Patterson-UTI Buys NexTier Creating Shale-Services Giant
A combination of the companies’ pressure-pumping units would make it the No. 2 fracker with control of almost one-fifth of the market.
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A combination of the companies’ pressure-pumping units would make it the No. 2 fracker with control of almost one-fifth of the market.
Patterson-UTI Energy Inc. agreed to acquire NexTier Oilfield Solutions Inc. in an all-stock deal worth $1.9 billion
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Combining Patterson-UTI Energy and NexTier Oilfield Solutions will create a drilling and completions services provider targeting the nation’s shale plays
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