Halliburton Essays

Why Halliburton is merging with Baker Hughes The Halliburton Baker Hughes merger will be the largest merger in the history of the oilfield services industry. The original deal was announced in November 2014 and will end up with Halliburton acquiring Baker Hughes for $34.6 billion in stock and cash. Halliburton’s many reasons to merge with Baker Hughes include increased efficiency, technological advantage and market development and penetration. Who are Halliburton and Baker Hughes? Halliburton and

The email that outed Menendez was written by Mark McCollum, Halliburton’s Chief Accounting Officer. He sent to the entire accounting team and the top executives of Halliburton. It basically stated that “The SEC has opened an inquiry into the allegations of Mr, Menendez” (Eisinger, 2015). Menendez had no idea how they knew that he had talked with the SEC. The problem was the minute that Menendez sent that email to the audit committee, which was supposed to be confidential, they put two and two together

Moreover, the cementing process for drill casing was compromised by both BP and Halliburton when decisions were made to proceed with designing the well with fewer centralizers that were needed for an effective shaft (Crandall, et al., 2013). Lastly, there were questionable results of the pressure testing, which were a result of BP lacking

an Electrical/Electronic bachelor’s degree holder from a rigorous federal University of Benin in the world’s sixth largest oil exporting country-Nigeria. Upon graduation, I obtained employment as a Logging/Measurement-While-Drilling Engineer at Halliburton Energy Services where I continue to work till this day. I seek admission to Texas A&M University in order to improve my knowledge in petroleum engineering and to contribute my quota towards advancing research in this challenging field. My ultimate

1. Introduction In 2010, the Deepwater Horizon oil platform spit nearly five million barrels of oil into the Gulf of Mexico, making it the largest oil spill in history. The 1989 oil spill surpassed Exxon Valdez's oil spill in 1989 as the largest oil spill ever seen in US-controlled waters and the Ixtoc I oil spill of 1979 as the largest oil spill in the Gulf of Mexico. On April 20, 2010, Deepwater Horizon, an ultra-deepwater offshore rig, exploded in the Gulf of Mexico about 41 miles off the coast

As environment pollution levels continue to rise, the issues of water quality have become increasingly important and the United States government has put forth several acts in order to maintain safe water for the nation. The primary federal law regulating water pollution in the United States is the Clean Water Act, which was enacted in 1948 and is intended to maintain the chemical and biological quality of US’s waters through various amendments including pollution control programs, maintenance of

Utilitarianism is a form of consequential theory and has two central branches that I will define and apply to this engineering and environmental disaster. This theory depends only on the consequences of decisions, through consequentialist theories pleasure is seen as the most important outcome. It tests which of the available options would create the most happiness and the least unhappiness. The morally responsible choices are the ones that create the most net pleasure meaning that as long as the

Overview: British Petroleum, the worlds 3rd largest oil company and a leader in deep-water oil drilling caused one of the worst environmental oil disasters in America’s history. April 20,2012 marks the fateful day that a gas leak caused a subsequent explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. The rig was running on the Mocondo well located 50 miles off the Louisiana coast, and was being leased from Transocean, a Swiss company. The disaster caused irreparable damage to the environment

criticized (and little tested)”, and were sold by a company which was a client of Chertoff’s consulting agency (Turley, 3). Another example is Dick Cheney. He was the CEO of Halliburton, a company associated with numerous U.S. war scandals, prior to holding the office of Vice-President. How telling is it that “the company (Halliburton) made $217,199 in campaign contributions in 2004, and in the same year was awarded $8 billion in military contracts” (Newton, 229). According to Turley, hundreds of billions

also a highly potent greenhouse-gas (pg 272). Greenhouse-gas admissions cause concern for the collapse of the ozone layer of the Earth’s atmosphere and beyond, as my generation and previous generation have her ad noisome for years. As far as the Halliburton loophole is concerned, there are many things that are not readily revealed to us and are not mandated to be by law. It would not be wise to rely solely on what is easily exposed to you, as a consumer, conservationist, and a well-read human being

