Halliburton CEO on Search for Pricing Power, Lessons Learned From Permian

The video discusses Halliburton's challenges and opportunities in the oil services industry. It covers market dynamics, technological advancements, and international market insights. Jeff Miller, CEO of Halliburton, shares his views on investor concerns, market strategies, and future trends. The discussion highlights the importance of technology in improving productivity and the competitive nature of international markets.

What were some of the challenges Halliburton faced in recent years?

• Increase in stock prices

• Operational issues in the Permian Basin

• Decrease in oil prices

• Expansion in the Middle East

According to Jeff Miller, what is crucial for the sustainability of the oil industry?

• Increased drilling activities

• Low commodity prices

• High operational costs

• Strong commodity prices

What is Halliburton's strategy for making wells more productive?

• Focusing on new basin discoveries

• Increasing the number of wells drilled

• Reducing service quality

• Improving well bore technologies

What are the two main factors driving demand for Halliburton's services?

• Service quality and technology

• Increased competition and market share

• New basin discoveries and exploration

• Low pricing and high volume

Which region is expected to see an increase in activity first according to the transcript?

• Deepwater regions

• Latin America

• North Sea

• Middle East

What is the most resilient international market for Halliburton?

• North Sea

• Deepwater regions

• Latin America

• Middle East

What is the last part of the supply chain to get legs according to the transcript?

• Unconventionals

• Deepwater

• Shallow water

• Mature fields