Weatherford International Ltd.2000 St. James Place
- Phone: 713-836-4000
- Website: www.weatherford.com/
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Weatherford International has signed a Joint Initiative Agreement (JIA) with IBM to collaborate on the development of new products and services for oil and gas producers that leverage IBM advanced analytics and Internet of Things (IoT) capabilities on the IBM Cloud and further strengthen Weatherford's production optimization technologies.
Weatherford International plc has announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand. The HeatWave Extreme service includes an enhanced logging-while-drilling (LWD) tool string capable of withstanding temperatures of up to 410˚F (210˚C). The high temperature rating enables drillers to log to total depth (TD) in conditions that exceed the current barriers of 347˚F (175˚C) and avoids the need to pull out of the hole, drill blindly or land the well above the planned TD.
Weatherford International plc has announced the official launch of its Production Optimization Consulting (“POC”) group at the Abu Dhabi International Petroleum Exhibition and Conference. Weatherford POC services integrate cyclical optimization solutions to enable proactive well, reservoir and asset management.
Fluctuating oil prices such as the industry has seen in recent months often mean that new wells must produce quickly and perform well over time to ensure good return. Fracturing operations need to be performed efficiently and effectively to be certain the well can produce at its best.
Weatherford International plc has introduced its new FracAdvisor service offering for the oil and gas industry. FracAdvisor provides near real-time guidance to operators for optimized completion designs, reduced operational risks, and increased efficiency of hydraulic fracturing operations.
Weatherford International plc. has 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 to recalibrate the well plan to the actual formation characteristics and boundaries that have been encountered during Pore Pressure while Drilling (PPwD).