EXHIBIT 99.2




[WEATHERFORD]                                                     News Release


                 WEATHERFORD COMMENCES SERVICE RIG COUNT REPORT
                  NORTH AMERICAN RIG COUNT UNDER NEW DIRECTION

HOUSTON, January 30, 2002 - - Weatherford International, Inc. (NYSE: WFT) today
announced the re-launch of the Weatherford/Association of Energy Service
Companies (AESC) Service Rig Count. This monthly service is being provided by
Weatherford, in conjunction with the AESC. This monthly report replaces the
Guiberson Service Rig Count. Weatherford acquired Guiberson late last year.

     The Weatherford/AESC Service Rig Count is now available on the Weatherford
website at www.rigcount.weatherford.com. It is also available by e-mail through
subscription at rigcount@weatherford.com and published in each edition of the
AESC Well Servicing magazine.

     Because this index has served the industry well since 1977, Weatherford and
AESC are committed to continue making this North American well service
information reliable, readily available, and a meaningful indicator for the oil
industry and industry observers.

     Houston-based Weatherford International, Inc. (HTTP://WWW.WEATHERFORD.COM)
is one of the largest global providers of innovative mechanical solutions,
technology and services for the drilling and production sectors of the oil and
gas industry. Weatherford operates in over 100 countries and employs
approximately 14,000 people worldwide.

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Contact:

Karen Gillen-Allen      (713) 693-4248

Don Galletly            (713) 693-4148