NexTier Oilfield Solutions
-
The US-based drilling contractor and well completions company will combine to form the second-biggest service company in North America. -
Electrically powered completions equipment takes another step toward greater sector adoption with the announcement of this new agreement.
-
Why stimulate horizontal wells one by one when they can be done two at a time? The largest pressure-pumping company in the business says it might even be possible to complete three wells at once.
-
With US oil prices struggling to top $25, oil companies and service providers are making deeper cuts this month to cope. The biggest come from Halliburton which may have shed 5,000 total jobs since the start of the year.
-
Expected to close 31 October, the deal will create one of the largest pressure pumpers in the US.
