Weatherford secures two-year completions contract extension from Equinor

(WO) – Weatherford International plc has been awarded a two-year frame agreement extension with Equinor, for the delivery of completions, liner-hangers, and slot recovery services.

Weatherford will offer its Accuview downhole monitoring solutions with the AlphaVTM next-generation whipstock system. Notably, in 2023, Weatherford successfully introduced AlphaVTM, enabled by the Accuview platform in the North Sea for Equinor. This deployment eliminated the need for a dedicated wellbore preparation run, saving cost and improving operation efficiency through remote monitoring capabilities.

Combining these proprietary technologies with those acquired from the Ardyne portfolio, Weatherford recently executed a slot recovery operation, delivering further cost and operational enhancements for Equinor.

Through this extension, Equinor also gains access to Weatherford's leading ForeSite sense optical reservoir monitoring solution alongside a comprehensive array of completion solutions.

Weatherford's offering allows for integrating various measurement types in a single fiber optic cable, simplifying the downhole architecture and facilitating reliable reservoir monitoring as a means to production optimization.