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Patterson-UTI, NextTier Oilfield Solutions merge to create $5.4 billion drilling, well completions business

The combined company will have a best-in-class operational and technology portfolio, along with data analytics to maximize well performance. Specifically, the merger will create a leading U.S. contract drilling business with 172 super-spec drilling rigs and a directional drilling business.
United States Andy Hendricks Robert Drummond Energy Inc Nextier Oilfield Solutions Inc Power Solutions

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