Energy & PowerAug 10, 2026

Weatherford International

Company Profile Analysis

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Weatherford International - Energy & Power showcase

Year Founded & Workforce

1940-12-31

18,500 Employees

Industry

Energy & Power

Services

Weatherford International Overview

Company Headquarters: Texas, United States.

Founded: 1941

Workforce: 18,500

Company Working:

Weatherford International is a corporation that provides equipment and services for oil and natural gas well drilling, evaluation, completion, production, and intervention. The corporation was founded in 1941 and had its headquarters in Houston, Texas, United States of America. Weatherford has plants and offices in over 80 nations, including the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The business's three segments are drilling Services, Completion, Production Services, and Well Construction Services. Weatherford provides various products and services, such as drilling instruments, artificial lift systems, pressure pumping, wireline services, cementing services, well intervention services, and drilling fluids. Additionally, the company offers digital solutions to assist oil and gas operators in optimizing their operations and increase their efficiency. Weatherford International has a history of innovation and has developed several technologies and products that are industry-leading. The company's products and services have won numerous accolades, including the World Oil Accolades, the Offshore Technology Conference Spotlight on New Technology Awards, and the Oil & Gas Awards.

Strategy

Innovation: The company has developed several industry-leading technologies and products that enhance oil and gas operators' performance, safety, and productivity.Portfolio Optimization: Weatherford has strategically evaluated its business portfolio and divested non-core assets and operations to concentrate on its core business lines, enhance its financial position, and reduce its debt.Customer Orientation: The company places a high priority on comprehending its customers' needs and providing solutions that are tailored to suit those needs. Weatherford has created customer-centric teams and invested in product development, customer service, and technical support.

Company Snapshot

$3,670M

Revenue

18,500

Employees

1940-12-31

Founded

Texas, United States.

Headquarters

SWOT Analysis

Strengths

Global leader in oilfield services
Wide range of products and services
Strong research and development capabilities
Extensive global network

Weaknesses

Financial instability
Dependence on the oil and gas industry
High operational costs
Vulnerability to market fluctuations

Opportunities

Development of innovative technologies
Strategic collaborations and joint ventures
Growing demand for digital solutions in the industry
Market consolidation opportunities

Threats

Increasing competition in the industry
Stringent environmental regulations
Geopolitical risks affecting operations
Cybersecurity threats

Key Developments

Date	Approach	Development
Oct-2022	Award	Petroleum Development Oman awarded Weatherford International plc a five-year, over $500 million contract to provide Integrated Drilling Service in the Marmul and Grater Saqar fields

Product Offering

Weatherford International
- AQUEOUS DRILLING-FLUID SYSTEMS
- NON-AQUEOUS DRILLING-FLUID SYSTEMS
- DRILL-IN FLUID SYSTEMS

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Weatherford International as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Weatherford International

Company Headquarters: Texas, United States. Founded: 1941 Workforce: 18,500 Company Working: Weatherford International is a corporation that provides equipment and services for oil and natural gas well drilling, evaluation, completion, production, and intervention. The corporation was founded in 1941 and had its headquarters in Houston, Texas, United States of America. Weatherford has plants and offices in over 80 nations, including the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The business's three segments are drilling Services, Completion, Production Services, and Well Construction Services. Weatherford provides various products and services, such as drilling instruments, artificial lift systems, pressure pumping, wireline services, cementing services, well intervention services, and drilling fluids. Additionally, the company offers digital solutions to assist oil and gas operators in optimizing their operations and increase their efficiency. Weatherford International has a history of innovation and has developed several technologies and products that are industry-leading. The company's products and services have won numerous accolades, including the World Oil Accolades, the Offshore Technology Conference Spotlight on New Technology Awards, and the Oil & Gas Awards.

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