Wednesday, December 12, 2018

Weatherford News


ADES Acquires 12 Rigs From Weatherford In Kuwait

Nov 04, 2018

Drilling company Ades International Holding has bought 12 onshore rigs from Weatherford in Kuwait for $ 123 million.The oil & gas drilling and production services provider in the Middle East and North Africa (MENA) said in a press release that the transaction forms part of the previously signed definitive agreement with a subsidiary of Weatherford to acquire thirty-one onshore drilling rigs for a total consideration of $287…

Repsol picks Weatherford for 50-well P&A project

Oct 12, 2017

Weatherford International has been awarded a contract for plug and abandonment (P&A) services by Repsol Norge. The work will start this month and is estimated to be completed over three years. The contract scope encompasses multiple services…

Weatherford, Intel Corp. in IoT pact

Oct 04, 2017

Weatherford International and Intel Corp. will collaborate to bring the Internet of Things (IoT) technologies to the oil field. Colin Tait, director of information technology at Weatherford, stood alongside Jonathan Ballon, vice president…

Weatherford names new COO

Aug 22, 2017

Weatherford International has appointed Karl Blanchard as its new executive vice president and chief operating officer. Blanchard. Image from Weatherford. Blanchard will oversee all region and product line operations…

Going rigless

Jul 01, 2017

Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for rigless plugging and abandonment operations. Rig-Free heavy-duty pulling and jacking unit…

The digital revolution is now

Jun 01, 2017

Elaine Maslin and Audrey Leon look at how digitalization stands to make a big splash in the offshore industry. Embracing a digital vision. Image from DNV GL. Often when digitalization is mentioned…

Weatherford debuts ForeSite

May 09, 2017

Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…

Weatherford's RipTide RFID

May 08, 2017

In this video, Weatherford shows the benefits of the company’s RipTide RFID (radio-frequency identification) drilling reamer that can be enhanced with the ReamSync borehole enlargement performance system—a three-tiered process that combines dull grading analysis…

WFT upgrades RipTide drilling reamer

May 01, 2017

Weatherford International (WFT) has released the RipTide RFID drilling reamer that incorporates advanced cutter technology at the 2017 Offshore Technology Conference.  The RipTide RFID drilling reamer is a proven tool that has been deployed in deepwater fields throughout the world…

Demanding work

May 01, 2017

Jerry Lee reports on the development of Weatherford’s latest advancement in underreamer technology, the RipTide RFID. The premium cutter blocks on the RipTide drilling reamer are designed as a single set to evenly distribute the work…

Rystad: 'Hiring poised to restart'

Apr 06, 2017

According to new research from analysts Rystad Energy, service companies are expected to start recruiting in the offshore industry again later this year, following a massive reduction from 2014-2016. “Among the top 50 service companies…

A clean cut

Apr 01, 2017

Cutting and sealing has been combined into a neat package in Interventek’s Revolution valve design. Elaine Maslin reports. An in riser valve assembly, above, and landing string system, right. Images from Interventek…

OTC 2017: Spotlight on New Technology Award

Mar 15, 2017

The Offshore Technology Conference (OTC) recognizes innovative technologies each year with the Spotlight on New Technology Award. This awards program is exclusively for OTC exhibitors and showcases the latest and most advanced technologies that are leading the industry into the future…

Weatherford taps ex-Halliburton exec for CEO job

Mar 07, 2017

Weatherford International has shaken up its executive team with the appointment of Mark McCollum as president and CEO of the company, effective April 2017. The company's interim CEO Krishna Shivram has resigned from Weatherford, effective immediately…

Providing a boost

Mar 01, 2017

Audrey Leon speaks with Cesar Granados, Mexico country manager at Weatherford, to get the service company’s perspective on Mexico’s newly opened oil and gas industry, and what role Weatherford aims to play in it. A…

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