NexTier Oilfield

Summary
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. As of December 31, 2021, it had approximately 2.1 million of fracturing hydraulic horsepower, 101 wireline trucks, and 76 pumpdown units. The Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. This segment also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2021, it had approximately 17 coiled tubing units and 74 cementing units. The company serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.

History

NexTier Oilfield was founded in 2019 as a combination of two of the world’s leading oilfield service companies - C&J Energy and Keane Group. This merger created the top-tier oilfield service company with an expansive footprint and superior track record in safety and service quality.


Mission
Our mission is to provide safe, reliable and efficient services that result in exceptional customer value.

Vision
Our vision is to be the best partner for our customers enabling them to maximize the value of their oil and gas assets through our integrated services.

Key Team

Mr. Kevin M. McDonald (Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec.)

Mr. Ian R. Henkes (Sr. VP of Operations)

Mr. Oladipo O. Iluyomade (VP, Chief Accounting Officer & Treasurer)

Mr. Michael James Sabella (VP of Investor Relations & Bus. Devel.)

Mr. John Lewis PMP (VP of Health, Safety & Environmental Operations & Compliance)

Mr. William D. Driver (Sr. VP of Product Lines)

Mr. Michael J. McKie (Pres of Alamo Pressure Pumping)


Recognition and Awards
We take pride in our commitment to safety, providing innovative industry-leading technologies, and delivering excellence in oilfield services. We have been recognized by industry leaders and awarded several awards including the API Well ICCP Certification Award and the National Oilwell Varco Drilling Optimization Award.

References
NexTier Oilfield
Leadership team

Mr. Robert Wayne Drummond Jr. (CEO, Pres & Director)

Mr. Kenneth H. Pucheu (Exec. VP & CFO)

Mr. Matthew Gillard (Exec. VP & COO)

Products/ Services
Industrial, Innovation Management
Number of Employees
1,000 - 20,000
Headquarters
Houston, Texas, United States
Established
1973
Company Registration
SEC CIK number: 0001688476
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
NEX
Social Media
Fri Mar 01 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium