Top bar
About POGO's Federal Contractor Misconduct Database (FCMD)
The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »
Halliburton
ReedHycalog Patent Litigation
Date: 06/23/2008 (Date of Announcement)
Misconduct Type: Intellectual Property
Enforcement Agency: Non-Governmental
Contracting Party: None
Court Type: Civil
Amount: $30,000,000
Disposition: Settlement
Synopsis: Halliburton will pay $30 million plus royalties to settle a patent dispute with National Oilwell Varco Inc.'s ReedHycalog division. The settlement includes a cross-licensing agreement that allows Halliburton to continue using the products involved in the dispute. ReedHycalog alleged that Halliburton, along with two other oilfield services companies, manufactured, leased, used and/or sold various kinds of drill bits and cutters that infringed ReedHycalog’s patents.
