| Energy Equipment & Services Industry | Energy Sector | Charles Thompson CEO | AMEX Exchange | 67091K302 CUSIP |
| US Country | 517 Employees | - Last Dividend | - Last Split | - IPO Date |
Nuverra Environmental Solutions, Inc. (NES) is a specialized service provider dedicated to supporting the shale oil and natural gas sector in the United States. The company is renowned for delivering essential water management solutions, which include transfer and disposal, along with a variety of other vital oilfield services and equipment rentals. These services are crucial throughout the entire lifecycle of shale operations, spanning from the initial drilling and completion phases to ongoing production activities. Nes operates through three well-defined regional divisions: the Rocky Mountain, Northeast, and Southern divisions, ensuring tailored solutions to meet local operational demands. Each division boasts its own fleet of trucks and manages a network of salt water disposal wells, which are branded differently across the regions, such as Landtech, Nuverra, Heckmann, and Clearwater. Additionally, the Southern Division features a significant 60-mile underground twin pipeline network, while the Rocky Mountain Division further extends its offerings by providing oilfield labor services. Originally established in 2007 as Heckmann Corporation, the company underwent a rebranding process in May 2013 to become Nuverra Environmental Solutions, Inc. Furthermore, NES became a subsidiary of Select Energy Services, Inc. on February 23, 2022, amplifying its position within the industry.
NES offers comprehensive water management services including the transfer and disposal of water utilized in shale oil and gas operations. These solutions are critical for ensuring environmental compliance and operational efficiency during the various stages of shale production.
The company provides a diverse range of rental equipment tailored to the needs of the local oilfield industry. This includes essential machinery such as tanks, winch trucks, loaders, manlifts, and light towers, all designed to enhance operational effectiveness.
With a network of strategically located salt water disposal wells, NES enables the safe and regulated disposal of wastewater generated from oil and gas operations. Each division manages its own wells, ensuring region-specific branding and compliance details.
The Rocky Mountain Division extends its offerings by providing oilfield labor services, which includes skilled personnel to support various on-site tasks, ensuring that operations run smoothly and efficiently.
The Southern Division boasts an extensive 60-mile underground twin pipeline network that supports the safe transportation of water and other fluids, significantly enhancing the infrastructure available for shale operations.