Halliburton Co
HALQ2 2022(HAL Q1 FY2022)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$290.6M
AI Revenue (Q)
$76.2M
Total Revenue (Q)
$3.8B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Halliburton reports two segments: Completion & Production ($2,353M) and Drilling & Evaluation ($1,931M). Total revenue $4,284M. No AI revenue is disclosed. The D&E segment includes Landmark Software and Services ('cloud based digital services and artificial intelligence solutions') and Sperry Drilling (intelligent drilling systems). Landmark is estimated at ~10% of D&E (~$193M), of which a fraction involves modern AI/ML. Adding a small portion of Sperry's intelligent drilling (iCruise RSS), total AI-powered revenue is estimated at ~$86M. Math: $86M / $4,284M = 2.0%. This is an estimate given no AI-specific disclosures exist.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $4,284M (Q1 2022)
10-Q Q1 2023 comparative period
Drilling and Evaluation segment revenue $1,931M (Q1 2022 derived from segment note)
10-Q Q1 2023 segment note
Our accelerated deployment and integration of digital and automation technologies created technical differentiation in the market
10-K FY2022 Item 1 Highlights
AI Products Identified (Ring 1)
Landmark Software and Services (AI solutions for subsurface insights)Sperry Drilling (intelligent drilling systems)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Zeus electric fracturing (automation, not AI)Baroid drilling fluidsCementing services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix