HOUSTON, Aug. 23, 2021 /PRNewswire/ -- NexTier
Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company")
today announced that the Company has recently launched the
IntelliStim fracturing optimization system and has completed its
first project for a major operator in the Mid-Continent region.
The proprietary IntelliStim system packages the full array of
NexTier's NexHub® digital technologies into a comprehensive,
value-added offering. It will enable NexTier customers to monitor
every aspect of the completion operation in real time, including
detailed downhole visualizations to verify that the fracturing
treatment is performing as planned.
Exclusive to NexTier, the system builds upon the Company's
focused strategy of integrated wellsite operations that improve
wellsite performance and decrease oilfield operators' ultimate cost
per barrel. Using personnel already on location to quickly deploy
instrumentation, the system is designed to merge seamlessly and
without interruption in today's high-efficiency fracturing
operations.
From pre-job treatment design to offset well monitoring,
stage-by-stage performance assessments and detailed visualizations
of downhole fracture propagation during pumping, all surface and
downhole data will be hosted on the NexHub Digital Center and
displayed using the industry-leading Corva visualization platform.
This empowers all decision makers, whether at the wellsite or from
a remote location, with precise control to make dynamic adjustments
to optimize completion performance.
The IntelliStim system uses Silixa's Carina® sensing system to
assess frac-design performance in real time. The Carina system
incorporates a Constellation fiber-equipped sensing wireline cable
to cost-effectively monitor fracture growth, azimuthal development
and cluster efficiency while pumping. With the ability to be
repeatedly deployed and retrieved in multiple offset wells via a
NexTier wireline truck, this proven Silixa intervention solution
achieves the most accurate measurements and highest signal-to-noise
ratio in the industry.
"Partnering with Silixa brings our leading completions expertise
together with the global leader in fiber-optic sensing," said
Robert Drummond, President and Chief
Executive Officer of NexTier. "In real time, as the operation
progresses, the IntelliStim system provides an unprecedented level
of quality control and efficiency over every component of your
completion program."
Pete Richter, Vice President,
North America at Silixa, added,
"Working shoulder to shoulder with NexTier gives us access to the
largest dedicated wireline fleet in the US, which enables operators
to deploy Silixa's precise crosswell monitoring and microseismic
surveys in more wells – and for a much lower cost than permanently
installing fiber optics along the well casing. In addition, by
integrating our fiber-acquired data into the NexHub Digital Center,
operators gain an exponential increase in the value their data can
provide."
"From a technological perspective, it's the best possible array
of surface equipment, downhole measurements, real-time monitoring
and comprehensive data collection – right at your fingertips,"
commented Otman Algadi, Director of
Commercial Engineering at NexTier. "It's the next step in our
ultimate goal of deploying artificial intelligence across the
wellsite, and we're proud to make it a reality."
About NexTier Oilfield Solutions
Headquartered in
Houston, Texas, NexTier is an
industry-leading U.S. land oilfield service company, with a diverse
set of well completion and production services across the most
active and demanding basins. Our integrated solutions approach
delivers efficiency today, and our ongoing commitment to innovation
helps our customers better address what is coming next. NexTier is
differentiated through four points of distinction, including safety
performance, efficiency, partnership, and innovation. At NexTier,
we believe in living our core values from the basin to the
boardroom, and helping customers win by safely unlocking
affordable, reliable, and plentiful sources of energy.
About Silixa
Headquartered in the UK with satellite
offices in Houston (serving the
oil and gas sector) and Missoula,
Montana (serving the environmental, infrastructure, and
mining sectors), Silixa is the leading independent global provider
of fiber-optic-powered data solutions. We offer an integrated
suite of distributed fiber-optic technologies (DAS, DSS and DTS)
that provides ultrahigh-definition data sets to solve critical
measurement challenges in the alternative energy, mining,
environmental and earth sciences, infrastructure, and oil and gas
sectors. Our dedicated, domain-specific teams deliver world-class,
real-time data solutions that enable our clients to gain actionable
insight into their assets and systems. These solutions are proved
to increase efficiency, prevent loss, reduce operational costs and
extend equipment lifespans.
Media Contact: Samuel DeSarro,
Samuel.DeSarro@icrinc.com
View original
content:https://www.prnewswire.com/news-releases/nextier-teams-with-silixa-to-launch-intellistimsm-frac-optimization-system-completes-first-project-in-mid-continent-region-301360305.html
SOURCE NexTier Oilfield Solutions