Erle P. Halliburton


Erle P. Halliburton
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In 1920, Erle P. Halliburton founded the oil services giant that bears his name. The Tennessee native took a job in California with Perkins Oil Well Cementing Company, a pioneer in the field, in 1918. Later, he started his own company, New Method Oil Well Cementing Company, which reorganized as Halliburton Oil Well Cementing Company, and established headquarters in Duncan, Oklahoma. The next year, Halliburton patented a "jet cement" mixer and soon had cementing businesses throughout the southwestern US.

The company incorporated in 1924, and Halliburton became its CEO. He established a Canadian operation two years later, and in 1940 expanded into South America. In 1948, its stock was listed on the New York Stock Exchange. A member of both AIME and SPE, Halliburton died in 1957.