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Weatherford International Ltd. (WFT)

On Feb 9: 15.14 USD   0.00 (0.00%)  
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Weatherford International Ltd.
515 Post Oak Boulevard
Suite 600
Houston, TX 77027-3415
Phone: 713-693-4000
Fax: 713-693-4323
Web Site: http://www.weatherford.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Oil & Gas Equipment & Services
Employees (last reported count): 38,000

BUSINESS SUMMARY
Weatherford International, Ltd. provides equipment and services used for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company offers a range of drilling products and services that include measurement while drilling and logging while drilling, rotary steerable systems, directional drilling services, and drilling-with-casing and drilling-with-liner systems; controlled pressure drilling and well testing products and services comprising managed pressure drilling, underbalanced drilling, and air drilling; wireline products and services that consists of open hole logging, cased hole logging, and slickline; and geoscience services. It also offers tubular running services, cementation tools, liner systems, solid tubular expandable technologies, and drilling tools; intervention services that include fishing, re-entry, and thru-tubing services; decommissioning services; and integrated drilling services. In addition, the company provides completion systems, including cased hole completion systems, sand screens, expandable sand screens, and industrial pumps; artificial lift systems, such as progressing cavity pumps, reciprocating rod lift systems, gas lift systems, electric submersible pumps, hydraulic lift systems, plunger lift systems, hybrid lift systems, and wellhead systems; stimulation and chemical products and services that include production chemical systems, capillary injection technology and services, and fracturing technologies; production optimization products and services comprising well optimization, flow metering, reservoir optimization, optical sensing, and life of well information software; and pipeline and specialty services. As of December 31, 2006, it owned and operated 42 rigs. The company was founded in 1972 and is based in Houston, Texas.
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    OFFICERS
      Pay Exercised
    Dr. Bernard Duroc-Danner , 54
    Chairman, Chief Exec. Officer and Pres
    $ 1.37M $ 9.14M
    Mr. Andrew P. Becnel , 40
    Chief Financial Officer and Sr. VP
    $ 311.00K N/A
    Mr. Burt M. Martin , 44
    Sr. VP, Sec. and Gen. Counsel
    $ 419.00K $ 2.89M
    Mr. Stuart E. Ferguson , 41
    Chief Technology Officer and Sr. VP
    $ 342.00K N/A
    Mr. Keith R. Morley , 57
    Chief Safety Officer, Sr. VP and VP of Operations Support
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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