W5A2 - Running Head TITLE Halliburton The Future Provided...

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Running Head: TITLE Halliburton: The Future Provided by Water Michael Travis South University Online Ethics in Organizations Professor Steven Wilder April 10, 2017
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FUTURE PROVIDED BY WATER Halliburton: The Future Provided by Water Executive Summary Halliburton is one of the largest oil and gas well service companies in the world. They are often blamed for environmental disasters as their extraction of oil and gas causes severe damage on the planet. They have destroyed the world over several years through the process of fracking. They face stiff competition but can increase business by increasing the building of infrastructures within impoverished nations. This is achievable unless government regulation shuts them down. Their current CSR programs are lacking and reliant on initial investments from their current employees who wake everyday knowing their jobs have been destroying the environment for years. The H2O initiative will allow Halliburton to create a CSR focused on sustaining life by providing the access to clean water in regions where access to clean drinking water is limited or non-existent. This initiative also allows Halliburton to open new business revenues and opportunities within these unstable countries creating increased returns for their shareholders while becoming true global citizens of the planet. The Company Halliburton began operations in 1919 in my hometown of Duncan, Oklahoma. The early years of Halliburton focused heavily on breaking down limestone formations to find easier ways to extract oil more efficiently and expansion across the world. They expanded into off shore drilling in the 1930’s. This feat is incredible considering the lack of technology during this time. They quickly expanded into Canada, South America, and European countries to begin their domination of the world oilfield markets. After their expansion into Europe they then became the first foreign company to complete an oilfield job within the mainland of China. Today Halliburton operates in two different major divisions separated by the hemispheres of the Earth. 2
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FUTURE PROVIDED BY WATER They have separated these businesses into the Eastern and Western hemisphere divisions. The fact they can label their company by sections of the Earth proves the size, scale, and dominance they have been able to achieve during the growth of the company (History of Halliburton, n.d.). Halliburton offers a range of products that are used to complete the process of extracting oil from the Earth. They provide services from geological data, chemicals, cementing processes, and man power to complete these tasks for well owners. They have services to aid well owners that range from the beginning of evaluating a drilling cite to the capping and completion of the oil reservoir (Halliburton Corporate Profile, n.d.). Halliburton also utilizes several different social media websites to help explain their processes, recruit new employees, or explain their goodwill projects across the world. The social media sites they use are YouTube, Facebook,
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