-

YPF Awards Halliburton Multibillion-dollar Long-term Unconventional Completions Contract in Argentina

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) announced today it was awarded a multibillion-dollar contract by YPF to provide bundled unconventional completions services in the Vaca Muerta, one of the world’s most prolific shale resources outside North America. The award, which resulted from a competitive process, establishes a dedicated, exclusive, and multi-year collaboration.

“This award significantly increases our footprint in Argentina and reflects our customers’ confidence in Halliburton to deliver large-scale unconventional fracturing through technology leadership and operational excellence,” said Casey Maxwell, president, Western Hemisphere, Halliburton. “This strategic collaboration with YPF brings the industry's most advanced technology to Argentina.”

Under the contract, Halliburton will utilize its ZEUS® electric fracturing services in its first international deployment. The agreement also includes the OCTIV® Auto Frac service, part of the OCTIV® digital fracturing services operating environment that delivers consistent onsite execution while pumping.

This integrated approach establishes a new benchmark for international unconventional fracturing. It combines electrification, automation, and advanced digital workflows to improve efficiency, consistency, and emissions-intensity reduction efforts. A common digital platform supports collaborative, phased integration of next‑generation intelligent fracturing and advanced subsurface monitoring.

ABOUT HALLIBURTON

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram, and Facebook.

Contacts

For Investors:
David Coleman
investors@halliburton.com
281-871-2688

For Media Relations:
Alexandra Franceschi
pr@halliburton.com
281-871-3602

Industry:

Halliburton

NYSE:HAL

Release Versions

Contacts

For Investors:
David Coleman
investors@halliburton.com
281-871-2688

For Media Relations:
Alexandra Franceschi
pr@halliburton.com
281-871-3602

More News From Halliburton

Halliburton Enters Strategic Collaboration Agreement for PETRONAS Suriname Asset Development

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) has entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV (“PETRONAS Suriname”) and Valaris to support the development of PETRONAS Suriname’s local assets. This effort brings together Halliburton, PETRONAS Suriname, and Valaris early in the development lifecycle to foster close alignment from planning through execution. The collaboration reflects a unified focus on stronger project readiness, imp...

Halliburton Acquires Sekal AS From Sumitomo Corporation to Accelerate Drilling Automation Services

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) and Sumitomo Corporation (TYO: 8053) today announced that Halliburton acquired Sekal AS (“Sekal”). Sekal is a global leader in digital drilling autonomy and, prior to Halliburton’s acquisition, was a fully owned subsidiary of Sumitomo Corporation. The successful conclusion of the transaction marks a significant milestone for Halliburton, Sekal, and Sumitomo Corporation. Sumitomo Corporation supported Sekal’s growth, strengthened governance, and...

ExxonMobil and Halliburton Achieve World’s First Fully Closed-Loop Automated Geological Well Placement in Guyana

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL), in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana. The project combined rig automation, automated subsurface interpretation and well placement, and real-time hydraulics to establish a new benchmark for well construction per...
Back to Newsroom