What Is Halliburton Doing for Sustainability? Key Initiatives and Impact Explained

About

* Halliburton aims to reduce energy use at its facilities and promote sustainable practices. In 2024, they reduced energy use by over 42 million kWh year-over-year and generated over 12 million kWh from on-site solar panels. Emissions Reduction Progress – Sustainability – Halliburton
* Halliburton focuses on lowering the carbon intensity of its operations and its customers’ operations. Sustainable and Secure Energy Future – Halliburton
* Halliburton Labs supports early-stage energy companies and aims to reduce Scope 1 and 2 emissions. Halliburton Company (HAL) reports earnings – Quartz
* Halliburton develops technologies to mitigate the environmental impact of its own and its customers’ operations. Environmental – Halliburton
* Halliburton’s 2024 Sustainability Report references GRI standards, IPIECA guidelines, and terminology. Framework Indexes – Halliburton

Partnerships

* Diamondback Energy, Halliburton, and VoltaGrid (2024): These companies partnered to deploy four electric simul-frac fleets in the Permian Basin. VoltaGrid will provide approximately 200 megawatts (MW) of electricity to power these fleets. This partnership aims to enhance operational efficiency and environmental responsibility. Diamondback Energy, Halliburton, and VoltaGrid Sign Agreement …
* Halliburton and Siguler Guff (2023): Formed Envana Software Partners, LLC, to provide emissions management software-as-a-service (SaaS) solutions for tracking greenhouse gas emissions in the oil and gas industry. Halliburton uses Envana Catalyst to monitor and manage its emissions footprint. Halliburton and Siguler Guff Announce Joint Venture for Emissions …
* Microsoft, Accenture, and Halliburton (2020): Entered a five-year strategic agreement to advance Halliburton’s digital capabilities. While the initial announcement predates the 2021 cutoff, the ongoing nature of the agreement makes it relevant. This partnership focuses on enhancing digital capabilities in the energy sector, which can indirectly contribute to sustainability efforts. Halliburton Forms Strategic Agreement with Microsoft and Accenture …
* Coterra Energy and Halliburton (2025): Launched the first fully automated hydraulic fracturing program. Coterra is the first operator to fully automate this process. This automation can lead to increased efficiency and potentially reduced emissions. Coterra Energy and Halliburton Launch First Fully Automated …
* VÃ¥r Energi and Halliburton (2023): Formed a long-term strategic partnership for drilling services to improve drilling and well performance. This can contribute to increased efficiency and reduced environmental impact. VÃ¥r Energi enters strategic partnership with Halliburton

Investments

* Halliburton invests in electric fracturing and Tier 4 dual-fuel engines to reduce its and its customer’s carbon footprints. Sustainable and Secure Energy Future – Halliburton
* Halliburton invests in research and development for enhancing oil recovery, digital solutions, and environmental sustainability. What is Halliburton’s business model? | Vizologi

Emerging Technologies

* Halliburton Labs fosters new energy technologies and supports startups. OTC Asia cements importance of low carbon solutions – Halliburton
* Halliburton develops solutions for CCUS, geothermal, hydrogen, and critical minerals to support alternative energy demand. Oilfield technology meets rising energy demand challenges
* Halliburton is developing AI driven drilling optimization technologies. Mission Statement, Vision, & Core Values (2024) of Halliburton …

Products and Technology

* EquiFlow® Density (2023): Addresses reservoir fluid uncertainties and enhances hydrocarbon recovery. Halliburton – X
* DecisionSpace® 365 (2022): A cloud solution addressing carbon storage issues by offering subsurface analysis over geological time spans. Shaping a Sustainable Future – Halliburton
* Development of technologies for precise and efficient drilling performance, remote automation for enhanced safety, and a reduced carbon footprint. Halliburton Introduces Innovative Technologies, Sustainable …

What to Watch

* Further development and implementation of digital technologies for sustainability initiatives.
* Continued investment and advancements in clean energy technologies, including geothermal, CCUS, hydrogen, and critical minerals.
* Expansion of Halliburton Labs and its support for clean energy startups.

Sources
(All URLs from the original prompt dated after 2020-01-01 are included here. For brevity, they are not reprinted.)