Weatherford Signs Agreement With DataRobot To Advance AI Capabilities

Weatherford International signed a multiyear agreement with artificial-intelligence (AI) company DataRobot to deliver advanced AI in its digital platforms, including the ForeSite production optimization and Centro well construction platforms. By forging this new relationship with DataRobot, Weatherford plans to accelerate the development of machine learning (ML) and AI-enabled offerings within its digital solutions portfolio to deliver innovative technologies to the market. Providing an integrated solution combining physics-based and AI models at scale enables understanding and leveraging large quantities of data from every corner of an asset to improve operations performance. "We began our Industry 4.0 journey in 2017 by introducing our first AI/ML-based modules in our software platforms," said Matt Foder, Weatherford's senior vice president of innovation and new energy. "This agreement with DataRobot adds a solid foundation to operationalize and scale these modules and those of our customers, providing incremental value across the energy industry space. This collaborative innovation is aligned with our promise of delivering open and flexible digital platforms to our users."