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                                                                    EXHIBIT 23.3
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
   
     As independent public accountants, we hereby consent to the incorporation
by reference in this Registration Statement on Form S-4 of our report dated
January 29, 1998 included in Weatherford International, Inc.'s (formerly known
as EVI Weatherford, Inc.) Annual Report on Form 10-K, as amended, for the fiscal
year ended December 31, 1997, and our report dated June 15, 1998 with respect to
Weatherford International, Inc.'s supplemental restated financial statements
included in Weatherford International, Inc.'s Current Report on Form 8-K dated
June 15, 1998 as amended by Amendment No. 1 to the Current Report on Form 8-K on
Form 8-K/A dated July 20, 1998 and to all references to our Firm included in
this Registration Statement.
    
 
ARTHUR ANDERSEN LLP
 
Houston, Texas
   
November 20, 1998