Weatherford hosts FWRD Digital Conference showcasing cutting-edge technology

World Oil Staff December 03, 2023

(WO) — Weatherford International Plc hosted its 19th annual FWRD Digital Conference on Nov. 7, convening figures from across the energy sector, technology partners, and technical experts from Weatherford.

The conference centered on the exchange of insights on the industry's direction and the transformative impact of digitalization on the energy sector, and showcase digitally enhanced, comprehensive life-of-well solutions.

The 2023 conference highlighted important subjects related to integrated workflows and implementing advanced control systems, leveraging Artificial Intelligence (AI) to enhance operational efficiency, exploring ways for customers to reduce carbon emissions through digitalization, and demonstrates how Weatherford's unique product offerings contribute to tackling these issues through the introduction of new technologies.

Workflow integration + advanced control

  • Centro Well Construction Optimization Platform – Customers can now see an integrated view of Managed Pressure Drilling and real time Drilling data to drive real time simulations for making informed decisions.
  • ForeSite Autonomous Control on the Enterprise – The only Production ecosystem to have customizable autonomous control available on the edge, cloud, and on-premises for rod lift, gas lift, ESP and plunger lift systems.
  • CygNet Thin Web Client – Offers unparalleled flexibility, allowing users to manage operations from any device, anywhere while improving cost efficiency.

AI for operational efficiency

  • CygNet GenAI – The first generative AI application available in a SCADA system designed to significantly reduce reporting timelines and drive operational insights.

Decarbonization through digitalization

  • Foresite Regenerative Power Management System – The first and only regenerative variable-speed drive for rod lift systems, featuring seamlessly integrated power-management technology with a unique ability to recycle energy back to the rod lift system to store and optimize power.

“With an end-to-end asset digitalization mindset, we are focused on driving leading-edge technology innovations that delivers value to our customers throughout the well life cycle,” Girish Saligram, president and CEO of Weatherford, said. “The technology advancements announced today further evidence the spirit of innovation that lives within Weatherford as we continue to deliver a differentiated portfolio that moves the industry forward.”

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