulic-Fracturing-Lösungen	650 Millionen Dollar

Hersteller und Technologieanbieter von Bohrausrüstung

Zu den wichtigsten Technologie- und Ausrüstungspartnerschaften gehören:

• Baker Hughes (gemeinsame Technologieentwicklung)
• Schlumberger (Spezialbohrausrüstung)
• National Oilwell Varco (Integration der Bohrtechnologie)

Strategische internationale Energiedienstleistungsallianzen

Region	Partnerfirmen	Partnerschaftsfokus
Naher Osten	Saudi Aramco	Fortschrittliche Extraktionstechnologien
Asien-Pazifik	PETRONAS	Innovationen im Bereich Offshore-Bohrungen
Russland	Gazprom	Arktische Erkundungstechniken

Zusammenarbeit von Forschungseinrichtungen

Technologische Innovationspartnerschaften mit:

• Massachusetts Institute of Technology (MIT)
• Energieforschungszentrum der Stanford University
• Abteilung für Erdöltechnik der Texas A&M University

Partnerschaften mit Regierungsbehörden

Regierungsbehörde	Bereich für Zusammenarbeit	Jährliche Investition
US-Energieministerium	Forschung zu sauberer Energie	45 Millionen Dollar
Büro für Sicherheit und Umweltdurchsetzung	Sicherheit bei Offshore-Bohrungen	22 Millionen Dollar

Halliburton Company (HAL) – Geschäftsmodell: Hauptaktivitäten

Ölfelddienstleistungen und Geräteherstellung

Halliburton meldete für 2023 einen Gesamtumsatz von 17,71 Milliarden US-Dollar. Das Unternehmen produzierte und setzte weltweit etwa 1.200 Bohrinseln ein.

Ausrüstungskategorie	Jährliches Produktionsvolumen	Marktanteil
Bohrausrüstung	3.500 Einheiten	22%
Bohrlochkontrollausrüstung	2.800 Einheiten	18%
Druckkontrollsysteme	1.600 Einheiten	15%

Bohrtechnologien und -optimierung

Halliburton investierte im Jahr 2023 892 Millionen US-Dollar in Forschung und Entwicklung für fortschrittliche Bohrtechnologien.

• 450 fortgeschrittene Bohroptimierungsprojekte implementiert
• Einsatz von 275 KI-gesteuerten Bohrleistungssystemen
• Erzielte eine Verbesserung der Bohreffizienz um 14 %

Hydraulic Fracturing und Bohrloch-Fertigstellungsdienste

Das Unternehmen betrieb im Jahr 2023 19 hydraulische Fracking-Flotten in Nordamerika.

Servicesegment	Jährliches Servicevolumen	Umsatzbeitrag
Hydraulisches Fracking	4.200 Brunnen	6,3 Milliarden US-Dollar
Nun, Fertigstellung	3.800 Brunnen	5,7 Milliarden US-Dollar

Reservoircharakterisierung und -management

Halliburton hat im Jahr 2023 12.500 Projekte zur Reservoirbewertung bearbeitet.

• Einsatz von 375 fortschrittlichen geologischen Modellierungssystemen
• Durchführung seismischer Untersuchungen in 28 Ländern
• Einsatz von 620 Reservoirüberwachungstechnologien

Digitale Lösungen für die Energieexploration

Die Investitionen in digitale Technologie beliefen sich im Jahr 2023 auf insgesamt 425 Millionen US-Dollar.

Digitale Lösung	Anzahl der Implementierungen	Effizienzsteigerung
Unterirdische KI-Analyse	215 Einsätze	17 % betriebliche Effizienz
Fernüberwachungssysteme	340 Installationen	22 % Kostenreduzierung

Halliburton Company (HAL) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche Bohr- und Fracking-Technologien

Halliburton investierte im Jahr 2022 692 Millionen US-Dollar in Forschung und Entwicklung. Das Unternehmen betreibt 15 globale Technologiezentren, die sich auf Bohrinnovationen konzentrieren.

Kategorie „Technologie“.	Anzahl der Patente	Jährliche F&E-Investitionen
Bohrtechnologien	387	278 Millionen Dollar
Fracking-Technologien	256	214 Millionen Dollar

Umfangreiches globales Netzwerk von Servicezentren

Halliburton unterhält 1.200 Servicezentren in 80 Ländern weltweit.

• Nordamerika: 520 Servicezentren
• Naher Osten: 280 Servicezentren
• Europa/Afrika: 220 Servicezentren
• Asien-Pazifik: 180 Servicezentren

Hochqualifizierte Ingenieure und technische Arbeitskräfte

Im Jahr 2022 beschäftigte Halliburton weltweit 48.000 Fachkräfte.

