Q&A with Andy Lane

Abstract

Andy Lane, SPE, is Halliburton’s Chief Operating Officer, with responsibility for directing the leadership teams at both the Energy Services Group (ESG) and Kellogg Brown & Root (KBR). Previously, Lane was President and Chief Executive Officer of KBR. He also has served in a number of management, director, and vice presidential positions within ESG. In 2003, he was named Vice President of ESG’s regional organization. In 2002, he became President and Chief Executive Officer (CEO) of Landmark Graphics. Before that, he served as Global Vice President for Production Enhancement, ESG’s largest product/service line. Lane started at Halliburton in 1984 as a design engineer, specializing in well-completion products. His career in the oil and gas industry began as a field engineer for Gulf Oil, and he also worked as a production engineer in Gulf Oil’s Pipeline Design and Permits Group. Lane earned a BS degree in mechanical engineering from Southern Methodist U. He is a registered professional mechanical engineer in the state of Texas and is also a member of the Soc. of Exploration Geophysicists. He serves on the executive board of Southern Methodist U.’s School of Engineering. Halliburton restructured operations last December, ending the practice of having separate business unit CEOs and putting both the ESG and KBR divisions under you. What effect has the restructuring had on the company? The six divisions (four in Halliburton Energy Services Inc. and two in Kellogg Brown & Root Inc.) that make up Halliburton’s business segments have never been stronger. Halliburton is a dynamic organization, encompassing a world-leading position in the energy services industry as well as superb strength in the energy and chemicals and the government and infrastructure markets. The company continues to meet and exceed customer expectations, excel in challenging markets and opportunities, and deliver outstanding results for our shareholders. Has there been any change in ESG’s strategy or direction since you began overseeing the group? ESG delivers products and services through four operating divisions: Fluid Systems, Production Optimization, Drilling and Formation Evaluation, and Halliburton Digital and Consulting Solutions. ESG continues to deliver record quarterly performance in terms of revenue and operating income. We are very focused on delivering financial performance. We attribute this strong performance to our customers’ recognition that Halliburton offers superior-quality services. We also remain committed to having a strong customer focus as well as the team’s commitment to health, safety, and the environment while ensuring each and every job is completed according to our motto, “Done Right.” While ESG comprises distinct divisions, we are one company. Our shareholders invest in the strength of Halliburton, and our customers buy our products and services on the basis of the broad range of superior solutions that we offer. With an added emphasis on this “One Halliburton” initiative, we foster a culture of internal alignment and an overall teamwork approach.