Weatherford Awarded Framework Extension with Equinor for Completions and Slot Recovery
28 Mai 2024 - 2:30PM
Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the
“Company”) announced it has been awarded a two-year frame agreement
extension with Equinor, a multinational energy company, for the
delivery of completions, liner-hangers, and slot recovery services.
To deliver on this scope, Weatherford will offer
its Accuview® downhole monitoring solutions with the AlphaVTM
next-generation whipstock system building on our track record of
enhancing operational efficiency and reducing rig time. Notably, in
2023, Weatherford successfully introduced AlphaVTM, enabled by the
Accuview® platform in the North Sea for Equinor. This deployment
eliminated the need for a dedicated wellbore preparation run,
saving cost and improving operation efficiency through remote
monitoring capabilities. Combining these proprietary technologies
with those acquired from the Ardyne portfolio, Weatherford recently
executed a slot recovery operation, delivering further cost and
operational enhancements for Equinor.
Through this extension, Equinor also gains
access to Weatherford's leading ForeSite® sense optical reservoir
monitoring solution alongside a comprehensive array of completion
solutions. Weatherford's unique offering allows for integrating
various measurement types in a single fiber optic cable,
simplifying the downhole architecture and facilitating reliable
reservoir monitoring as a means to production optimization.
Girish Saligram, Weatherford President and CEO
commented, “I am delighted that Equinor has chosen to extend our
collaboration. This recognition underscores the significance of our
completions and slot recovery portfolios, highlighting the
distinctive and innovative capabilities that empower our customers
to fulfill their operational goals.”
About WeatherfordWeatherford
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 18,800 team
members representing more than 110 nationalities and 340 operating
locations. Visit weatherford.com for more information and
connect with us on social media.
For Media:Kelley
HughesWeatherford International plcCorporate
Communicationsmedia@weatherford.com
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