Innovative Digital Solutions NexTier's recent launch of a digital completions platform indicates a strategic shift toward leveraging advanced technology to improve operational efficiency and safety, presenting opportunities to offer complementary digital tools, analytics, and automation solutions to enhance their technological capabilities.
Mergers and Consolidation The recent merger with Patterson-UTI and the closure of facilities suggest a focus on optimizing operational footprint and reducing redundancies, providing a chance to introduce efficient supply chain services, infrastructure management, or cost-saving solutions tailored for a consolidated operation environment.
Focus on ESG With the release of their Corporate Responsibility Report and ongoing ESG commitments, NexTier may be looking to enhance sustainable practices, creating opportunities to offer eco-friendly technologies, renewable energy solutions, or environmental consulting services aligned with their sustainability goals.
Growth and Expansion Operating across demanding US land basins with over 1,000 employees and significant revenue, NexTier is positioned for growth in the onshore oil and gas market, opening avenues for sales of advanced equipment, integrated services, and operational support solutions aimed at boosting production efficiency.
Technology Adoption With a tech stack that includes Azure DevOps, VMware, and other digital tools, NexTier demonstrates a strong inclination toward adopting modern technology, offering a receptive market for innovative IT solutions, cybersecurity services, and digital transformation consulting to optimize their operations.