Weatherford Hosts FWRD Digital Conference Introducing Cutting-Edge Technology
November 07 2023 - 4:30PM
Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the
“Company”) began its 19th annual FWRD Digital Conference today,
convening figures from across the energy sector, technology
partners, and technical experts from Weatherford. The conference
aims to exchange insights on the industry's direction and the
transformative impact of digitalization on the energy sector, and
showcase digitally enhanced, comprehensive life-of-well solutions.
The 2023 conference highlights important
subjects related to integrated workflows and implementing advanced
control systems, leveraging Artificial Intelligence (AI) to enhance
operational efficiency, exploring ways for customers to reduce
carbon emissions through digitalization, and demonstrates how
Weatherford's unique product offerings contribute to tackling these
issues through the introduction of new technologies.
Workflow Integration + Advanced
Control
- CentroTM Well Construction
Optimization Platform – Customers can now see an integrated view of
Managed Pressure Drilling and real time Drilling data to drive real
time simulations for making informed decisions.
- ForeSite® Autonomous Control on the
Enterprise – The only Production ecosystem to have customizable
autonomous control available on the edge, cloud, and on-premises
for rod lift, gas lift, ESP and plunger lift systems.
- CygNetTM Thin Web Client – Offers
unparalleled flexibility, allowing users to manage operations from
any device, anywhere while improving cost efficiency.
AI for Operational
Efficiency
- CygNetTM GenAI – The first
generative AI application available in a SCADA system designed to
significantly reduce reporting timelines and drive operational
insights.
Decarbonization through
Digitalization
- Foresite® Regenerative Power
Management System – The first and only regenerative variable-speed
drive for rod lift systems, featuring seamlessly integrated
power-management technology with a unique ability to recycle energy
back to the rod lift system to store and optimize power.
Girish Saligram, President and Chief Executive
Officer of Weatherford, commented, “With an end-to-end asset
digitalization mindset, we are focused on driving leading-edge
technology innovations that delivers value to our customers
throughout the well life cycle. The technology advancements
announced today further evidence the spirit of innovation that
lives within Weatherford as we continue to deliver a differentiated
portfolio that moves the industry forward.”
About Weatherford
Weatherford delivers innovative energy services
that integrate proven technologies with advanced digitalization to
create sustainable offerings for maximized value and return on
investment. Our world-class experts partner with customers to
optimize their resources and realize the full potential of their
assets. Operators choose us for strategic solutions that add
efficiency, flexibility, and responsibility to any energy
operation. The Company operates in approximately 75 countries and
has approximately 18,000 team members representing more than 110
nationalities and 335 operating locations.
Visit weatherford.com for more information and connect
with us on social media.
For Media:Kelley HughesSr. Director, Corporate
Communications and Employee Engagement media@weatherford.com
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