Weatherford Closes CiDRA Acquisition
Weatherford International, Inc. has completed its acquisition of CiDRA's Optical Sensing Systems (OSS) Business Unit.
CiDRA OSS is successfully commercializing a suite of permanent downhole fiber optic sensor systems. The technologies consist of pressure temperature sensors, flow and phase fraction systems, as well as an all-fiber in-well seismic system. CiDRA's systems provide critical downhole intelligence and complement Weatherford's existing completion capabilities, which include advanced completion and field automation products and systems.