HOUSTON, Oct. 5, 2020 /PRNewswire/
-- Weatherford International plc (OTC Pink: WFTLF) has
launched ForeSite® Sense, the world's most comprehensive
reservoir monitoring solution that shows, in real-time, the
critical downhole data that determines profit: pressure,
temperature and flow.
"Data tells the story of reservoir behavior, and reservoir
behavior determines production efficiency and cost of asset
ownership," said Brent Baumann,
President, Completions and Production, Weatherford. "Without question, intelligence
drives profitability. ForeSite Sense empowers operators to monetize
their data because it creates continuous, actionable intelligence
for any well, in any environment and for every budget."
ForeSite Sense delivers actionable, real-time intelligence
across the spectrum of wells:
- Mature Wells: Cost-effective solutions drive down the
cost of well-ownership with simple and reliable ForeSite Sense
pods,
- Shale Wells: Manage multiple producing zones with
ForeSite Sense quartz solutions,
- Deepwater Wells: Optimize reservoir drainage with
ForeSite Sense optical distributed-sensing solutions.
From single production zones in mature fields to distributed
sensing arrays in deepwater basins, only Weatherford combines single-cable simplicity,
proven sensor reliability, and unprecedented data quality. ForeSite
Sense matches data needs with well complexity and economics to
deliver a life-of-well solution that draws from the only
comprehensive selection of optical, quartz, and piezo-electric
gauges, paired with optical flowmeters and intelligent capillary
and coiled-tubing remediation services.
"Installed in more than 7,000 wells, ForeSite Sense is
field-proven in every well environment and geography from the
Permian Basin to the Middle East
to deepwater Brazil," said Baumann. "Weatherford has a three-decade track record of
99 percent reliability with 14,000 sensors. More importantly, the
ForeSite Sense end-to-end reservoir intelligence is integrated into
the ForeSite ecosystem, creating the world's only
single-sourced, production-performance solution. This is the most
advanced digitalization solution ever offered."
About Weatherford
Weatherford is a 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 approximately 19,000
team members and 600 locations, which include service, research and
development, training, and manufacturing facilities. Visit
https://www.weatherford.com/ for more information or connect
on LinkedIn, Facebook, Twitter, Instagram, or YouTube.
Contact:
Christopher Wailes
Director, Global Media Engagement
+1.832.851.8308
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SOURCE Weatherford International plc