Subsidy Tracker Individual Entry

Company: 
Halliburton Energy Services, Inc.
Parent Company: 
Halliburton
Subsidy Source: 
State
Location: 
Louisiana
City: 
New Iberia
County: 
Iberia
Address: 
3504 W. Admiral Doyle Drive
Zip: 
70560
Project Description: 

This project entails the creation of a number of new jobs to provide services for customer demand in the southern Louisiana region for oilfield and offshore drilling services. It also includes the purchase of additional equipment used to support operations including torque machine, marking machine, bridge crane and security/IT equipment.

Year: 
2020
Major Industry of Parent: 
oilfield services and supplies
Specific Industry of Parent: 
oilfield services
Subsidy Value: 
$199,483
Program Name: 
Enterprise Zone
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
323
Wage Data: 
$41,523,572
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$798,889
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.

Source Notes: 
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