Wins for Best Production Technology, Best Well Integrity
Technology
BAAR, Switzerland, Oct. 18, 2017 /PRNewswire/ -- Weatherford
International plc (NYSE: WFT) received top honors in two categories
at the 2017 World Oil Awards, held Thursday,
October 12, in Houston,
Texas. The Raptor™ 2.0 cased-hole evaluation system was
named Best Production Technology and the Endura®
dual-string section mill was awarded Best Well Integrity
Technology.
The Raptor 2.0 system detects bypassed reserves with precise
through-casing reservoir characterization, which enables operators
to improve production and recovery. The Endura dual-string section
mill significantly reduces the time of plug and abandonment
operations and creates a stable and verifiable rock-to-rock
barrier, enhancing the integrity of the wellbore at the end of its
productive life.
"These two awards demonstrate our continuous commitment to
innovation and technology leadership," said Karl Blanchard, Executive Vice President and
Chief Operating Officer. "We are proud to provide our customers
with competitive technologies and services that address industry
challenges and enable operators to produce maximum value from their
assets."
About Weatherford
Weatherford is one of the largest
multinational oilfield service companies providing innovative
solutions, technology and services to the oil and gas industry. The
Company operates in over 90 countries and has a network of
approximately 860 locations, including manufacturing, service,
research and development, and training facilities and employs
approximately 29,500 people. For more information,
visit www.weatherford.com and connect with Weatherford on LinkedIn, Facebook,
Twitter and YouTube.
Weatherford Contacts
Christoph
Bausch
Executive Vice President and Chief Financial Officer
+1.713.836.4615
Karen David-Green
Vice President – Investor Relations, Marketing and
Communications
+1.713.836.7430
Logo -
https://mma.prnewswire.com/media/586158/WEATHERFORD_INTERNATIONAL_LOGO.jpg