CLOs on the Move

NexTier Oilfield Solutions

www.nextierofs.com

 
NexTier Oilfield Solutions is a leading provider of integrated completions focused on accelerating production in the most demanding US land basins.
  • Number of Employees: 1K-5K
  • Annual Revenue: > $1 Billion

Executives

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Sigma Cubed

Enhanced collaboration among geoscientists and engineers extracts maximum value from subsurface data, resulting in improved hydrocarbon recovery. However, the explosive growth in the unconventional space has left a significant gap in the ability of oil companies to answer critical questions that lead to inconsistent well production, and increased OPEX and CAPEX. Having confidence about where to drill, where and how to frac and complete, and where to invest requires dynamic GeoEngineering models that can adapt for proper understanding of today's complex heterogeneous reservoirs. Combining best-in-class geoscience and engineering technology, SIGMA³ Integrated Reservoir Solutions leverages decades of industry experience to generate high-resolution subsurface models constrained by seismic and well data. Via its proprietary Real-Time Dynamic Earth Modeling™ (RTDM) workflow, real-time completions data and microseismic events are integrated and interpreted in tandem with the geologic models, well geometries, and reservoir property predictions – leading to better drilling decisions, and better business outcomes for clients. SIGMA³ offers technology, expertise and services ranging from reservoir understanding, field development planning to production optimization. This integration of geoscience and engineering forms the foundation of SIGMA³ GeoEngineering solutions, including earth modeling and imaging; seismic-driven reservoir characterization and Continuous Fracture Modeling (CFM™); hydrofrac engineering design and microseismic fracture and field monitoring. Oil and gas operators are looking for insight about how to drill and complete their wells and maximize reservoir potential across the life of the asset. SIGMA³ believes that smart use of fit-for-purpose technologies in a Real-Time Dynamic Modeling workflow gives E&P companies the power to implement the best solution and enhance production efforts, reduce drilling and completion costs, and drive profitability.