Weatherford and Safe Influx Sign MOU for Automated Well Control Technology

By Tim Shea

Acquisition or Partnership

Weatherford International has signed a Memorandum of Understanding (MoU) with Safe Influx, a provider of Automated Well Control technology.  Under the MoU, the companies will cooperate globally to focus on revolutionizing well integrity during the construction phase by bringing to market the integration of Managed Pressure Drilling (MPD) solutions and Automated Well Control technology.

As part of the MoU, Safe Influx will combine its Automated Well Control technology with Weatherford's portfolio of MPD products and services.  This integrated offering will automate the mitigation of drilling hazards, while drilling in the most efficient manner possible.  This cooperation creates market-expansion opportunities, allowing both companies to expand their capabilities and resources.

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