Weatherford Deploys First Solid Expandable Liner Hanger; Milestone for Solid Expandables Set in Maxus Well

05 Mar 2002
HOUSTON, Mar 5, 2002 /PRNewswire-FirstCall via COMTEX/ -- Weatherford International, Inc. (NYSE: WFT) today announced that its Completion Systems division had successfully deployed its first Expandable Liner Hanger (ELH(TM)) in YPF Maxus' Cinta E-11 well offshore Indonesia.

The ELH was used to hang 60ft of Weatherford's Expandable Sand Screen (ESS(TM)) inside 7-inch casing at a depth of 3,500 feet. After the ELH was set, the ESS was expanded in the second trip. Key to setting the ELH was Weatherford's unique Compliant Rotary Expansion System that employs a rotating radial force to expand the hanger rather than driving a fixed dimension cone through it.

Expandable technologies refer to both slotted and solid expandables, related tools and accessories, and specialized expansion systems. All share the ability for expansion after downhole installation. Weatherford pioneered the application of expandables for downhole sand control with its ESS(TM) System. These systems were brought into commercial use during 2000-2001. When expanded, the ESS allows greater borehole productivity and the ability to perform remediation work. To date, Weatherford has successfully installed numerous ESS Systems worldwide totaling approximately 13 miles in length.

Houston-based Weatherford International, Inc. (http://www.weatherford.com ) is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry. Weatherford operates in over 100 countries and employs approximately 15,000 people worldwide.

     Contact:  Karen Gillen-Allen (713) 693-4248

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SOURCE Weatherford International, Inc.

CONTACT:          Karen Gillen-Allen of Weatherford International, Inc.,
                  +1-713-693-4248
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