Who Owns Sperry Drilling?
Sperry Drilling is Halliburton's directional drilling product service line, providing rotary steerable systems, logging-while-drilling tools, and precision wellbore placement to oil and gas producers. The line traces to Sperry-Sun Well Surveying, founded in 1929, and joined Halliburton through the 1998 Dresser Industries acquisition.
Sperry Drilling Timeline
Who Owns Sperry Drilling?
- Parent Company: Halliburton Company
- Ownership Type: Subsidiary
- Acquisition Year: 1998
- Company Type: Publicly Traded
- Stock Ticker: NYSE: HAL
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Sperry Drilling | Halliburton Company | Subsidiary |
History of Sperry Drilling
- Founded: 1929
- Founders: Sperry-Sun Well Surveying
- Acquired by Halliburton Company: 1998
The lineage traces to Sperry-Sun Well Surveying Company, founded in 1929 as a joint venture between Sperry Gyroscope and Sun Oil to provide borehole surveying services, adapting gyroscope technology to measure wellbore direction. Well surveying was foundational to directional drilling, the practice of steering wells to precise subsurface targets.
Sperry-Sun developed the industry's early gyroscopic survey instruments and non-magnetic drilling tools through the mid-twentieth century, becoming the standard for directional drilling services as complex well profiles grew.
Dresser Industries acquired Sperry-Sun in 1986, folding it into its oilfield services division. When Halliburton acquired Dresser in 1998, Sperry-Sun became part of Halliburton's drilling portfolio alongside Baroid and Landmark, and the service line was later rebranded as Sperry Drilling.
Under Halliburton, Sperry Drilling has driven directional drilling technology forward with the Geo-Pilot rotary steerable system, iCruise intelligent rotary steerable, and logging-while-drilling tools that provide real-time formation data. Its capabilities are central to the horizontal drilling that powers shale development and extended-reach offshore wells.
About Halliburton Company
Is Halliburton publicly traded?
Yes. Halliburton Company trades on the New York Stock Exchange under the ticker HAL and is an S&P 500 component.
When was Halliburton founded?
Erle P. Halliburton founded the company in 1919 in Duncan, Oklahoma, around his patented well cementing method.
Who owns Halliburton?
Halliburton is a public company with institutional investors holding most shares. It is independently operated and not owned by another company.
What brands does Halliburton own?
Halliburton operates under a masterbrand with service line brands including Baroid (drilling fluids), Sperry Drilling (directional drilling), Landmark (software), Boots & Coots (well control), and Summit ESP (artificial lift).
What is Halliburton's revenue?
Halliburton reported total revenue of $22.18 billion for fiscal year 2025, down 3% from $22.94 billion in 2024, with operating income of $2.26 billion.
- Founded: 1919
- Headquarters: Houston, Texas, USA
- Company Type: Publicly Traded
- Stock: NYSE: HAL
- Revenue: $22.18B (FY2025)
- Employees: ~48,000
Where Is Sperry Drilling Made / Based?
- Headquarters: Houston, Texas, USA
Sperry Drilling Categories & Tags
Brands Owned by Halliburton Company
Energy UtilitiesBaroid
Owned by Halliburton Company
Halliburton's drilling fluids product service line, a century-old brand providing drilling mud systems, additives, and solids control worldwide.
oilfield-servicesdrilling-fluidsmud
Energy UtilitiesBoots & Coots
Owned by Halliburton Company
Halliburton's well control and emergency response product service line, known for blowout control, well intervention, and pressure control services.
oilfield-serviceswell-controlblowout-response
Energy UtilitiesHalliburton
Owned by Halliburton Company
Flagship oilfield services brand of Halliburton Company, founded in 1919 and a global leader in well completion and drilling services.
oilfield-servicesfrackingdrilling
Energy UtilitiesLandmark (Halliburton)
Owned by Halliburton Company
Halliburton's software and digital services product line, providing cloud-based DecisionSpace applications and AI solutions for oil and gas.
