At the Unconventional Resources Technology Conference (URTeC) in San Antonio, Texas, Weatherford International has released its Revolution rotary-steerable system (RSS). Revolution RSS provides capabilities for diverse directional drilling applications in complex wellbores…
Weatherford International has released their IntegraLine liner system with swage technology at the International Association of Drilling Contractors (IADC) World Drilling 2015 Conference and Exhibition. Weatherford’s IntegraLine liner…
Weatherford International announced that Bill Lane, vice president of emerging technologies for artificial lift, received the Society of Petroleum Engineers (SPE) Gulf Coast Regional Production and Operations award for his outstanding contributions…
FEI and Weatherford Laboratories entered into a joint agreement to offer advanced reservoir characterization services to the oil and gas industry. The two companies will work together to create new workflows that integrate Weatherford’s traditional core analysis an FEI’s digital rock imaging…
Weatherford awarded Aberdeen-headquartered EFC Group multiple multi-million dollar contracts for managed pressure drilling equipment supply to support the Weatherford Secure Drilling services business. The contract wins include the design and supply of direct hydraulic controls…
UK-based distributed acoustic sensing technology firm OptaSense has partnered with Weatherford International to form a strategic alliance to deliver integrated optical sensing solutions designed to optimize well planning, construction and production across the asset lifecycle…
International oilfield services firm Weatherford will cut another 2000 jobs from its workforce, taking the total number of planned job cuts to 10,000. Weatherford’s move follows Schlumberger announcing last week a further 11,000 job cuts…
Weatherford provides a video illustration of managed pressure drilling (MPD) rig integration, and adjustment to the drilling industry’s technology to address operational obstacles of today’s deepwater projects. Weatherford and Petrobras…
With the discovery of deepwater pre-salt reservoirs offshore Brazil, national operator Petrobras began complex drilling operations to uncork the massive hydrocarbon reserves under these salt layers, which acted as seals, preventing the oil and gas from escaping…
US oilfield services giant Weatherford has joined its big three competitors in announcing a headcount reduction amounting to thousands as the industry faces cut backs into 2015. Weatherford says it is targeting a 5000 cut in staff, more than 85% of which will be in the Western Hemisphere…
Weatherford International plc signed a definitive agreement with an affiliate of the Lubrizol Corp. for the sale of the Weatherford’s engineered chemistry and integrity drilling fluids business. The businesses will be sold for US$750 million in cash…
OE spoke with experts from Halliburton, Hess and Weatherford to answer the question: “What have been the top achievements in drilling technology in the last five years?” Hess Corp. List provided by Dr…
Penspen announces the addition of two high-profile new appointments to its executive committee, including chief operating officer and executive vice president, sales and marketing. Top: Brown…
Energy services company Proserv has signed an agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Riverstone Global Energy and Power Fund V, LP, in partnership with Proserv management, will acquire 100% of Proserv shares from Intervale Capital…
Weatherford Secure Drilling services contracted 2H Offshore to manage the design and delivery of the riser equipment for its managed pressure drilling (MPD) system. The system is expected to be delivered by 2015. The project award follows a feasibility study conducted by 2H Offshore…
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