NexTier Oilfield Solutions Inc.

permeability."

NexTier Oilfield Solutions Inc., with its subsidiaries, is offering well completion and production services in a lot of active and intense basins. It operates in two divisions, Completion Services and Well Construction and Intervention Services. Completion Services provides hydraulic fracturing services to increase the production of oil and gas from formations that have restricted “permeability”. The ability of fluids to penetrate and limited movement of hydrocarbons; wireline operations; and the procedure of creating holes in rocks, pumping down, pipe repair, high-pressure pumping, and well site build-up and inspection services are all provided by Well Construction and Intervention Services. By the end of December 2021, they have a total of 2.1 million hydraulic horsepower for fracturing, 101 wireline trucks, and 76 pumpdown units. They also offer cementing services. This segment designs and manufactures custom mixing and blending machines for exact annulus separation and hydraulic seals, keeping fresh groundwater away from the customer’s desired area. It additionally provides engineering software and specialist direction for remediation of cementing and acidizing to optimize the effectiveness of its customer’s wells. In addition, it offers coiled tubing services to help customers carry out several objectives in their horizontal completion, workover, and well maintenance operations. By the end of 2021, the company had an estimated seventeen coil tubing units and seventy-four cementing units. NexTier Oilfield Solutions Inc. provides services to both combined and independent oil and gas exploration and production businesses, both in the United States and abroad. This company was created in 1973 and its headquarters are located in Houston, Texas.