Weatherford International plc has announced that it has been awarded an eight-year contract by SNGN Romgaz S.A., Romania’s largest natural gas producer and main supplier, and the third-largest gas producer in Europe.
The contract involves providing services for real-time monitoring and transmission of dynamic parameters from gas well wellheads, enhancing production optimization through digital and AI-enabled insights.
This represents Romgaz’s first engagement of such services, demonstrating the company’s commitment to digital transformation and production automation. Under the agreement, Weatherford will implement a wellsite monitoring campaign across thousands of existing wells. Using cloud infrastructure, Weatherford technology will gather critical field data, providing Romgaz with essential information for production decisions. This data will guide in-field automated infrastructure supplied by Weatherford to achieve Romgaz’s production optimisation goals.
Girish K Saligram, president and chief executive officer of Weatherford, commented, “We are proud to support Romgaz in their first deployment of real-time monitoring services. With our technology, expertise, and recent investments in Romania, Weatherford is well positioned to help Romgaz optimise production and build fields of the future with solutions that enable smarter and more reliable operations.”
Razvan Popescu, chief executive officer of Romgaz, added, “Partnering with Weatherford marks a significant step forward in Romgaz’s digital transformation journey. For the first time, we are implementing real-time wellsite monitoring technologies that will provide actionable insights and enhance the efficiency of our operations. This initiative aligns with our strategic objectives of innovation and operational excellence. We are confident that this collaboration with Weatherford represents a strategic first step in integrating AI-driven technologies into our operations and laying the foundation for a new era of intelligent transformation.”
Weatherford’s well monitoring solutions deliver continuous, high-fidelity well data, enabling smarter decision-making and proactive intervention strategies. Implementing these systems will allow Romgaz to gain enhanced visibility of well conditions and optimise production throughout the duration of the contract.