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Stock impact report

Weatherford Introduces Magnus™ Rotary Steerable System

WEATHERFORD INTL (WFT) 
Last weatherford intl earnings: 2/1 06:50 am Check Earnings Report
US:NYSE Investor Relations: weatherford.com/en/investor-relations
Company Research Source: PR Newswire
BAAR, Switzerland, April 26, 2018 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) today announced the commercial release of the http://www.weatherford.com/raptor2.0 Magnus™ rotary steerable system, which combines reliable, high-performance drilling with precise directional control. The push-the-bit tool is designed for deployment in nearly any drilling scenario, including high doglegs.Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/7941152-weatherford-magnus-rotary-steerable-system/Key features of the Magnus system include fully independent pad control, a fully rotating bias unit with minimal bottomhole-assembly (BHA) stabilization, real-time BHA diagnostics and autopilot functionality. The system comprises several modular components to facilitate quick and easy maintenance, even in remote locations. "The Magnus system represents a major shift in the way that Weatherford approaches directional drilling, and has great potenti Show less Read more
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