Weatherford International recently announced the commercial release of a new Rotaflex long-stroke pumping unit that improves artificial-lift efficiency in challenging applications including deep, high-volume and high gas-to-liquids wells.
Weatherford International Ltd.
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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 that its new model WUDP-10 deep-set safety valve has been certified to V1 standards under the American Petroleum Institute (API) Specification 14A.
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.
Circulation Sub Maximizes the Efficiency of Deepwater Operations by Providing Higher Flow Rates, Better Hole Cleaning, and Superior Operational Flexibility
Weatherford International plc has announced the commercial release of JetStream Radio Frequency Identification (RFID) circulation sub at the Annual Technical Conference and Exhibition.
Weatherford International plc has announced the acquisition of the assets of Elite Energy Products, a North American oil and gas manufacturing and service company that designs and manufactures rotating control devices (RCD) and other specialty drilling equipment.
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 Implements Ikon Science Rokdoc RT Software for Its Global Real-Time Pore Pressure Monitoring While Drilling Service
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).
Weatherford International Ltd. launched its new MetalSkin Solid Expandable Systems for open and cased hole applications.As a result of intensive market research to determine the industry’s needs, Weatherford has developed four distinct MetalSkin systems: 1) open-hole liner; 2) monobore open-hole liner; 3) cased-hole liner; and 4) monobore open-hole clad. Most of these systems can be used for multiple applications, to address both pre-planned and remedial well construction challenges. “Solid tubular expansion is considered to be one of the most important enabling technologies for the future of the oil and gas industry,” stated Pat York, Director of Commercialization and Marketing for Weatherford’s Solid Expandables business unit. “We could have come into the market pretty quickly after acquiring the rights for a cone-based expandable system; but the industry had some concerns, and first we wanted to make some refinements to address those concerns – whether real or perceived.” Significant downhole testing has been completed to date. On February 14, 2007, approximately 1,000 feet of the 11 3/4-inch by 13 3/8-inch MetalSkin monobore open-hole liner was successfully installed in a test well. This installation proves that Weatherford’s monobore technology has become a reality, allowing for new ways to solve drilling challenges without losing hole size. “Our ultimate goal is to move solid ex-pandables from being a risky contingency into the mainstream, where operators actually plan a system into their well,” commented York.