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                                                                    EXHIBIT 99.2


       WEATHERFORD TO ACQUIRE PETROLINE WELLSYSTEMS FOR (POUND)104 Million

       Adds Latest Sand and Flow Control Technologies to Completions Unit


HOUSTON, Sept. 2, 1999 - Weatherford International, Inc. (NYSE: WFT) today
announced that it has acquired Petroline Wellsystems Limited for (pound)104
million (approximately $165 million), of which (pound)20 million is payable in
cash and (pound)84 million in Weatherford Common Stock.

Petroline, based in Aberdeen, Scotland, is a provider of premium completion
products and services to the international oil and gas industry. It is the
leading provider of flow control equipment in the North Sea and it was the first
company to successfully introduce completion products using new expandable tube
technology.

During the past year, Weatherford has been actively expanding its scope in well
completion systems. The Petroline acquisition adds critical components to
Weatherford's completion capabilities, including Petroline's patented expandable
sand screen and slotted tube technology. This stable of "best-in-class"
technologies will complement Weatherford's other completion strengths in liner
hangers, production packers, inflatable packers, well screens and intelligent
well technology.

In addition, Petroline's strong engineering capabilities will add to
Weatherford's product development competencies. With its wide global reach,
Weatherford expects to rapidly increase the availability and use of Petroline's
products and services.

Petroline's product lines include premium flow control equipment and a range of
specialized valves used for well completion, maintenance and reservoir
isolation. Petroline also provides a variety of other premium products used for
completion of offshore and deep wells.

Petroline's patented expandable slotted tubing (EST) products place it at the
forefront of completion technology. The EST product line includes expandable
sand screens, expandable completion liners, expandable isolation sleeves and
expandable alternate bore liners.

These new technologies offer substantial cost savings and reservoir enhancement
benefits when compared with traditional completion methods such as gravel
packing or cemented and perforated liners. Petroline developed many of these
products as the first licensee of Shell's expandable tubular technology.

"We are extremely excited about the addition of Petroline to the Weatherford
group" said Bernard J. Duroc-Danner, Weatherford's Chairman and Chief Executive
Officer. "We believe that the combination of Petroline's technology and people
will provide us with a platform on which to expand into the high margin premium
offshore and international completion markets." "Additionally, Petroline's
patented EST technology should provide us with an important competitive
advantage in providing our customer with high value-added completion systems.
Petroline represents a key component of our long-term completion strategy."


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Houston-based Weatherford International, Inc. is one of the largest global
providers of engineered products and services to the drilling and production
sectors of the oil and gas industry.

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Contact:
Don Galletly   (713) 693-4148
Bruce Longaker  (713) 693-4161