oilfield-softwaredigitaldecisionspace
Sperry Drilling Ownership: Pros & Cons
Advantages
- +Nearly a century of directional drilling expertise
- +Geo-Pilot and iCruise rotary steerable technology leadership
- +Integrated with Baroid, Landmark, and completion services
- +Autonomous drilling integration through LOGIX platform
- +Critical capability for complex well profiles in shale and offshore
Considerations
- -Capital-intensive service sensitive to drilling activity downturns
- -SLB's PowerDrive rotary steerable is the direct benchmark competitor
- -High R&D cost to maintain tool differentiation
- -Commoditization pressure on standard directional services
- -Cyclical demand tied to operator drilling budgets
Frequently Asked Questions About Sperry Drilling
Sources & Further Reading
Competitors to Sperry Drilling
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Baker Hughes | USA | 1907 | Market leader | Global | All-ages | |
| Halliburton | USA | 1925 | Market leader | Global | All Genders | |
| Halliburton | USA | 1978 | Market leader | Global | All Genders | |
| Halliburton | USA | 1919 | Market leader | Global | All Genders |
Learn More About Competitors
Energy UtilitiesBaker Hughes
Owned by Baker Hughes Company
Master brand of Baker Hughes Company, the global energy technology company providing oilfield services and industrial energy technology including LNG equipment and turbomachinery.
oilfield-servicesenergy-technologylng
Energy UtilitiesBaroid
Owned by Halliburton Company
Halliburton's drilling fluids product service line, a century-old brand providing drilling mud systems, additives, and solids control worldwide.
oilfield-servicesdrilling-fluidsmud
Energy UtilitiesBoots & Coots
Owned by Halliburton Company
Halliburton's well control and emergency response product service line, known for blowout control, well intervention, and pressure control services.
oilfield-serviceswell-controlblowout-response
Energy UtilitiesHalliburton
Owned by Halliburton Company
Flagship oilfield services brand of Halliburton Company, founded in 1919 and a global leader in well completion and drilling services.
oilfield-servicesfrackingdrilling
Competitive Analysis
Market Positioning: Sperry Drilling competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Independent Alternatives to Sperry Drilling
Looking for brands with different ownership structures? These similar brands are not owned by Halliburton Company, giving you alternative choices that support different corporate structures.
Energy UtilitiesBaker Hughes
Owned by Baker Hughes Company
Master brand of Baker Hughes Company, the global energy technology company providing oilfield services and industrial energy technology including LNG equipment and turbomachinery.
oilfield-servicesenergy-technologylng
Publicly Traded
Baker Hughes operates independently without a large parent corporation.
Energy UtilitiesAdani Power
Owned by Adani Group
India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.
power-generationenergythermal-power
Privately Owned
Adani Power is privately owned, unlike Sperry Drilling which is under a publicly traded parent company.
Energy UtilitiesNRG
Owned by NRG Energy, Inc.
Master retail energy brand of NRG Energy, Inc., covering electricity and natural gas services for residential, commercial, and industrial customers in competitive markets.
retail-energyelectricitynatural-gas
Publicly Traded
NRG operates independently without a large parent corporation.
Energy UtilitiesPBF Energy
Owned by PBF Energy Inc.
Master brand of PBF Energy Inc., the independent petroleum refiner operating six US refineries producing unbranded transportation fuels.
petroleum-refiningfuelsenergy
Publicly Traded
PBF Energy operates independently without a large parent corporation.
Energy UtilitiesAdani Green Energy
Owned by Adani Group
Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.
renewable-energysolarwind
Privately Owned
Adani Green Energy is privately owned, unlike Sperry Drilling which is under a publicly traded parent company.
Energy UtilitiesCenex
Owned by CHS Inc.
American fuel, lubricant, and convenience store brand owned by CHS Inc., the nation's largest farmer-owned cooperative, operating roughly 1,400 locations across 19 states.
fuelgas-stationsconvenience-stores
Privately Owned
Cenex is privately owned, unlike Sperry Drilling which is under a publicly traded parent company.
Halliburton Company Stock Information
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