Given Weatherford's participation in many other segments of the oil and gas service business, the company saw stimulation as an area of new potential consistent with its overall growth strategy. Stimulation is a natural extension of the company's core capabilities. It affects the ultimate productivity of the well and is an excellent way to add value for clients. Although the company had essentially no pumping or chemical-related businesses, management saw a lot of potential in well stimulation by focusing on service quality and bringing value to that segment. Starting from...

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access