Halliburton Wins Eight-Well Drilling Contract in Peru's Loreto Region

Halliburton has been awarded an eight-well contract by PetroTal for drilling and cementing services in northeastern Peru, supporting development of a key producing asset.

This article was drafted with AI assistance from multiple sources and was reviewed and approved by a human editor before publication.

Halliburton has secured an eight-well drilling services contract from PetroTal for operations in the Loreto Region of northeastern Peru. The agreement, announced on July 10, 2026, covers the delivery of drilling and cementing services to support PetroTal's development of a key producing asset in the area.

Under the contract, Halliburton will provide technical expertise and equipment for the drilling campaign, which aims to enhance production from PetroTal's existing fields. The Loreto region is a significant area for hydrocarbon extraction in Peru, and this award underscores Halliburton's continued presence in Latin American energy markets.

PetroTal, a company focused on oil and gas exploration and production in Peru, selected Halliburton for its proven track record and technological capabilities. The campaign is expected to contribute to PetroTal's overall production targets and operational efficiency.

Halliburton, one of the world's largest oilfield service providers, has a long history of operations in Peru. This contract adds to its portfolio of projects in the region, reinforcing its commitment to supporting energy development in South America. The financial terms of the deal were not disclosed.

The drilling campaign is part of PetroTal's broader strategy to maximize output from its Peruvian assets. With Halliburton's involvement, the project is poised to benefit from advanced drilling and cementing techniques that can improve well integrity and performance.