NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier") and National Oilwell Varco, Inc. (NYSE: NOV) ("NOV") today announced that the two companies recently entered into an agreement to collaboratively field test NOV’s electric fracturing system known as the Ideal™ eFrac fleet.

NexTier油田解决方案公司(纽交所:NEX)和国民油井华高公司(NOV)今天宣布，两家公司最近达成了一项协议，将合作现场测试NOV的名为Ideal™eFrac fleet的电力压裂系统。

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The Ideal eFrac fleet provides efficient, environmentally conscious hydraulic fracturing capabilities that dramatically reduce emissions, equipment, and complexity at the well site.

理想的eFrac压裂车队可以提供高效、环保的水力压裂能力，大幅减少井场的排放、设备和复杂性。

Under the terms of the agreement, NexTier and NOV will collaborate to test the operational capability of the Ideal eFrac prototype in the field and under normal operating conditions. The agreement provides NexTier the option to transform from the test phase to the future purchase of the first Ideal eFrac fleet manufactured by NOV.

根据协议条款，NexTier和NOV将合作测试理想eFrac原型机在现场和正常运行条件下的作战能力。根据协议，NexTier公司可以选择从测试阶段转向未来购买NOV公司生产的第一架理想eFrac机群。

"NexTier is excited to partner with a company the caliber of NOV as we explore potential additional wellsite emissions reducing technologies to complement our market leading dual fuel gas powered fleet," said Robert Drummond, President and Chief Executive Officer of NexTier. "This partnership to test NOV’s advanced eFrac technology progresses our journey of identifying the best solutions for NexTier and its customers, and evidences our commitment to further reducing our carbon footprint. By aligning with a quality partner like NOV and its Ideal technology, we have the ability to significantly lower the risk associated with next generation eFrac adoption and its deployment. We are proud of our progress and commitment to provide innovative solutions for the benefit of customers, employees, communities and investors."

NexTier总裁兼首席执行官Robert Drummond表示:“NexTier很高兴能与NOV这样的公司合作，我们将探索潜在的更多井场减排技术，以补充我们市场领先的双燃料天然气动力车队。”“这次测试NOV先进eFrac技术的合作，推动了我们为NexTier及其客户寻找最佳解决方案的过程，也证明了我们进一步减少碳足迹的承诺。通过与NOV等优质合作伙伴及其理想技术的合作，我们有能力显著降低采用下一代eFrac及其部署的风险。我们为我们的进步感到自豪，并致力于为客户、员工、社区和投资者提供创新的解决方案。”

"We appreciate the opportunity to advance our Ideal e-Frac technology with the help of the team at NexTier, a leading provider of completions services to the oil and gas industry," said Clay Williams, President and Chief Executive Officer of NOV. "NexTier is helping make completions technologies cleaner, quieter, and more efficient, which are solutions that oil and gas producers increasingly prefer. Utilizing abundant natural gas to generate electricity, and applying NOV’s technology to drive clean, quiet operations, further strengthens NexTier’s position as an industry leader."

NOV总裁兼首席执行官Clay Williams表示:“NexTier是油气行业领先的完井服务提供商，我们非常感谢NexTier团队的帮助，能够提升我们的理想e-Frac技术。“NexTier正在帮助完井技术变得更清洁、更安静、更高效，这是油气生产商越来越喜欢的解决方案。利用丰富的天然气发电，并应用NOV的技术来推动清洁、安静的作业，进一步加强了NexTier作为行业领导者的地位。”

About NexTier Oilfield Solutions

关于NexTier油田解决方案

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.

NexTier公司总部位于德克萨斯州休斯顿，是美国陆地油田服务行业领先的公司，在最活跃和需求最大的盆地提供多种完井和生产服务。我们的综合解决方案今天提供了效率，我们持续的创新承诺帮助我们的客户更好地解决未来的问题。NexTier的差异化体现在四个方面:安全性能、效率、合作和创新。在NexTier，我们相信从盆地到董事会都要践行我们的核心价值观，并通过安全释放价格合理、可靠和充足的能源来帮助客户赢得胜利。

About NOV

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