Halliburton 2011 Annual Report Download - page 95

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80
Note 2. Business Segment and Geographic Information
We operate under two divisions, which form the basis for the two operating segments we report:
the Completion and Production segment and the Drilling and Evaluation segment.
Completion and Production delivers cementing, stimulation, intervention, pressure control,
specialty chemicals, artificial lift, and completion services. The segment consists of Halliburton Production
Enhancement, Cementing, Completion Tools, Boots & Coots, and Multi-Chem.
Halliburton Production Enhancement services include stimulation services and sand control
services. Stimulation services optimize oil and natural gas reservoir production through a variety of
pressure pumping services, nitrogen services, and chemical processes, commonly known as hydraulic
fracturing and acidizing. Sand control services include fluid and chemical systems and pumping services
for the prevention of formation sand production.
Cementing services involve bonding the well and well casing while isolating fluid zones and
maximizing wellbore stability. Our cementing service line also provides casing equipment.
Completion Tools includes subsurface safety valves and flow control equipment, surface safety
systems, packers and specialty completion equipment, intelligent completion systems, expandable liner
hanger systems, sand control systems, well servicing tools, and reservoir performance services. Reservoir
performance services include testing tools, real-time reservoir analysis, and data acquisition services.
Boots & Coots includes well intervention services, pressure control, equipment rental tools and
services, and pipeline and process services.
Multi-Chem includes oilfield production and completion chemicals and services that address
production, processing, and transportation challenges.
Drilling and Evaluation provides field and reservoir modeling, drilling, evaluation, and precise
wellbore placement solutions that enable customers to model, measure, and optimize their well construction
activities. The segment consists of Halliburton Drill Bits and Services, Wireline & Perforating, Testing and
Subsea, Baroid, Sperry Drilling, Landmark Software and Services, and Halliburton Consulting and Project
Management.
Halliburton Drill Bits and Services provides roller cone rock bits, fixed cutter bits, hole
enlargement, and related downhole tools and services used in drilling oil and natural gas wells. In addition,
coring equipment and services are provided to acquire cores of the formation drilled for evaluation.
Wireline and Perforating services include open-hole wireline services that provide information on
formation evaluation, including resistivity, porosity, density, rock mechanics, and fluid sampling. Also
offered are cased-hole and slickline services, which provide cement bond evaluation, reservoir monitoring,
pipe evaluation, pipe recovery, mechanical services, well intervention, perforating, and borehole seismic
services. Perforating services include tubing-conveyed perforating services and products. Borehole seismic
services include fracture analysis and mapping.
Testing and Subsea services provide acquisition and analysis of dynamic reservoir information
and reservoir optimization solutions to the oil and natural gas industry utilizing downhole test tools, data
acquisition services using telemetry and electronic memory recording, fluid sampling, surface well testing,
subsea safety systems, and reservoir engineering services.
Baroid provides drilling fluid systems, performance additives, completion fluids, solids control,
specialized testing equipment, and waste management services for oil and natural gas drilling, completion,
and workover operations.
Sperry Drilling provides drilling systems and services. These services include directional and
horizontal drilling, measurement-while-drilling, logging-while-drilling, surface data logging, multilateral
systems, underbalanced applications, and rig site information systems. Our drilling systems offer
directional control for precise wellbore placement while providing important measurements about the
characteristics of the drill string and geological formations while drilling wells. Real-time operating
capabilities enable the monitoring of well progress and aid decision-making processes.