Integration of Weatherford’s digital offering with Datagration’s unified data models creates a “powerful solution” for surveillance, optimization and decision-making across the well lifecycle, Weatherford said. (Source: Shutterstock)
Weatherford International said Sept. 3 it acquired Houston-based technology company Datagration Solutions Inc. The financial terms of the acquisition weren’t disclosed.
Weatherford said Datagration is an innovator in unified data integration, analytics and machine learning. “The acquisition establishes Weatherford as having one of the industry's most capable and contemporary digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio,” the company said in the announcement’s release.
Integration of Weatherford’s digital offering with Datagration’s unified data models creates a “powerful solution” for surveillance, optimization and decision-making across the well lifecycle, Weatherford said. The combination enhances Weatherford’s capabilities in digital transformation and drives amplified synergies with its ForeSite, CygNet and CENTRO platforms.
The acquisition also provides digital enablement across the enterprise, creating operating efficiencies, and also allows for the integration of disparate emissions data to enhance emissions tracking, reporting and overall sustainability management that will help deliver improved value to customers.
“This acquisition of Datagration is another step forward as we continue to differentiate our technology portfolio,” Weatherford President and CEO Girish Saligram, said in a press release. “The addition will not only enhance our enterprise capabilities but also accelerate our innovation and growth in the digital transformation of the energy industry. We are excited to welcome the Datagration team to Weatherford and look forward to the value this acquisition will deliver to our customers in the future.”
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