Weatherford: Announces Third Quarter 2020 Results
Weatherford International plc announced today its results for the third quarter of 2020. Revenues for the third quarter of 2020 were $807 million, a decline of 2% sequentially and 39% year-on-year. Reported operating loss was $60 million in the third quarter of 2020, compared to an operating loss of $497 million in the second quarter …
Weatherford Vero™ Automated Connection Integrity Successfully Completes 100 Runs And 33,000 Tubular Connections
Weatherford International plc (OTC Pink: WFTLF) today announced its Vero™ automated connection integrity has successfully completed 100 runs and 33,000 tubular connections in operations worldwide since its market debut. Vero applies artificial intelligence to minimize safety risks and validate well integrity from the wellhead to total depth. Since its launch …