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…
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…
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…
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…
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…
Weatherford International has appointed Christoph Bausch as executive vice president and chief financial officer (CFO), effective 13 December 13. Bringing many years of financial and operational management experience, Bausch joined the…
Bernard J. Duroc-Danner, chairman of the board, president and CEO, of Weatherford International has resigned, effective immediately. Robert Rayne, current vice chairman of the board, will serve as chairman of the board. Krishna Shivram take over as interim CEO…
Jerry Lee takes a look at Weatherford’s new subsea wellhead connector, which allows operators to use vessels of opportunity for P&A work, reducing the cost of decommissioning operations. Clients…
Weatherford International’s new model WUDP-10 deep-set safety valve has been certified to V1 standards under the American Petroleum Institute (API) Specification 14A. The valve is designed for deepwater applications and is effective at depths in excess of 12…
Weatherford's CEO is not kidding when he describes the 'brutality of length of this down cycle.' His firm has felt it as much as any. 'We have now gone beyond leveraging cost, efficiency and performance,' the CEO says in his Q1 report. The pace and level of the cuts has been hard to track…
In late February, Weatherford completed a drilling and reaming project near Sakhalin Island, Russia, that resulted in a total of 52 hours in rig time saved. The operator contracted Weatherford to enlarge a 3641ft (1110m) hole section from 8…
Well management and performance improvement firm Exceed has bolstered its decommissioning credentials through a strategic alliance with Weatherford. The collaboration will offer an end-to-end solution for well decommissioning, using an…
Weatherford and Chevron teamed up to develop a LWD service capable of running in high temperature environments, such as the Gulf of Thailand. Jerry Lee reports on how the project came together. Technician examines HEX electronics in Songkhla…
In this video, Weatherford illustrates that upgrading a rig with the right integrated solution can result in a safer, more efficient wellsite. According to the company,pre-installed rig systems are not always well suited for complications that arise during drilling operations…
Weatherford International reported a 46% decrease in its 2015 revenue, along with the announcement of reducing its workforce by 6000 by 1H 2016 in its Q4 and full year 2015 report due to the steep drop in oil prices, which hurt the company’s drilling and exploration activity…
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