Weatherford completes Secure Drilling acquisition

Weatherford International has completed its purchase of Secure Drilling.

Offshore staff

HOUSTON --Weatherford International has completed its purchase of Secure Drilling.

The combination of Secure Drilling’s patented Micro-Flux technology and Weatherford’s managed pressure drilling (MPD) systems and expertise offer the industry a unique and essential solution, the company says.

“Bringing these two groups together offers clients more precise wellbore pressure management,” says Mark Mitchell, group VP of drilling hazard mitigation. “The combination of Secure Drilling’s superior MPD systems with Weatherford’s industry-leading Controlled Pressure Drilling technologies and extensive line of first-in-class rotating control devices further extends our place as the MPD global provider of choice.”

07/21/2009

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