Houston-based NexTier Oilfield Solutions Inc. has maintained “relatively consistent activity” even as the U.S. rig count declined, with the oilfield services outlook more positive into 2024 as global demand rises, CEO Robert Drummond said Wednesday. With the slump in commodity prices this year, the U.S. land industry has slowed its roll. As of last Friday…
NexTier
Articles from NexTier
NexTier Swapping More Diesel for Natural Gas-Powered Fleets, but Covid Variants Still Threatening
U.S. land-based NexTier Oilfield Solutions Inc. said pressure pumping work picked up in the final three months of 2021, with more fleets deployed than in the third quarter. The gains came despite the surge of Covid-related infections during December caused by the Omicron variant, management noted. The Houston-based oilfield services firm said it averaged 30…
January 4, 2022
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