oil & gas assets
You have accessed this news story:

OFS - Basic will ‘double down’ on workover rigs as NexTier sells C&J - March 2020



Feed Icon
Basic Energy Services acquired NexTier’s well support operations for $93.7 million on March 9, a transaction that shows two companies executing contrasting strategies. While Basic will stress production services by assembling the US’s leading workover fleet by rig count and revenue, NexTier will focus on completions and well construction. Fort Worth, Texas-based Basic started moving in this direction in December when it sold its pressure pumping assets to an unidentified buyer for $52.7 million.......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News