EnergyPoint Research took particular interest in the recent announcement that John King, President of Weatherford International’s Evaluation, Drilling & Intervention Division, will be leaving the company. King came to Weatherford in 2005 via the company’s purchase of Precision Drilling‘s international drilling and energy services operations.
While at Precision, King was instrumental in developing an organization and culture that, as far as we can tell, was one of the more customer- and value-centric in the industry. In EnergyPoint’s 2004 oilfield services survey, Precision ranked 1st out of 24 providers in total satisfaction. Without King, Precision’s satisfaction ranking fell to 17th in 2006. Continue reading “Executive’s Departure Could Hamper Weatherford’s Progress”