Overview
Weatherford International plc is a global energy-services company serving the oil and natural gas industry across the well life cycle, from drilling and evaluation through well construction, completion, production, intervention, and well abandonment. Its three principal operating segments are Drilling and Evaluation, Well Construction and Completions, and Production and Intervention; it also provides digital solutions and serves new-energy platforms.[1][2][3][4]
The company operates in approximately 75 countries and has about 305 operating locations.[5] Revenue for FY2025 was $4.918 billion.[6] Weatherford describes its mission as “Producing energy for today and tomorrow.” [7] A 2024 company announcement reported approximately 18,000 team members.[8] [1][2][3][4][5][6][7][8][7][8]
Products & services
Weatherford’s Drilling & Evaluation products and services include managed-pressure drilling (MPD), directional drilling, logging- and measurement-while-drilling, rotary-steerable systems, drilling fluids and wireline services. Its MPD systems use rotating control devices and automated controls for closed-loop, air, managed-pressure and underbalanced drilling; wireline offerings cover open- and cased-hole logging and cable-conveyed intervention.[9][10][11][12][13] The named Victus™ Intelligent MPD combines equipment, real-time analysis and automated responses to manage bottomhole pressure.[14]
Well Construction & Completions offerings include tubular running and handling, cementation products, completion tools, liner hangers and through-tubing well services. Capabilities include automated rig systems and real-time torque monitoring; cement plugs, float and stage equipment; completion safety valves, packers, downhole monitoring, flow control, multistage fracturing and sand control.[15][16][17][18][19][20] VERO™ OneTouch is an automated tubular system, while TR1P™ is a single-trip completion system designed to install upper and lower completions in one trip.[21][22]
Production & Intervention services encompass re-entry, fishing and abandonment; downhole tools and pressure-control equipment; artificial lift systems—including rod, progressing-cavity, gas, hydraulic and plunger lift—with automation and controls; digital production software, flow measurement, subsea intervention and, in select markets, pressure pumping and reservoir stimulation such as acidizing, fracturing, cementing and coiled-tubing intervention.[4][23][24][25][26][27] Digital offerings support monitoring, control and optimization, including drilling analytics and production surveillance and workflow optimization.[2][25]
In 2025, reported revenue was $1.371 billion for Drilling & Evaluation (27.9% of total revenue), $1.875 billion for Well Construction & Completions (38.1%), and $1.340 billion for Production & Intervention (27.2%); All Other was $332 million (6.8%). These shares are calculated from reported segment revenue and total revenue; the company did not report full-year revenue percentages for individual named products or service lines.[6][2][28] [9][10][11][12][13][14][15][16][17][18][19][20][21][22][4][23][24][25][26][27][2][6][28][14][21][22]
Geographic presence
Weatherford operates in approximately 75 countries, with about 305 operating locations, including manufacturing, research and development, service, and training facilities. Its principal executive offices are in Houston, Texas. Named major service centers include locations in Saudi Arabia, the UAE, Kuwait, Oman, Argentina, the United States, Qatar, and Colombia; research and technology centers are in Houston, Loughborough (UK), and Mumbai (India); and major manufacturing centers are in China, the UAE, Texas, and India.[5][29]
For 2025, revenue was $4.918 billion: North America accounted for $983 million (20.0%) and international markets for $3.935 billion (80.0%). The regional breakdown was Latin America $898 million (18.3%), Europe/Sub-Sahara Africa/Russia $921 million (18.7%), and Middle East/North Africa/Asia $2.116 billion (43.0%). North America is defined as the United States and Canada; the reported figures do not break revenue down by individual country.[30][31] In the six months ended June 30, 2026, revenue totaled $2.257 billion: North America $425 million (18.8%), Latin America $420 million (18.6%), Europe/Sub-Sahara Africa/Russia $490 million (21.7%), and Middle East/North Africa/Asia $922 million (40.9%).[32] [5][29][30][31][32]
Business segments
Weatherford International plc reports three reportable segments: Drilling and Evaluation (DRE), Well Construction and Completions (WCC), and Production and Intervention (PRI). “All Other” comprises non-core activities and is not a separately reportable segment; the company does not present a second reportable segment structure.[28][33]
For fiscal 2025, DRE provided managed pressure drilling, drilling services, wireline and drilling fluids, with offerings extending from well planning through reservoir management. It generated $1,371 million, approximately 27.9% of total revenue.[34][6] WCC focused on well-integrity products and services across the well lifecycle, including tubular running, cementation, completions, liner hangers and well services; it generated $1,875 million, approximately 38.1%.[35][6] PRI focused on reservoir stimulation and engineering, intervention services and drilling tools, artificial lift, digital solutions, subsea intervention and pressure pumping in select markets; it generated $1,340 million, approximately 27.2%.[36][6]
Total 2025 revenue was $4,918 million. All Other revenue was $332 million, approximately 6.8% of the total. Segment percentages are calculated from reported revenue and rounded to one decimal place.[6] [28][33][34][6][35][6][36][6][6][6]
Company history
Weatherford traces its origins to the Weatherford Spring Company, established in Weatherford, Texas; a secondary source dates the founding to 1941. In 1998, the merger of EVI and Weatherford Enterra created EVI Weatherford, which later that year adopted the Weatherford International name.[37][38][39][40]
The company expanded through acquisitions, including Gas Services International, Oakwell Compressor Packages and Alpine Oil Services in 2000, followed by Precision Drilling’s Energy Services and International Contract Drilling divisions in 2005. In 2019, Weatherford filed for Chapter 11 protection and completed a financial restructuring that reduced funded debt by about $6.2 billion. It acquired digital-solutions provider Datagration in 2024 and completed its acquisition of NCS Multistage in 2026.[41][42][43][44][45][46][47][48]
Sources
- Weatherford International plc — Full financial report (2025 Y)
- www.weatherford.com[7]
- www.weatherford.com[8]
- www.weatherford.com[14]
- www.weatherford.com[21]
- www.weatherford.com[22]
- Weatherford International plc — Full financial report (2026 Q 2)[32]
- www.weatherford.com[37]
- en.wikipedia.org[38]
- www.weatherford.com[39]
- www.weatherford.com[40]
- www.weatherford.com[41]
- www.weatherford.com[42]
- www.weatherford.com[43]
- www.weatherford.com[44]
- www.weatherford.com[45]
- www.weatherford.com[46]
- www.weatherford.com[47]
- www.weatherford.com[48]
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