Halliburton Inks Digital Pact with Pampa Energia in Vaca Muerta

Halliburton Company (NYSE:HAL) signed a multi-year digital transformation agreement with Pampa Energia on June 9 to support the Argentine company's operations in the Vaca Muerta shale formation, Halliburton said.

The deal covers software, data analytics, and digital workflows Halliburton provides to help Pampa Energia scale its drilling and completion activity. Halliburton said the agreement supports Pampa Energia's strategy to scale efficiently and strengthen decision-making across its Vaca Muerta assets.

Vaca Muerta is the center of Argentina's oil production growth. Halliburton has a long-established presence there, providing completions and drilling services. The digital layer is meant to improve well planning and real-time execution, Halliburton said.

Halliburton carries an Alpha Score of 51 out of 100 on AlphaScala, a mixed rating that reflects its turnaround potential amid energy sector volatility. The stock has been discussed in the context of recovery plays in the oilfield services space.

The agreement runs for multiple years, Halliburton said, without disclosing financial terms. Pampa Energia did not immediately comment on the deal's expected impact on well costs or cycle times.

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