Subsidy Tracker Parent Company Summary
Parent Company Name:
Weatherford International
Ownership Structure:
publicly traded (ticker symbol WFT)
Headquartered in:
Ireland (reincorporated for tax reasons)
Major Industry:
oilfield services and supplies
Specific Industry:
oilfield services
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $12,984,839 | 30 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $12,984,839 | 30 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
WEATHERFORD
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Louisiana | $11,904,043 | 23 |
| Colorado | $564,144 | 1 |
| Texas | $400,466 | 1 |
| Utah | $58,675 | 4 |
| California | $57,511 | 1 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Weatherford U.S., L.P. | Louisiana | state | 2009 | $7,853,495 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2015 | $1,103,359 | property tax abatement | |
| Weatherford U.S., L.P. | Louisiana | state | 2015 | $598,665 | property tax abatement | |
| Weatherford U.S., L.P. | Colorado | state | 2013 | $564,144 | tax credit/rebate | |
| Weatherford U.S., LP | Louisiana | state | 2008 | $481,756 | property tax abatement | |
| Weatherford U.S., L.P. | Louisiana | state | 2010 | $459,494 | property tax abatement | |
| Weatherford U.S., L.P. | Louisiana | state | 2015 | $458,025 | property tax abatement | |
| Weatherford US LP | Texas | state | 2011 | $400,466 | training reimbursement | |
| Weatherford U.S., L.P. | Louisiana | state | 2013 | $187,500 | enterprise zone | |
| Weatherford Artificial Lift Systems, LLC | Louisiana | state | 2015 | $187,465 | enterprise zone | |
| Weatherford U.S., LP | Louisiana | state | 2016 | $119,886 | property tax abatement | |
| Weatherford U.S., L.P. | Louisiana | state | 2014 | $113,240 | enterprise zone | |
| Weatherford U.S., LP | Louisiana | local | 2014 | $72,402 | property tax abatement | |
| Weatherford U.S., L.P. | Louisiana | state | 2013 | $67,500 | enterprise zone | |
| Weatherford Artificial Lift Systems Llc | California | state | 2016 | $57,511 | training reimbursement | |
| Weatherford U.S., LP | Louisiana | state | 2008 | $49,202 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2010 | $38,001 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2009 | $37,771 | property tax abatement | |
| WEATHERFORD FRACTURING TECHNOLOGY | Utah | state | 2009 | $34,670 | training reimbursement | |
| Weatherford U.S., L.P. | Louisiana | state | 2013 | $30,000 | enterprise zone | |
| Weatherford U.S., LP | Louisiana | state | 2010 | $12,481 | property tax abatement | |
| WEATHERFORD INTERNATIONAL | Utah | state | 2009 | $10,080 | training reimbursement | |
| WEATHERFORD INTERNATIONAL | Utah | state | 2010 | $9,800 | training reimbursement | |
| Weatherford U.S., LP | Louisiana | state | 2012 | $7,163 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2011 | $7,077 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2013 | $6,204 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2009 | $5,304 | property tax abatement | |
| Weatherford U.S., LP | Louisiana | state | 2015 | $4,738 | property tax abatement | |
| Weatherford International | Utah | state | 2011 | $4,125 | training reimbursement | |
| Weatherford U.S., LP | Louisiana | local | 2014 | $3,315 | property tax abatement | |
| Weatherford U.S., L.P. | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| Weatherford International Inc #2 | Texas | local | 2008 | undisclosed | tax credit/rebate | |
| Weatherford International Inc. #1 | Texas | local | 2009 | undisclosed | tax credit/rebate | |
| WEATHERFORD ARTIFICIAL LIFT SYSTEMS, LLC | Texas | state | 2003 | undisclosed | enterprise zone | |
| WEATHERFORD ARTIFICIAL LIFT SYSTEMS, LLC | Texas | state | 2003 | undisclosed | enterprise zone | |
| WEATHERFORD ARTIFICIAL LIFT SYSTEMS, LLC | Texas | state | 2003 | undisclosed | enterprise zone | |
| WEATHERFORD ARTIFICIAL LIFT SYSTEMS, LLC | California | state | 2014 | undisclosed | training reimbursement |
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