Weatherford News

 

Weatherford adds RokDoc software

Sep 24, 2014

Weatherford International licensed the Ikon Science RokDoc RT software system to support its global rig-based real-time pore pressure specialists team.  The RokDoc RT system provides critical modelling tools that allow the pore pressure specialists…

Weatherford wins Statoil contract

Sep 15, 2014

Statoil awarded Weatherford International a US$400 million contract for the delivery of tubular running services on 19 drilling units in Statoil’s portfolio.  The six-year contract has an option for two consecutive two-year extensions…

Baker Hughes finalizes Weatherford purchase

Sep 03, 2014

Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…

Planning for success

Aug 01, 2014

Optimum completion. Photo from Weatherford. Weatherford’s Yvonne McAnally and Ben Lake show how collaboration and integrated methodology delivered an operator’s first subsea well project in Norway…

SPE Russian Oil & Gas Conference announced

Jul 02, 2014

On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organizers are expecting a total…

John Briscoe named SVP, CFO

Jun 06, 2014

Houston-based Bristow Group Inc., which provides helicopter services to the offshore energy industry, announced today that John Briscoe has been appointed to the position of Senior Vice President and Chief Financial Officer, effective June 9…

ICoTA examines RFID technology

May 15, 2014

The Intervention & Coiled Tubing Association’s European Chapter (ICoTA) will examine the role of wireless communication technology and its benefits in well intervention at its next lunch and learn session on 20 May. The presentation,…

Weatherford well construction

Apr 08, 2014

In episode two of Weatherford's well construction video series, the company highlights and explains how its well-construction offering can improve well integrity and drilling reliability during operations. Take a look at Weatherford…

Baker Hughes buys Weatherford pipeline

Mar 24, 2014

Weatherford International Ltd. and Baker Hughes Incorporated have signed an agreement for the sale of Weatherford’s pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of US$250 million, including…

Ultrasonic in-line inspection enhances deepwater pre-commissioning

Jan 15, 2014

New technology Improving baseline survey accuracy was required to respond to challenges associated with Israel’s Tamar project. The cost of deepwater pipeline repair makes inspection accuracy critical to assessing pipeline integrity.…

Weatherford divesting four business lines

Nov 06, 2013

During Weatherford's earnings conference call on Nov. 4, Chief Administrative Officer Dharmesh Mehta discussed the company's upcoming divestment plans. 'During Q3, we made good progress on our old oil divestiture program. The following…

Achieving total isolation to optimize wellbore cleaning

Sep 01, 2013

The combined application of the ISO-MAX security packer and selective rotation and circulation tool (SRCT) helped a North Sea operator prevent losses during well displacement, thus ensuring well integrity and improving the chances of a successful completion…

Variable Bore Rams strikes Weatherford supply deal

Mar 28, 2013

Variable Bore Rams struck a deal to supply Weatherford’s Asia Pacific subsidiary with blowout preventer rams. Equipment stocking began last month and includes multiple sizes of rams. “We hope that our presence in the Asia Pacific region will…

Expert Access: A Streamlined Approach to Tubulars Management

Mar 13, 2013

This event aired on February 26, 2013 Click to AccessJoin Aaron Sinnott for a Live Presentation and Q&A session on the importance of handling tubular in an efficient and effective way to minimize their impact on offshore personnel and equipment…

A streamlined approach to tubular management

Feb 01, 2013

Weatherford has been mobilizing a bucking unit equipped with torque/turn process control systems to an operator’s onshore Australian support base and providing full pipe preparation. Weatherford’s Aaron Sinnott explains how these services significantly reduced operating costs…

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