Excellence Logging

Weatherford International plc today announced it has completed the sale of its surface data logging business to Excellence Logging for $50 million in total consideration. In December 2018, the Company signed a definitive agreement to sell all of its surface data logging equipment, technology and associated contracts to Excellence Logging. …

Weatherford International plc today announced it has signed a definitive agreement to sell its surface data logging business to Excellence Logging for $50 million in cash. As part of the agreement, Weatherford will sell all of its surface data logging equipment, technology and associated contracts and will transfer the related personnel to …