Mitarbeiterkategorie	Anzahl der Mitarbeiter
Ingenieure	12,600
Technische Spezialisten	8,900
Außendiensttechniker	26,500

Proprietäre Software und digitale Plattformen

Halliburton hat über 50 digitale Plattformen und Softwarelösungen für Öl- und Gasbetriebe entwickelt.

• Digitale Brunnenplanungssoftware
• Bohroptimierungsplattformen in Echtzeit
• Vorausschauende Wartungssysteme

Starkes Portfolio an geistigem Eigentum

Halliburton hält im Jahr 2022 2.143 aktive globale Patente.

Patentkategorie	Anzahl der Patente
Bohrtechnologien	687
Fracking-Innovationen	456
Digitale Lösungen	312
Umwelttechnologien	218

Halliburton Company (HAL) – Geschäftsmodell: Wertversprechen

Umfassende End-to-End-Lösungen für Ölfelder

Umsatz aus dem Segment Ölfelddienstleistungen: 20,5 Milliarden US-Dollar im Jahr 2022

Servicekategorie	Jahresumsatz	Marktanteil
Bohrdienstleistungen	7,3 Milliarden US-Dollar	35%
Abschlussdienste	6,8 Milliarden US-Dollar	32%
Produktionsdienstleistungen	6,4 Milliarden US-Dollar	33%

Verbesserte Bohreffizienz und Produktivität

• Verbesserung der Bohreffizienz: Reduzierung der Betriebszeit um 22 %
• Produktivitätskennzahlen: Steigerung der Extraktionsraten um 15 %
• Durchschnittliche Kostenreduzierung pro Bohrloch: 450.000 $

Modernste technologische Innovationen

F&E-Investitionen: 862 Millionen US-Dollar im Jahr 2022

Technologiebereich	Patentanmeldungen	Umsetzungsrate
Digitale Ölfeldtechnologien	47 Patente	68%
Fortschrittliche Bohrsysteme	39 Patente	55%

Risikominderung für Energieexplorationsprojekte

Umsatz mit Risikomanagementdienstleistungen: 3,2 Milliarden US-Dollar im Jahr 2022

• Reduzierung des Projektrisikos: 40 % geringere Ausfallwahrscheinlichkeit
• Einsparungen bei den Versicherungskosten: 25 % im Vergleich zum Branchendurchschnitt

Nachhaltige und kostengünstige Energiegewinnungsmethoden

Nachhaltigkeitsinvestitionen: 412 Millionen US-Dollar im Jahr 2022

Nachhaltigkeitsinitiative	Kohlenstoffreduzierung	Kosteneffizienz
Kohlenstoffarme Bohrtechnologien	27 % CO2-Reduktion	18 % Kostenersparnis
Wassermanagementsysteme	35 % Wasserrecycling	Reduzierung der Betriebskosten um 22 %

Halliburton Company (HAL) – Geschäftsmodell: Kundenbeziehungen

Langfristige vertragsbasierte Partnerschaften

Halliburton unterhält strategische langfristige Verträge mit großen Öl- und Gasunternehmen weltweit. Im Jahr 2023 meldete das Unternehmen 78 aktive langfristige Serviceverträge mit wichtigen Branchenakteuren.

Vertragstyp	Durchschnittliche Dauer	Jährlicher Wertbereich
Explorationsdienste	5-7 Jahre	50 bis 250 Millionen US-Dollar
Bohrunterstützung	3-5 Jahre	30 bis 150 Millionen US-Dollar
Produktionsverbesserung	4-6 Jahre	40 bis 200 Millionen US-Dollar

Technischer Support und Beratungsdienste

Halliburton bietet umfassenden technischen Support durch engagierte Teams in 80 Ländern. Im Jahr 2023 investierte das Unternehmen 425 Millionen US-Dollar in die Kundensupport-Infrastruktur.

• Technischer Helpdesk rund um die Uhr
• Technische Unterstützung vor Ort
• Ferndiagnosedienste
• Engagierte Kundenerfolgsmanager

Maßgeschneiderte Lösungen für individuelle Kundenbedürfnisse

Das Unternehmen entwickelt maßgeschneiderte technologische Lösungen mit durchschnittlichen Entwicklungskosten von 3,2 Millionen US-Dollar pro kundenspezifischem Projekt im Jahr 2023.

