Weatherford Awarded Two Large Completions Contracts with Super Major

September 8, 2016
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HOUSTON, September 8, 2016 – Weatherford International plc announced that it has won two large contracts with a super-major operator for sand screens and for upper completions products including gas-lift equipment, chemical-injection equipment, subsurface safety valves (SSVs) and downhole measurement tools. These two multi-year contracts will supply this equipment to multiple rig lines drilling extended-reach wells at Sakhalin Island.

The Sakhalin multi-year sand-screen contract covers both extended-reach onshore and offshore wells. As part of the second multi-year Sakhalin contract, Weatherford will provide gas-lift mandrels, gas-lift valves, chemical-injection equipment, surface-controlled SSVs, and downhole temperature and pressure gauges for wells on multiple rig lines.

“These and other recent contract wins for Weatherford demonstrate how we are changing the way the industry approaches completions,” Mark Hopmann, Vice President of Completions at Weatherford. “Screens are merely one part of our portfolio of advanced, 21st-century solutions designed for modern wellbore profiles.”

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 100 countries and has a network of approximately 1,000 locations, including manufacturing, service, research and development, and training facilities and employs approximately 32,000 people. For more information, visit www.weatherford.com and connect with Weatherford on Facebook, LinkedIn, Twitter and YouTube.

Weatherford Contact

Kelley Hughes, Corporate Communications Manager, Kelley.Hughes@Weatherford.com

Jennifer Roth, Communications Specialist, +1.713.836.4345, Jennifer.Roth@Weatherford.com