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Halliburton to hire 11,000, mostly for Bakken Shale play
Published: Aug 25, 2011
Houston-based Halliburton plans to hire more than 11,000 employees this year, according to Jim Brown, Western Hemisphere president of the company. Brown revealed the information Aug. 24 to CNBC's Jim Cramer on his TV program.
Brown said that most of the new hires will be sent to the Bakken Shale play in North Dakota and Montana, an oil-prone play, which is turning out to be one of the most important petroleum finds in US history, CNBC reported. Cramer's Aug. 24 show was broadcast from North Dakota.
Halliburton will hire employees for multiple job types, from people with MBAs to engineers to unskilled workers, Brown said.
"If you have a willingness to work and an aptitude to learn with a high school education, within a year and a half to two years, you can become a front-line supervisor. That job will pay $125,000 to $130,000 a year," Brown told Cramer. "What we're doing here, we're replicating across the nation."
In April, Halliburton said it was having its hydraulic fracturing (fracking) crews work around the clock in the Bakken because demand has outpaced supply. One operator told Oil & Gas Financial Journal that there can be a six-month wait to get a fracking crew on site to complete a well.
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