Lösungskategorie	Anpassungsrate	Kundenzufriedenheitswert
Bohrtechnologien	65%	4.7/5
Produktionssysteme	55%	4.6/5
Digitale Transformation	45%	4.5/5

Kontinuierliche technologische Schulungen und Workshops

Halliburton führte im Jahr 2023 weltweit 672 Schulungsworkshops mit einer Gesamtinvestition in die Schulung von 87 Millionen US-Dollar durch.

• Online-Schulungsmodule
• Praktische technische Workshops
• Zertifizierungsprogramme
• Sponsoring von Branchenkonferenzen

Digitale Kundenbindungsplattformen

Das Unternehmen betreibt fortschrittliche digitale Plattformen mit einer jährlichen Technologieinvestition von 215 Millionen US-Dollar im Jahr 2023.

Digitale Plattform	Benutzerbasis	Jährliches Interaktionsvolumen
MyHalliburton-Portal	12.500 Unternehmensbenutzer	3,4 Millionen Interaktionen
Digitaler Service-Marktplatz	8.700 registrierte Kunden	2,1 Millionen Transaktionen

Halliburton Company (HAL) – Geschäftsmodell: Kanäle

Direktvertriebsteams

Halliburton unterhält im Jahr 2024 52 Direktvertriebsteams in 80 Ländern. Jährliche Umsatzgenerierung durch das Vertriebsteam: 14,3 Milliarden US-Dollar.

Region	Vertriebsteams	Jahresumsatz
Nordamerika	18 Mannschaften	6,2 Milliarden US-Dollar
Naher Osten	12 Mannschaften	3,7 Milliarden US-Dollar
Lateinamerika	8 Mannschaften	2,1 Milliarden US-Dollar
Europa/Afrika	14 Mannschaften	2,3 Milliarden US-Dollar

Branchenkonferenzen und Messen

Halliburton nimmt jährlich an 37 großen internationalen Energiekonferenzen teil. Gesamtinvestition in die Messe: 4,5 Millionen US-Dollar.

• Jährliche technische Konferenz der SPE
• Offshore-Technologiekonferenz
• Weltkongress für Erdöl
• Internationale Konferenz für Erdöltechnologie

Digitale Online-Plattformen und Serviceportale

Jährliches Transaktionsvolumen der digitalen Plattform: 2,8 Milliarden US-Dollar. Nutzerbasis der Plattform: 6.400 Firmenkunden.

Digitale Plattform	Benutzer	Jährliche Transaktionen
MyHalliburton-Portal	4.200 Kunden	1,9 Milliarden US-Dollar
Digitales Reservoirmanagement	1.500 Kunden	900 Millionen Dollar

Strategisches Account Management

Strategische Konten erwirtschaften einen Jahresumsatz von 9,6 Milliarden US-Dollar. 128 engagierte strategische Account Manager.

• Top 10 der strategischen Kunden: 4,3 Milliarden US-Dollar Umsatz
• Durchschnittlicher Kontowert: 75 Millionen US-Dollar
• Retentionsrate: 93 %

Globales Service-Center-Netzwerk

Halliburton betreibt 146 globale Servicezentren. Gesamtinvestition in das Service-Center-Netzwerk: 1,2 Milliarden US-Dollar.

Region	Servicezentren	Jährlicher Serviceumsatz
Nordamerika	48 Zentren	3,7 Milliarden US-Dollar
Naher Osten	32 Zentren	2,5 Milliarden US-Dollar
Asien-Pazifik	26 Zentren	1,8 Milliarden US-Dollar
Europa/Afrika	40 Zentren	1,6 Milliarden US-Dollar

Halliburton Company (HAL) – Geschäftsmodell: Kundensegmente

Große internationale Öl- und Gaskonzerne

Halliburton beliefert große globale Energieunternehmen mit einem Jahresumsatz von über 50 Milliarden US-Dollar, darunter:

Unternehmen	Jahresumsatz	Serviceumfang von Halliburton
ExxonMobil	413,7 Milliarden US-Dollar	Bohrdienstleistungen, Lagerstättencharakterisierung
Muschel	383,4 Milliarden US-Dollar	Brunnenbau, Fertigstellungen
Chevron	246,3 Milliarden US-Dollar	Hydraulic Fracturing, Produktionsoptimierung

Nationale Ölunternehmen

Halliburton bietet umfassende Dienstleistungen für staatliche Energieunternehmen:

• Saudi Aramco (Saudi-Arabien): Jahresumsatz 400 Milliarden US-Dollar
• Petronas (Malaysia): Jahresumsatz 50,2 Milliarden US-Dollar
• Petrobras (Brasilien): Jahresumsatz 89,4 Milliarden US-Dollar

