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Last updated on April 19, 2014 at 13:20 EDT

Latest Weatherford, Texas Stories

2014-04-09 08:33:07

Weatherford Gains Exclusivity of Nanotube Wire and Cable Products in the Oil and Gas Industry HOUSTON, April 9, 2014 /PRNewswire/ -- CurTran LLC today announced that it has signed its first contract for LiteWire products with Weatherford International Ltd. Per the agreement, Weatherford will use, sell, and distribute LiteWire, the first commercial scale production of a carbon nanotube technology in wire and cable form. "Weatherford is an ideal first customer for LiteWire because...

2014-03-24 08:23:32

GENEVA, March 24, 2014 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) and Baker Hughes Incorporated (NYSE: BHI) announce today that they have signed an agreement for the sale of Weatherford's pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of $250 million, including $241 million in cash and $9 million in retained working capital. The sale is part of Weatherford's previously announced plan to divest...

2014-02-26 16:23:29

GENEVA, Feb. 26, 2014 /PRNewswire/ -- Weatherford International Ltd. (NYSE/Euronext Paris/SIX: WFT) today announced that it has scheduled a conference call for Friday, April 25, 2014 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's first quarter ended March 31, 2014. The call will be open to the public. (Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO) To access the call, please contact the conference call operator at...

2014-02-05 08:24:15

The Endeeper's solution standardizes and optimizes the petrographic analysis workflow RIO DE JANEIRO, Feb. 5, 2014 /PRNewswire/ -- Weatherford Laboratories in Brazil adopted the Endeeper's solution for petrographic knowledge management. The solution is composed by Petroledge and RockViewer software and training session to enable the company's geologists in the use of Endeeper's software. (Logo: http://photos.prnewswire.com/prnh/20140205/PH58945LOGO-a)(Logo:...

2014-01-30 08:23:34

Confirms Significant Reduction in Net Debt; Announces Cost Reduction Measures GENEVA, Jan. 30, 2014 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) today updates its projected fourth quarter 2013 earnings per share (non-GAAP) financial results. Earnings per share for the fourth quarter 2013 are estimated to be in the range of $0.05 - $0.08. The shortfall can be primarily attributed to the following factors: -- Capital discipline driven activity...

2013-12-02 16:21:19

GENEVA, Dec. 2, 2013 /PRNewswire/ -- Weatherford International Ltd. (NYSE/Euronext Paris/SIX: WFT) today announced that it has scheduled a conference call for Wednesday, February 26, 2014 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's fourth quarter ended December 31, 2013. The call will be open to the public. (Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO) To access the call, please contact the conference call...

2013-11-26 12:22:51

GENEVA, Nov. 26, 2013 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) today resolved previously disclosed investigations by the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange Commission (SEC), and the U.S. Departments of Treasury and Commerce. Weatherford will pay a total of $253 million to resolve these cases, a sum which had been previously accrued and announced in the Company's securities filings. All of the terms of the...

2013-11-04 16:25:03

Appoints New Chief Operating Officer as Current Operating Officer Retires GENEVA, Switzerland, Nov. 4, 2013 /PRNewswire/ -- Weatherford International Ltd. (NYSE / Euronext Paris / SIX: WFT) announces the appointment of Mr. Krishna Shivram as Executive Vice President and Chief Financial Officer, and the promotion of Mr. Dharmesh Mehta to Executive Vice President and Chief Operating Officer, effective November 6, 2013. (Logo:...

2013-10-28 08:22:32

GENEVA, Oct. 28, 2013 /PRNewswire/ -- Weatherford International's production systems business unit today announced the worldwide release of OmniWell(TM) Production and Reservoir Monitoring at Intelligent Energy Conference 2013 in Dubai, UAE. Weatherford's OmniWell solutions provide unified reservoir monitoring for real-time downhole data in well conditions ranging from routine to the most extreme environments. (Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO)...

2013-08-23 16:21:20

GENEVA, Aug. 23, 2013 /PRNewswire/ -- Weatherford International Ltd. (NYSE/Euronext Paris/SIX: WFT) today announced that it has scheduled a conference call for Tuesday, November 5, 2013 at 8:30 a.m. ET. The purpose of the conference call is to discuss results for the Company's third quarter ended September 30, 2013. The call will be open to the public. (Logo: http://photos.prnewswire.com/prnh/19990308/WEATHERFORDLOGO) To access the call, please contact the conference call...