Vero® Automated Connection Integrity Achieves 50th Run
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In less than two years, Vero is delivering value to producers around the globe. Notable real-world results include:
By applying artificial intelligence at every stage from pipe manufacturing to well installation, Vero improves connection make-up efficiency and eliminates the inevitable errors associated with human judgement during the connection process. In doing so, the solution can minimize the chance of catastrophic well failures associated with poorly made-up connections, significantly reduce the total cost of well ownership, minimize personnel safety risks, and protect corporate reputation.
"The future for Vero is very bright," said Dean Bell, President of Well Construction for Weatherford. "There is no debate. Vero is the most disruptive technology ever introduced in the tubular running space and operators are taking notice. Vero is now being engaged in most major offshore and onshore markets around the world, with its first-ever U.S. operation scheduled to begin this fall in the Gulf of Mexico. Vero goes beyond tubular running to help our customers build wells that last a lifetime."
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 more than 80 countries and has a network of 620 locations, including manufacturing, service, research and development, and training facilities and employs more than 24,500 people. For more information, visit www.weatherford.com and connect with Weatherford on LinkedIn, Facebook, Twitter and YouTube.
Contact:
Christoph Bausch +1.713.836.4615
Executive Vice President and Chief Financial Officer
Karen David-Green +1.713.836.7430
Senior Vice President Stakeholder Engagement and Chief Marketing Officer
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