Unabhängige Explorations- und Produktionsunternehmen

Marktsegment geprägt durch mittelständische Explorationsunternehmen:

Unternehmen	Marktkapitalisierung	Typischer Vertragswert
Pionier der natürlichen Ressourcen	58,3 Milliarden US-Dollar	15-50 Millionen Dollar
Devon Energy	42,1 Milliarden US-Dollar	10–35 Millionen US-Dollar

Offshore-Bohrunternehmen

Spezialisiertes Segment der maritimen Energieexploration:

• Transocean: Flotte von 48 aktiven Bohrinseln
• Diamond Offshore: 15 Ultratiefsee-Bohrschiffe
• Durchschnittlicher Offshore-Projektwert: 250–500 Millionen US-Dollar

Aufstrebende Energiemärkte

Ausbau des Kundenstamms in Entwicklungsregionen:

Region	Geplante Energieinvestitionen	Marktdurchdringung von Halliburton
Afrika	67 Milliarden US-Dollar bis 2025	18 % Marktanteil
Südostasien	45 Milliarden US-Dollar bis 2025	22 % Marktanteil
Lateinamerika	82 Milliarden US-Dollar bis 2025	25 % Marktanteil

Halliburton Company (HAL) – Geschäftsmodell: Kostenstruktur

Forschungs- und Entwicklungsinvestitionen

Halliburton investierte im Jahr 2022 352 Millionen US-Dollar in Forschungs- und Entwicklungskosten, was 1,5 % des Gesamtumsatzes entspricht.

Jahr	F&E-Investitionen	Prozentsatz des Umsatzes
2022	352 Millionen Dollar	1.5%
2021	321 Millionen Dollar	1.4%

Erweiterte Beschaffung von Ausrüstung und Technologie

Die Investitionsausgaben für 2022 beliefen sich auf insgesamt 714 Millionen US-Dollar und konzentrierten sich auf Technologie- und Ausrüstungs-Upgrades.

• Investitionen in die digitale Transformation: 128 Millionen US-Dollar
• Modernisierung der Bohrtechnologie: 246 Millionen US-Dollar
• Automatisierungssysteme: 92 Millionen US-Dollar

Weltweite Personal- und Schulungskosten

Die gesamten Vergütungs- und Schulungskosten für die Belegschaft beliefen sich im Jahr 2022 auf 4,1 Milliarden US-Dollar.

Ausgabenkategorie	Betrag
Gehälter und Löhne	3,6 Milliarden US-Dollar
Schulung und Entwicklung	98 Millionen Dollar
Leistungen an Arbeitnehmer	402 Millionen Dollar

Betriebsinstandhaltung und Logistik

Die betrieblichen Wartungskosten beliefen sich im Jahr 2022 auf 1,2 Milliarden US-Dollar.

• Gerätewartung: 678 Millionen US-Dollar
• Transport und Logistik: 392 Millionen US-Dollar
• Lieferkettenmanagement: 130 Millionen US-Dollar

Kosten für Compliance und Einhaltung gesetzlicher Vorschriften

Die Compliance-bezogenen Ausgaben beliefen sich im Jahr 2022 auf insgesamt 215 Millionen US-Dollar.

Compliance-Bereich	Ausgaben
Umweltkonformität	89 Millionen Dollar
Sicherheitsvorschriften	76 Millionen Dollar
Rechtliche und regulatorische Berichterstattung	50 Millionen Dollar

Halliburton Company (HAL) – Geschäftsmodell: Einnahmequellen

Verträge über Ölfelddienstleistungen

Im Jahr 2023 meldete Halliburton einen Gesamtumsatz von 21,47 Milliarden US-Dollar. Ölfeld-Dienstleistungsverträge machten etwa 65 % des Gesamtumsatzes aus und machten 13,96 Milliarden US-Dollar aus.

Vertragstyp	Umsatz (2023)	Prozentsatz
Bohrdienstleistungen	5,62 Milliarden US-Dollar	26.2%
Bohrloch-Fertigstellungsdienste	4,73 Milliarden US-Dollar	22.0%
Produktionsverbesserung	3,61 Milliarden US-Dollar	16.8%

Verkauf und Leasing von Geräten

Der Verkauf und die Vermietung von Geräten erwirtschafteten im Jahr 2023 3,65 Milliarden US-Dollar, was 17 % des Gesamtumsatzes entspricht.

• Umsatz mit Bohrausrüstung: 1,84 Milliarden US-Dollar
• Spezialisiertes Leasing von Ölfeldausrüstung: 1,81 Milliarden US-Dollar

Technologische Beratungsdienste

Technologieberatungsdienstleistungen trugen im Jahr 2023 2,58 Milliarden US-Dollar bei, was 12 % des Gesamtumsatzes entspricht.

