Weatherford releases production optimization software
Weatherford International plc today announced a new software release for its ForeSite production optimization platform, which combines physics-based models with advanced machine-learning data analytics to improve performance across conventional and unconventional oil and gas assets.
Weatherford Raptor 2.0
We created a complete petrophysical system to accompany the most sensitive pulsed-neutron tool ever built.
Single-well response characterization creates a unique, integrated response characterization for each well by accounting for the combined effects of borehole size, casing, tubing, wellbore and annular fluids, lithology, and reservoir fluids.
The response prediction calculates a clear oil and water response prediction.
Four-detector mixing enhances spectroscopic C/O and sigma measurements.
Petrophysical analysisleverages proprietary software and skilled petrophysicists to merge measured data into the response envelope. The data interface is intuitive, easy to use, and transparent.
The petrophysical process is repeated when characterizing a completion change in the same well or when characterizing a nearby well.
Weatherford's RipTide RFID
In this video, Weatherford shows the benefits of the company’s RipTide RFID (radio-frequency identification) drilling reamer that can be enhance...
Weatherford Brazil Facility Achieves API Q2 Certification
HOUSTON, March 15, 2017 – Weatherford International plc announced today that its facility in Macaé, Brazil, received API Specification Q2 certification. To gain certification, a facility must demonstrate a robust quality management system that assures personnel competency, risk assessment, contingency planning and other key elements
The Macaé facility manufactures, services, supplies, installs, inspects and distributes parts, equipment and accessories used for oil and gas exploration and production. These products are used in formation evaluation, drilling, completion, intervention and artificial lift operations throughout the country
“This recognition is important to us because it demonstrates our ability to consistently deliver high-quality products and services to our clients,” said Renato Borges, Weatherford country manager for Brazil. “Our goal is…
Weatherford Appoints Mark A. McCollum as President, CEO and Director
(NYSE: WFT) announced today that after a full and diligent search process, the Board has appointed Mr
Mark A. McCollum
as President and Chief Executive Officer, as well as a member of the Board of Directors, with an effective start date in late
. Mr. McCollum is a proven executive with an impressive background spanning over 36 years in the energy sector, most recently as Executive Vice President and Chief Financial Officer at
has been appointed Chairman of the Board of Directors
Mr. Macaulay, Weatherford's Chairman of the Board of Directors, commented, "We are extremely excited to have Mark as our CEO and as new member of the Board. After…