Weatherford International (OTCMKTS:WFTIQ) is a leading global provider of oilfield services and equipment to the energy industry. The company specializes in well construction, evaluation, completion, production and intervention solutions for oil and natural gas operators. Its comprehensive portfolio includes drilling fluids and engineering, wellbore cleanup, cementing, well testing, wireline logging and perforating technologies designed to optimize reservoir performance and enhance recovery rates.
Founded in 1941, Weatherford has evolved through decades of technological advancement and strategic expansion to serve customers across more than 75 countries. Headquartered in Houston, Texas, the company maintains a broad international footprint with a strong presence in key hydrocarbon basins throughout North America, Latin America, Europe, the Middle East, Africa and Asia. Weatherford’s global network of manufacturing facilities, research and development centers, and field operations enables rapid deployment of its products and services to meet diverse geological and operational challenges.
Weatherford’s product offerings encompass a range of drilling and completion tools such as rotary steerable systems, managed pressure drilling solutions, artificial lift and production optimization equipment. In addition, the company provides integrated well intervention services, including coiled tubing, slickline, nitrogen pumping and pressure control technologies. Weatherford’s commitment to innovation is underpinned by an experienced engineering team focused on advancing digital monitoring, automation and data analytics to improve operational efficiency and reduce environmental impact.
Under the leadership of President and Chief Executive Officer Girish Saligram, Weatherford has prioritized financial discipline and operational excellence following its emergence from financial restructuring in 2020. Saligram, along with a seasoned executive management team, continues to drive strategic initiatives aimed at enhancing service quality, strengthening customer partnerships and leveraging technological breakthroughs. The company remains committed to supporting the evolving needs of the energy sector through cost-effective solutions and a focus on safety, reliability and sustainability.
AI Generated. May Contain Errors.