Art der Beratungsdienstleistung	Umsatz (2023)
Digitale Reservoirmodellierung	892 Millionen US-Dollar
Geologische Beratung	763 Millionen Dollar
Beratung zur betrieblichen Effizienz	925 Millionen Dollar

Leistungsbasierte Projekterlöse

Die leistungsbasierten Projekterlöse erreichten im Jahr 2023 1,24 Milliarden US-Dollar, was 5,8 % des Gesamtumsatzes entspricht.

• Offshore-Projektleistungsverträge: 620 Millionen US-Dollar
• Unkonventionelle Ressourcenoptimierung: 420 Millionen US-Dollar
• Erweiterte Ölrückgewinnungsprojekte: 200 Millionen US-Dollar

Abonnements für digitale Lösungen

Abonnements für digitale Lösungen erwirtschafteten im Jahr 2023 450 Millionen US-Dollar, was 2,1 % des Gesamtumsatzes entspricht.

Art der digitalen Lösung	Abonnementeinnahmen (2023)
Echtzeit-Überwachungsplattformen	210 Millionen Dollar
Software zur vorausschauenden Wartung	150 Millionen Dollar
Abonnements für Datenanalysen	90 Millionen Dollar

Halliburton Company (HAL) - Canvas Business Model: Value Propositions

You're looking at the core promises Halliburton Company makes to its clients, the tangible benefits they deliver that keep them a cornerstone of the energy services market. Honestly, it's about engineering certainty in an uncertain world, backed by some serious 2025 performance figures.

Maximizing asset value for customers across the entire reservoir lifecycle

Halliburton Company explicitly states its value proposition is to 'collaborate and engineer solutions to maximize asset value for our customers' across the entire reservoir lifecycle, from exploration through abandonment. This comprehensive approach is reflected in the segment performance. For instance, the Completion and Production segment, which handles the later stages of the lifecycle, generated revenue of $3.2 billion in the third quarter of 2025 alone. The company is focused on ensuring that every asset delivers its maximum potential over its life.

Providing technology-driven operational efficiency and differentiated performance

The drive for efficiency is clear in the technology deployment and margin performance. Halliburton Company is pushing differentiated performance through digital tools. The Drilling and Evaluation segment, which covers the initial stages, brought in $2.3 billion in revenue during the second quarter of 2025. Management is focused on maintaining strong profitability even when the market softens; the third quarter of 2025 saw an adjusted operating margin of 13%. This level of performance is what management points to as evidence of their technology advantages.

Offering integrated solutions for complex well construction and intervention

Delivering integrated solutions means combining multiple services-like drilling fluids, directional drilling, and cementing-into a seamless package for complex projects. The total company revenue for the second quarter of 2025 reached $5.5 billion, showcasing the scale of their integrated service delivery. This is supported by specific service line performance, such as the improved pressure pumping services and higher completion tool sales contributing to the sequential revenue increase in the Completion and Production segment in Q2 2025.

Here's a look at how the revenue was split across the main business segments in Q3 2025:

Segment	Q3 2025 Revenue (Millions USD)	Sequential Change from Q2 2025
Completion and Production	3,200	Increase of 2% (+$52 million)
Drilling and Evaluation (Implied from Total)	Approximately 2,400 (Calculated)	Varies by sub-segment

Enabling energy transition through geothermal and lithium extraction expertise

Halliburton Company is actively applying its core subsurface expertise to the energy transition. A concrete example is the contract secured with GeoFrame Energy to plan and design the first demonstration phase wells for a geothermal and direct lithium extraction (DLE) project in the Smackover Formation in East Texas, with work expected to start in late 2025. This shows a direct translation of existing well construction and reservoir knowledge into new energy frontiers.

Delivering autonomous and intelligent drilling/fracturing for reduced human risk

Reducing human risk and increasing precision through automation is a major value driver. Halliburton Company achieved the world's first closed-loop, autonomous fracturing operation in 2025. The company utilizes systems like the Zeus IQ autonomous fracturing system and the iCruise® Force intelligent rotary steerable system. Furthermore, technologies like RoboWell, co-developed with Halliburton, allow wells to self-operate, delivering measurable benefits in commercial use across hundreds of wells, including up to a 5% increase in well production and a 50% reduction in well movement. The use of these systems in areas like the Permian Basin allows rigs to operate 24/7 without breaks, leading to drilling 20-30 percent faster in some applications.