This began to cause controversy when a veteran scientist whistleblower, Weston Wilson, called the study “scientifically unsound” (The Halliburton Loophole). Wilson encouraged the Environmental Protection Agency to conduct a new study which did not involve the opinions of members of the hydrofracking industry so it would hopefully be non-biased (the Halliburton Loophole). While the integration of the hydrofracking industry into the Safe water Drinking Act appeared to be a good thing for regulating

4.7.4 BUSINESSES AND EMPLOYMENT The number business units by proxy and employment regionally are divided into broad industrial units and employment rate. Regional business activity as seen a rise accounting for 176,300 businesses an 8.3% increment comparative to GB 7.1% increment. Yorkshire and The Humber represent high concentration of CCS Development industries with expanding projects however few percentages are accounted for in finance and insurance companies. Considering the distribution and

There is a famous quote in Spanish that says: “Don’t destroy with your feet what you construct with your hands.” And this is what is being done in Pennsylvania right now. The United States is in the midst of a groundbreaking oil and gas drilling rush brought on by a questionable technology called hydraulic fracturing or Fracking. As a result, there have been several reports of poisoned drinking water, mysterious animal deaths, polluted air, industrial disasters and explosions. Fracking is the process

Executive Summary: Deepwater Horizon was one of the largest oil spills known so far causing the death of 11 people and a dramatic ecological Impact. Companies involved are BP as main operator of Macondo project, Transocean; owner of the rig and Halliburton; contractor in charge to cement the well. This paper aim to identify some of faulty decision making that lead BP to be the main responsible for this disaster to happen. 2. Problem Identification and Analysis: In the day of the explosion there

John J Gruber Dr. Synstelien 1108-16 10 October 2015 The BP oil spill: an Engineering disaster On the 20th of April 2010 in the Gulf of Mexico, British Petroleum’s Deepwater Horizon oil rig blew out. Like Chernobyl, Three-Mile Island, and the Challenger explosion, the BP oil spill is amongst the most infamous manmade disasters being the largest marine oil spill in history. The Macondo oil prospect off the coast of Louisiana is predicted to yield 100 million barrels of oil (4.2 billion gallons), which

2014). The United States began using deepwater drilling as an alternative to offshore oil production in response to depleting oil reserves in more shallow waters off the United States’ coastline. Days before the well exploded, BP, Macondo, and Halliburton, the owners and builders of the well, ran tests to ensure that the well was functioning properly and did not have any leaks (Crandall, et al., 2014). The results of their tests proved that there was not a good seal to contain the oil (Crandall

Oil prices falling in Houston Every economic situation in any country makes a huge influence in the world, sometimes in some specific cities. In Chapter 1, 2. 4, 5 of macroeconomics we can see the importance of trading markets, the price controls of the products and the principles of the economy of a country. Economy includes the wealth and variety of products a country has, especially in terms of production and consumption of those goods. An example of this goods is oil. Oil has been really important

It’s amazing to find out that the Las Vegas strip uses three percent of Nevada’s water supply. The land surrounding Las Vegas is dry and is in a desert like state so it must obtain water from elsewhere. The closest water source is the Hoover Dam, which is connected with Lake Mead. The Hoover Dam provides water to three different states. Due to the constant use of water its water supply is depleting faster than it can be restored. The city of Las Vegas wants to stop using the water from the Hoover

Justice Clarence Thomas was nominated to be on the Supreme Court in 1991 and was described by Halliburton as “an honor that was to carry Clarence Thomas to the height of fame and to the brink of disaster” (13). As it pertains to his position on the court and how he functions in various cases he can be described by many words: conservative, originalist, even a textualist. These characteristics have influenced the interpretation of laws and the Constitution since the nineties unto today. The Fourth

regards to their directional drilling tactics, which has been giving the industry as a whole a bad name. Outside of the negative press, the competitive rivalry is intense, with several strong competitors in ahead of BHI such as: Schlumberger and Halliburton. Both of these companies have a broader global presence in the field and are much more of a household name within the drilling