Weatherford

The service company said it plans to use DataRobot’s artificial intelligence capabilities in its production-optimization and well-construction digital platforms.

A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.

In this first part of a two-part series, we look at how the artificial-lift sector has adapted to producing unconventional resources. The second part of the series to publish in November will crack open the lift toolbox to take a deeper look at the techniques and technologies under development or new to the market.

The service companies plan to co-market an emerging well control system that can integrate with established managed-pressure-drilling components to enhance well construction safety and efficiency.

A former chief operating officer at Exterran Corp. will take the helm of the Houston-based oilfield services company in October.

Weatherford will embed INT’s IVAAP framework into the Weatherford Centro digital well delivery software, advancing its data-visualization capabilities.

The 18-month contract is for work in the Al-Nasiriyah oil field in southern Iraq’s Dhi Qar province.

Weatherford announced that Mark A. McCollum, president, CEO, and a director, has left the company, effectively immediately.

The oilfield services company's Tubular Running Service was recognized for reducing costs, maximizing safety.

With US oil prices struggling to top $25, oil companies and service providers are making deeper cuts this month to cope. The biggest come from Halliburton which may have shed 5,000 total jobs since the start of the year.