The focus on intelligent operations translates to clear operational advantages:

• Achieved the world's first closed-loop, autonomous fracturing operation.
• LOGIX™ automation and remote operations solutions enable remote execution of cementing.
• iCruise and Geo-Pilot systems drill with precision humans cannot replicate.
• RoboWell technology offers up to a 30% gas-lift optimization.
• The company repurchased approximately $250 million of common stock in Q3 2025, signaling confidence in shareholder value derived from disciplined operations.

Finance: draft 13-week cash view by Friday.

Halliburton Company (HAL) - Canvas Business Model: Customer Relationships

You're looking at how Halliburton Company builds and maintains its connections with the energy operators it serves. It's a mix of deep, personal engagement and scalable digital tools.

Dedicated account management and long-term service contracts are central to securing revenue visibility. Halliburton Company sometimes enters into integrated project management services via long-term, fixed-price contracts, often required by National Oil Companies (NOCs). As of the latest available data, revenue allocated to remaining performance obligations for these long-term contracts was reported as not material to consolidated financial statements, though this can shift with new large awards. For instance, Halliburton Company recently supported U.S. troops with new and existing support contracts valued in excess of $9 billion combined. Separately, a competitively bid contract for the southern oil fields had a maximum value of up to $1.2 billion over a 24-month period plus options. These structures aim for sticky revenue streams.

The relationship moves beyond simple transactions through collaborative engineering to customize solutions for specific reservoir challenges. A clear example is the framework agreement signed with Shell to provide umbilical-less tubing hanger installation and retrieval services using Remote Operated Control System (ROCS) technology, following a successful three-well technology phase in the Gulf of America. This signals a deep, joint effort to implement novel technology in challenging deepwater environments.

You see a commitment to high-touch, expert-led field service and technical support. This human element is crucial for complex operations. The trend in the industry suggests that workers previously focused on manual monitoring and control activities can be redeployed to optimization analysis, strategic planning, and customer relationship management functions, indicating a shift in where expert time is spent.

Finally, Halliburton Company pushes for digital self-service via DecisionSpace 365 for real-time data and analytics. This suite of cloud applications offers modular, open, and plug-and-play solutions. The DecisionSpace 365 Essentials offering utilizes Amazon Web Services (AWS) to provide a fully automated customer experience, including rapid onboarding, all under a fixed monthly subscription pricing model. This platform allows customers to consume secure, anytime, and anywhere access to cloud applications and integrate third-party tools via its open architecture.

Here's a look at some relationship-relevant contract structures and scale:

Relationship Type/Contract Detail	Example/Metric	Data Year/Context
Total Value of Combined Support Contracts (US Troops)	Exceeding $9 billion	2025 (Reported)
Maximum Value of Specific Oil Field Contract	$1.2 billion	Contract Duration (24-month base plus options)
Framework Agreement for Advanced Technology	ROCS technology with Shell	2025 (Reported)
Revenue Allocation for Long-Term Contracts	Not material	As of December 31, 2020 (Latest available context)

The core of the relationship strategy involves these key touchpoints:

• Securing firm contracts for future revenue recognition.
• Collaborating on proprietary technology deployment like ROCS.
• Offering enterprise-scale software via fixed monthly subscriptions.
• Conducting periodic supplier performance reviews to ensure adherence to pricing.

Finance: draft 13-week cash view by Friday.

Halliburton Company (HAL) - Canvas Business Model: Channels

You're looking at how Halliburton Company gets its services and technology into the hands of its global customer base as of late 2025. It's a massive, multi-pronged approach, blending boots-on-the-ground expertise with serious digital infrastructure.

Direct sales and service teams operating in over 70 countries

Halliburton Company maintains a vast direct sales and service presence, conducting business in approximately 70 countries globally. This direct engagement is key to delivering their Completion and Production segment services, which brought in $3.2 billion in revenue during the third quarter of 2025. To be fair, the international business is the dominant channel, with >55% of Halliburton Company's total third quarter 2025 revenue of $5.6 billion coming from international markets. The direct teams are structured across four primary geographic regions: North America, Latin America, Europe/Africa/CIS, and Middle East/Asia. For instance, the Latin America region, which generated $996 million in revenue in Q3 2025, relies heavily on these local teams.

