Diversifying Operations WITH PURPOSE
C&J OFFERS A RANGE OF TOP-TIER SERVICES THAT HOLD LEADING POSITIONS IN MANY KEY MARKETS.
By focusing on the diversity of our service lines, we support sustainable growth. Executing this long-term strategy through disciplined capital deployment and prudent portfolio management, our number-one goal is to maximize shareholder returns. This approach has proven effective in a number of areas.
In 2018, we were the best-performing well servicing company in North America.* We were also the number-one service provider and market leader for our Casedhole Solutions Wireline and Pumping Services.* Already among our most profitable, these service lines became even stronger when we introduced advanced pressure-control technologies and greaseless cable systems.
For cementing services, we are the fourth-largest provider in the continental U.S. and second-largest in the Permian Basin, supported by an advanced cementing fleet and bulk plants with in-house lab capabilities.* We are a leader in high-spec coiled tubing, with one of the industry’s biggest fleets of large-diameter coil.*
In terms of well/rig support, C&J holds the number-two position in the country,* with 62 percent of those rigs capable of accommodating the most complex jobs. We are also one of the top providers of fluids management (in total trucks and revenue, including saltwater disposal).*
As a service provider with a focus on new wells, we have a leading presence in most active U.S. basins, supporting an equally diverse customer base with no individual exposure greater than 10 percent of the previous year’s returns. As much as possible and across all service lines, we have standardized equipment to promote best-in-class efficiency, safety and quality management.
* in management estimates