Corva and NexTier Oilfield Solutions have announced a strategic technology partnership designed to optimize completions, reduce well costs and improve ESG performance by leveraging the combined strengths of their digital oilfield solutions, the companies announced July 26. The partnership provides a single, unified solution to accelerate innovation and optimize every completions operation.
For operators, the Corva/NexTier collaboration delivers an entirely new realm of data-driven benefits for every NexTier fracturing fleet. These include customized visualization platforms, instantaneous communications, 24/7, dedicated engineering expertise, automated, AI-powered fail-safes and alerts and a significant reduction of nonproductive time.
“Through our strategic partnership with NexTier, we are bringing together two amazing teams with a shared vision and common culture of continuous innovation and improvement,” Ryan Dawson, CEO and founder of Corva, said. “We’ve enabled a revolutionary synergy of people, technology and data that creates new opportunities to drive out inefficiencies at the wellsite, maximize returns on every new well and elevate ESG. It’s exciting for us to leverage NexTier’s NexHub extensive digital infrastructure, and I can’t wait to see the future of completions with Corva as an innovation accelerator,” Dawson commented.
NexTier’s NexHub Digital Center integrates digital technologies and industry expertise to optimize remote operations engineering, trucking and supply-chain logistics, and equipment health monitoring. Leveraging Corva’s advanced analytics, KPIs, and robust visualization platform in a recent field test, NexTier safely completed more than 100 stages from a first-of-its-kind control center, located more than 50 miles from the wellsite.
“Real-time data and analytics enable us to manage completions remotely and transition crews out of the red zone, which provides unprecedented power to reduce cost per barrel, minimize risks, and boost efficiencies for our customers,” Robert Drummond, President and CEO of NexTier Oilfield Solutions, said. “Our NexHub Digital Center had already made great strides in integrating activities and improving data transparency across the full scope of the wellsite. And now, partnering with Corva, we’re able to achieve a whole new level of digital optimization.”
Leveraging Corva's drilling and completions platforms, the partnership will enable NexTier to rapidly integrate new digital products and services, as well as providing Corva with a wealth of historical data and wellsite expertise. NexTier’s software development team is working closely with Corva to develop the first generation of NexHub apps, which will be available through the Corva App Store.
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The partnership builds upon Exxon Mobil’s research portfolio of technologies aimed at improving energy efficiency and reducing greenhouse gas emissions.