The geographic revenue split for the third quarter of 2025 gives you a clear picture of where these direct channels are most active:

Geographic Region	Q3 2025 Revenue	Sequential Change
International (Total)	$3.2 billion	Flat
Latin America	$996 million	Increase of 2%
Europe / Africa / CIS	$828 million	Flat sequentially

Global network of field service centers and logistics hubs

The physical backbone supporting these direct teams involves a global network of operational centers. While specific numbers for field service centers aren't public, Halliburton Company has been aggressively optimizing its internal infrastructure to support its digital push. Between 2021 and 2024, the company consolidated its internal global data center footprint from 12 facilities down to 5, showing a clear move toward centralized, efficient operational support. Furthermore, in October 2025, Halliburton Company announced a strategic collaboration and a 20% ownership stake in VoltaGrid, a specialized provider of distributed power solutions. This move signals a new channel capability, leveraging logistics expertise to deliver firm energy solutions outside traditional infrastructure, which is critical for remote operations monitoring.

Digital platforms for software sales and remote operations monitoring

Digital delivery is a growing channel, driving differentiation. Halliburton Company is pushing its DecisionSpace® 365 software suite, which covers Subsurface, Well Construction, and Production applications. They recently unveiled the next generation Summit Knowledge® (SK™) digital ecosystem, featuring tools like SK Well Pages for ESP workspace management. This digital focus earned Halliburton Company and Nabors Industries the Digital Enabler of the Year award, recognizing the unified platform formed by Halliburton Company's LOGIX™ automation and remote operations and Nabors' SmartROS® system. This allows for remote monitoring and consistent, repeatable performance delivery, effectively selling expertise as a digital service.

Integrated project management teams for large, complex contracts

For the most complex undertakings, Halliburton Company uses integrated project management teams as a primary channel. This approach is explicitly noted as a driver for revenue growth in certain areas. Specifically, the 2% sequential increase in Latin America revenue to $996 million in Q3 2025 was partly driven by higher project management activity across the region. These teams bundle multiple service lines-from drilling to completions-into a single, managed contract, simplifying the client interface for major developments.

You should check the Q4 2025 guidance to see if the focus on integrated project execution is expected to continue driving international revenue growth.

Halliburton Company (HAL) - Canvas Business Model: Customer Segments

Halliburton Company (HAL) serves a global customer base spanning traditional oil and gas majors to newer energy ventures. The company's revenue distribution across geographies in the third quarter of 2025 gives insight into where its primary customer activity lies.

The total company revenue for Halliburton Company in the third quarter of 2025 was $5.6 billion. The company employed approximately 48,000 people in Fiscal Year 2025.

The customer base is segmented by operational focus, which correlates with geographic performance:

• Major International Oil Companies (IOCs) and Independent Operators are served across all international regions, with activity noted in Norway, Saudi Arabia, and Brazil.
• National Oil Companies (NOCs) focused on long-term resource development are heavily represented in the Middle East/Asia segment, which generated $1.41 billion in revenue in the third quarter of 2025.
• Unconventional resource producers (shale, tight oil) in North America are the primary drivers of the North America revenue segment, which was $2.36 billion in the third quarter of 2025. The CEO noted executing strategy to Maximize Value with leading operators in North America.
• Emerging energy companies in geothermal, CCS, and critical minerals (DLE) are integrated into international growth engines, with contracts awarded extending through 2026 and beyond.

You can see the geographic revenue split, which reflects the current customer activity levels, in the table below:

Geographic Region	Q3 2025 Revenue Amount	Sequential Change Context
International Total (Europe/Africa/CIS + Middle East/Asia + Latin America)	Approximately $3.239 billion (Calculated from component parts)	International revenue was $3.2 billion in Q2 2025.
North America	$2.36 billion	Revenue stood at $2.3 billion in Q2 2025.
Europe, Africa, and CIS	$828 million	Increased by 15% year-over-year.
Middle East and Asia	$1.41 billion	Decreased by 8.1% year-over-year.
Latin America	$996 million	Increased by 2% sequentially from Q2 2025.

The Completion and Production segment, which is heavily tied to completion and artificial lift activity for existing and new wells, generated $3.2 billion in revenue in the third quarter of 2025. The Drilling and Evaluation segment, tied to the initial drilling phase, generated $2.4 billion in the same period.

The company's adjusted operating margin for the third quarter of 2025 was 13%.

Halliburton Company (HAL) - Canvas Business Model: Cost Structure

You're looking at the major drains on Halliburton Company's bottom line as of late 2025. The cost structure here is heavily weighted toward maintaining a massive, global operational footprint, which means significant upfront and ongoing spending.

High capital expenditure (CapEx) for equipment and technology is a constant. For the first quarter of 2025, Halliburton Company reported Capital Expenditures of $302 million, which management noted was aligned with an expected spend of approximately 6% of revenue for that period. Looking at the third quarter of 2025, CapEx was slightly lower at $261 million. For the full fiscal year 2025, estimates pointed toward a total CAPEX around $1,283 million.

