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Bilateral Chamber Member, Weatherford, Introduces Cased-Hole Evaluation System for Enhanced Oil Recovery

Weatherford Press Release- June 19, 2017

System Includes Industry’s First Five-Detector Array

HOUSTON, June 19, 2017 – Weatherford International plc announced the commercial release of the Raptor™ 2.0 cased-hole evaluation system today at the Society of Petrophysicists and Well Log Analysts Annual Symposium. The Raptor 2.0 system, which has been tested and proven in more than 200 field runs, combines a pulsed-neutron wireline logging device with advanced petrophysical workflows, a wide range of answer products and support from a team of experienced production petrophysicists to provide actionable reservoir data.

The Raptor wireline logging tool features the first and only five-detector array on the market, which makes the system 250% more sensitive than traditional, two-detector pulsed neutron tools. By providing high-fidelity oil-water and gas-liquid saturation measurements, the Raptor 2.0 system enables operators to increase their reservoir knowledge during completion, production and rejuvenation operations. This knowledge can then be leveraged to increase hydrocarbon recovery.

“Today, operators are only able to identify and recover a fraction of the oil in their reservoirs. Our new Raptor 2.0 system helps clients look behind the casing to identify the type, location and amount of hydrocarbons in their reservoir, so they can realize the full potential value of their asset,” said Olivier Muller, Vice President of Wireline and Testing Services at Weatherford.

About Weatherford

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 90 countries and has a network of approximately 880 locations, including manufacturing, service, research and development, and training facilities and employs approximately 29,500 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn, Facebook, Twitter and YouTube.