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NexTier Acquires all of Alamo’s Pumping Operations
NexTier Oilfield Solutions Inc. recently acquired all pressure pumping operations of Alamo Pressure Pumping LLC. This consolidation will be a value-add for NexTier customers and investors, says its CEO.
“We are pleased to have Alamo join the NexTier team, which we expect to accelerate and magnify the impact of our low-cost, low-carbon strategy, solidify our market leadership position in next-generation technologies and enhance long-term shareholder value,” said Robert Drummond, president and chief executive officer of NexTier. “The consolidation of Alamo onto our existing platform of complementary integrated solutions and proprietary digital operating system positions us to deliver significant value to our customers and investors.”
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