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Weatherford International Plc

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About

Weatherford is the leading wellbore and production solutions company. Operating in more than 80 countries, the company answers the challenges of the energy industry with its global talent network of 24,000 team members and 610 locations, which include service, research and development, training, and manufacturing facilities.

Editor's note: Updated March 23, 2020.

Transactions

Report Date Amount (MM) Description
2019-04-30 $50.00

Weatherford Agrees To Sell Data Logging Business

Weatherford Agrees To Sell Data Logging Business

Report Date Amount (MM) Description
2019-03-25 $287.50

Weatherford To Sell Land Drilling Rigs For $288 Million

Weatherford To Sell Land Drilling Rigs For $288 Million

Report Date Amount (MM) Description
2017-12-29 $430.00

Weatherford Scraps Joint Venture, Sells A Business To Schlumberger

Weatherford Scraps Joint Venture, Sells A Business To Schlumberger

Report Date Amount (MM) Description
2017-04-24 $535.00

Schlumberger, Weatherford To Form OneStim JV

Schlumberger, Weatherford To Form OneStim JV

Report Date Amount (MM) Description
2017-04-24 $535.00

Schlumberger, Weatherford To Form OneStim JV

Schlumberger, Weatherford To Form OneStim JV

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2021-09-21 Weatherford International Plc Debt $500.00

Priced an offering of 6.5% senior secured first lien notes due 2028 at an issue price of 100.0%. Proceeds…

Report Date Type Amount (MM) Description
2016-11-15 Weatherford International Plc Debt $500.00

Opened a private offering of senior unsecured notes due 2024 in order to repay outstanding amounts under…

Report Date Type Amount (MM) Description
2016-03-07 Weatherford International Plc - 2016-03-07 Equity $630.20

Closed the public offering of 115 million common shares priced at $5.65 each. Net proceeds will support…

Report Date Type Amount (MM) Description
2016-03-01 Weatherford International Plc - 2016-03-01 Equity $565.00

Priced its public offering of 100 million common shares at $5.65 each. The net proceeds will support…

Report Date Type Amount (MM) Description
2015-09-21 Weatherford International Plc - 2015-09-21 Equity $1,000.00

Cancelled the concurrent underwritten public offering of ordinary shares and mandatorily exchangeable…

Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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News

Renewed US Sanctions to Complicate Venezuelan Oil Sales, Not Stop Them

Venezuela’s oil exports to world markets will not stop, despite reimposed sanctions by Washington, and will likely continue to flow with the help of Iran—as well as China and Russia.

From Restructuring to Reinvention, Weatherford Upbeat on Upcycle

Weatherford CEO Girish Saligram charts course for growth as the company looks to enter the third year of what appears to be a long upcycle. 

E&P Highlights: Dec. 11, 2023

Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.

Weatherford’s Well Construction Platform at the Centro of It All

Weatherford’s Centro well construction platform utilizes five principles to cut costs and increase efficiencies for wells.

E&P Highlights: Nov. 13, 2023

Here’s a roundup of the latest E&P headlines, including a small but commercial discovery in the North Sea and new contract awards.

Post Bankruptcy, Weatherford Revenues Up as Company Reinvents Itself

As Weatherford International crawls out of its bankruptcy hole, the company is finally starting to deliver results, CEO Girish Saligram says.

E&P Highlights: July 17, 2023

Here’s a roundup of the latest E&P headlines, including the Jubilee South East project reaching production of 100,000 bbl/d and new contract awards in the upstream oil and gas industry.

US Renews License to Oil Service Firms in Venezuela Under Same Restrictions

The existing license was first granted in 2019 to Halliburton Co., Schlumberger NV, Baker Hughes Co., Weatherford International LLC and Chevron Corp.

E&P Highlights: Dec. 30, 2022

Here’s a roundup of the latest E&P headlines, including a field start up and a well drilled to a basin with record depth from the past week in the upstream oil and gas industry.

E&P Highlights: Dec. 5, 2022

Here’s a roundup of the latest E&P headlines including field upgrade plans being approved and a development milestone for a Senegalese field from the past week in the upstream oil and gas industry.

E&P Highlights (Oct. 31, 2022): Sépia Oil Discovery; Aramco, IBM Innovation Hub

Here’s a roundup of the latest E&P headlines including the discovery of one of the thickest net oil columns recorded in Brazil and contract announcements from the past week in the upstream oil and gas industry.

E&P Highlights: Oct. 24, 2022

Here’s a roundup of the latest E&P headlines including a reserves update in the Western South China Sea and a FLNG conversion announcement from the past week in the upstream oil and gas industry.

E&P Highlights: Oct. 17, 2022

Here’s a roundup of the latest E&P headlines, including new contracts and product announcements from the past week in the upstream oil and gas industry.

E&P Highlights: Sept. 20, 2022

Here’s a roundup of the latest E&P headlines including a new EIS for a project in Australia to contract awards around the globe from the past week in the upstream oil and gas industry.

Oilfield Service Firms’ Q2 Fortunes Turn Up

In second-quarter earnings, oilfield service companies Weatherford, NOV and H&P revealed rising revenues from the same period last year.