BAAR,
Using radio-frequency identification (RFID) technology, the field-proven TR1P system delivers 100 percent interventionless operation in both producer and injector wells.
"Weatherford's TR1P advanced deployment system has set a new industry benchmark for completion installations, especially in deepwater environments," said
The industry has already taken note of TR1P's deepwater capabilities: It has been named a Spotlight on New Technology® Award winner by the
"Receiving these awards means the industry has recognized the value in our TR1P technology," said Hopmann. "In a deepwater injector well in
As the only provider of RFID technology-enabled downhole tools, Weatherford coupled that capability with elements from its existing completions technologies. The result is the industry's first 100-percent interventionless operation that significantly reduces the total cost of an installation of a deepwater completion system.
The TR1P advantage:
Weatherford will be presented the OTC Spotlight on New Technology® Award at
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 more than 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities and employs approximately 26,500 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn,
Contacts:
+1.713.836.4615
Executive Vice President and Chief Financial Officer
+1.713.836.7430
Senior Vice President Stakeholder Engagement and Chief Marketing Officer
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