NYSE: WFRD
Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Oilfield Services · Drilling & Completions
Weatherford International
Weatherford International is a Houston-based oilfield services company providing drilling, evaluation, completion, and production solutions.
Weatherford International plc is a multinational oilfield services company headquartered in Houston, Texas. The company provides equipment and services for drilling, evaluation, completion, production, and intervention of oil and natural gas wells. Weatherford emerged from Chapter 11 bankruptcy in 2019 and has since restructured into a leaner, more focused operation.
Headquarters
Houston, TX
Founded
1941
Employees
18,000+
Revenue
$5.3 billion (2023)
CEO
Girish Saligram
Website
weatherford.comWeatherford was founded in 1941 in Weatherford, Texas. The company grew through aggressive acquisitions in the 2000s and 2010s, becoming one of the largest oilfield services companies. After facing financial challenges, Weatherford filed for Chapter 11 bankruptcy in 2019 and emerged with a significantly reduced debt load, refocusing on its core competencies.
Weatherford operates in approximately 75 countries across two segments: Drilling and Evaluation (DRE) and Well Construction and Completions (WCC). Key product lines include managed pressure drilling, tubular running services, liner hangers, cementing, and artificial lift systems.
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