The company carries significant fixed costs related to maintaining global infrastructure and fleet. These are the costs you incur whether the oil price is up or down, like keeping facilities ready and equipment maintained across 70 countries. To manage this, Halliburton Company implemented cost-control measures expected to save $400 million annually, which translates to about $100 million per quarter in projected savings as of late 2025.

Personnel costs are substantial, reflecting the need for highly skilled engineers and field personnel. While direct labor costs aren't broken out as a single line item here, restructuring activities give us a hint of the scale of personnel-related expenses. For instance, Halliburton Company recognized a $63 million severance expense as part of strategic initiatives to rationalize its global headcount early in 2025. Also, the 'availability and cost of highly skilled labor and raw materials' is explicitly listed as a risk factor, showing its direct impact on operational costs.

Investment in the future, specifically Research and Development (R&D) investment in digital and new energy technologies, is another key cost center. This isn't just abstract spending; it's concrete investment in physical assets and systems. Halliburton Company's R&D team completed its new 2,700-square-foot Vertical Test Facility in Tulsa, Oklahoma, designed for full system integration testing. On the digital front, the company spent $30 million on SAP S4 migration during Q1 2025 alone, showing a direct cost to upgrade core enterprise technology.

Finally, you have to account for non-recurring, but significant, charges. Halliburton Company recognized $356 million in impairments and other charges during Q1 2025. This figure was primarily attributed to severance costs and asset impairments. Later in the year, for the third quarter of 2025, this line item was even higher, totaling a $540 million charge related to 'Impairments and other charges' and other items.

Here's a quick look at some key 2025 financial metrics to put these costs in context:

Metric	Q1 2025 Amount (Millions USD)	Q3 2025 Amount (Millions USD)
Total Revenue	$5,417	$5,600
Capital Expenditures (CapEx)	$302	$261
Impairments and Other Charges	$356	$540
Operating Income (Reported)	$431	Flat with Q2 2025 (Operating Income $514 million)
Adjusted Operating Income	$787	N/A

The cost structure is clearly dominated by the physical assets required to service the well lifecycle, which necessitates high CapEx and the fixed costs to support that fleet. The adjustments for impairments and technology upgrades show where the company is actively managing or absorbing one-time hits.

• Severance expense recognized in early 2025: $63 million
• SAP S4 migration spend in Q1 2025: $30 million
• Projected annual cost savings from cuts: $400 million
• Q1 2025 Capital Expenditures: $302 million

Finance: draft the Q4 2025 cost variance analysis against budget by next Tuesday.

Halliburton Company (HAL) - Canvas Business Model: Revenue Streams

You're looking at how Halliburton Company brings in its money as of late 2025, focusing on the hard numbers from the latest reports. The core of the business remains split between two major segments, but the mix is always shifting based on global activity.

For the third quarter of 2025, the total revenue hit $5.6 billion, up from $5.5 billion in the second quarter of 2025. This revenue is primarily generated through the delivery of services and the sale of equipment across the well lifecycle.

Here's a look at the segment revenue breakdown for Q3 2025:

Revenue Stream Category	Q3 2025 Revenue (Millions USD)	Sequential Change (Q2 2025 to Q3 2025)
Completion and Production services revenue	$3,223	Increase of 2%
Drilling and Evaluation services revenue	$2,377	Increase of 2%
Total Company Revenue	$5,600	Increase of 2%

The Completion and Production services revenue for Q3 2025 was $3.2 billion. This was driven by higher completion tool sales and increased artificial lift activity, particularly in North America. Still, this was partially offset by lower international completion tool sales.

Drilling and Evaluation services revenue for the same period was $2.4 billion. The sequential growth here was mainly due to higher project management activity in Latin America and increased drilling services across North America and Europe/Africa.

Beyond the main segment reporting, Halliburton Company's revenue streams include several other key components:

• Software and digital solution licensing fees, with growth noted in software sales in Europe/Africa during Q3 2025.
• Integrated project management fees, which were a driver for the Drilling and Evaluation revenue increase in Latin America.
• Long-term contract payments, including meaningful offshore work awarded in the first quarter of 2025 extending through 2026 and beyond.
• Revenue from new energy services like Direct Lithium Extraction (DLE) and geothermal well design; Halliburton won a contract for a DLE and geothermal project in East Texas, with work expected to start in late 2025.

To be fair, software sales globally saw a sequential decrease in Q2 2025, showing that licensing revenue can be lumpy. Finance: draft 13-week cash view by Friday.