Weatherford International

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Weatherford International Ltd.

Type	Oilfield services company
Founded	?
Headquarters	Houston, Texas 730 offices around the world
Key people	Chairman & CEO: Bernard Duroc-Danner (2006)
Industry	Oil Well Services
Products	Diversified Oil field services
Revenue	$4.6 billion USD (2005) NYSE: WFT
Employees	30,100 (2006)^[1]
Website	Weatherford.com

Weatherford International Ltd (NYSE: WFT) is one of the world's largest diversified upstream oilfield service companies. Weatherford provides services ranging from directional drilling, open and cased-hole wireline logging to underbalanced systems expertise, drilling, completion, production, and intervention expertise. Weatherford has more than 730 offices and is operating in more than 100 countries.

1 Business units
2 History
3 See also
4 References
5 External links

[edit] Business units

Completion & Production Systems (CPS) - completion systems and production optimisation services
Evaluation, Drilling & Intervention (EDI) - drilling, logging, underballance and well testing systems as well as drilling tools, tubulars and fishing tools.
Pipeline & Specialty Services - onshore and offshore pipelines
International Contract Drilling - the former Precision Drilling International (PDI), operating 50 land rigs (2006).

[edit] History

2005 on August 31, 2005, Weatherford acquires Precision Energy Services and Precision International Drilling from Precision Drilling Corporation for 1 billion USD. The acquisition of Precision Energy Services strenghthens Weatherford's directional drilling and openhole and cased-hole wireline services, while integration of Precision International Drilling broadens the service area in Middle East and North Africa.
Weatherford bought out A&M Composites on September 1st of 2005. A&M Composites is now known as Weatherford-A&M Composites. They make fiberglass wound composites that are used in the oil field, electrical units, RO systems, and antennas, along with many other things.