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Last $6.06 USD
Change Today -0.18 / -2.88%
Volume 17.1M
WFT On Other Exchanges
New York
As of 8:04 PM 02/11/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Bahnhofstrasse 1

Baar, 6340


Phone: 41 22 816 15 00


Weatherford International public limited company, together with its subsidiaries, provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company conducts operations in approximately 100 countries and has service and sales locations in nearly all of the oil and natural gas producing regions in the world. Product Offerings The company’s principal business is to provide equipment and services to the oil and natural gas exploration and production industry, both on land and offshore, through its two product service line groups. Within each of its geographic segments, the company groups its product offerings into 2 product service line groups, such as Formation Evaluation and Well Construction, and Completion and Production, which together comprise a total of 15 service lines. Formation Evaluation and Well Construction service lines include Managed Pressure Drilling, Drilling Services, Tubular Running Services, Drilling Tools, Integrated Drilling, Wireline Services, Testing and Production Services, Re-entry and Fishing, Cementing, Liner Systems, Integrated Laboratory Services, and Surface Logging. Completion and Production service lines include Artificial Lift Systems, Stimulation, and Completion Systems. Formation Evaluation and Well Construction Within the Formation Evaluation and Well Construction product service line group, the company provides formation evaluation services from early well planning to reservoir management services, including core analysis, surface logging, well site geochemistry, logging while drilling, and wireline services. The company’s suite of formation evaluation services has various applications across all types of reservoirs. The company also provides well construction services to help clients ensure well integrity for the full life cycle of the well using casing and tubing strings, cementation design, liner top isolation and methods that ensure the well reaches total depth in the best condition possible. The descriptions of its service lines under the Formation Evaluation and Well Construction product service line group are as follows: Managed-Pressure Drilling includes various drilling techniques, including closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling. Drilling Services includes directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems. This service line also includes the company’s range of downhole equipment, including high temperature motors, wireline steering tools, air rotary hammer drills, casing exit systems, downhole deployment valves, and downhole data acquisition equipment. Tubular Running Services consists of various tubular connection and installation services for the drilling, completion, and workover of an oil or natural gas well, including liner systems, solid expandable systems, zonal isolation products, and swellable well-construction technologies. The company also engages in critical-service installations. Drilling Tools includes the company’s patented drilling jars, underreamers, rotating control devices, downhole tools, drillpipe and related tools, tubular handling equipment, and other pressure-control equipment used in drilling oil and natural gas wells. Integrated Drilling includes drilling and the project management services that the company provides to its clients in tandem with all of the products and services needed to drill and complete a well, including the land rig. Wireline Services includes open hole and cased-hole logging services to measure the physical properties of underground formations and help determine the location and potential deliverability of oil and gas from a reservoir. It also includes production and produced water systems for fracturing, production disposal, and enhanced oil recovery operations. The company also offers petroleum consulting services in the geoscience and engineering domain worldwide. Testing and Production Services includes drillstem test tools, early production facilities, life-of-field production facilities,


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