Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V.
The multi-year contract includes MPD services for an initial 8 wells with the potential to expand to 24 wells. The award reinforces Weatherford’s market leadership in high-performance MPD and expands its presence in Mexico’s offshore energy sector.
As part of the project, Weatherford will deploy its Victus™ intelligent MPD system, a solution designed to enhance drilling safety, efficiency, and performance. Built on decades of global MPD experience, Victus™ features algorithm-driven pressure control, real-time downhole data for automated responses, and the industry’s first field-proven deepwater riser system for floating rigs. The system delivers safer, faster, and more consistent drilling while providing performance across multiple phases of the well.
Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “We are proud to support Woodside Energy on this historic project. The Trion development represents a defining moment for Mexico’s energy sector, and Weatherford is honored to contribute with trusted MPD technologies that improve safety, efficiency, and well delivery. This award further strengthens our position as a trusted partner for complex offshore operations.”