Where does NexGen Oil Tools Inc. rank among US patent assignees?

According to USPTO PatentsView (2015–2025 granted utility patents), NexGen Oil Tools Inc. ranks #49,063 of 49,997 assignees by granted-patent volume, the same sort as the companies listing and top-holders ranking. See /methodology/#corpus-placement.

How many patents does NexGen Oil Tools Inc. hold?

NexGen Oil Tools Inc. holds 5 US utility patents granted between 2022 and 2024, spanning 1 technology areas.

What is NexGen Oil Tools Inc.'s Innovation Score?

NexGen Oil Tools Inc. has an Innovation Score of 39.4 out of 100 (top 38% of the corpus). This composite metric weighs portfolio volume (40%), grant velocity (20%), technology breadth (25%), and claim depth (15%).

Is NexGen Oil Tools Inc.'s patent grant rate increasing or decreasing?

Insufficient historical data is available to calculate a velocity trend for NexGen Oil Tools Inc..

What does claim depth mean for NexGen Oil Tools Inc.'s patents?

NexGen Oil Tools Inc.'s patents average 16.2 claims each. This is an aggregate descriptive count from the grant record; it does not establish claim scope, legal strength, enforceability, or design-around risk.

How is the NexGen Oil Tools Inc. patent data sourced?

All patent data comes from USPTO PatentsView, a public research dataset maintained by the United States Patent and Trademark Office covering US granted utility patents from 2015 to 2025.

USPTO 2015–2025 USPTO PatentsView US Corporation

NexGen Oil Tools Inc.

Q: What technology areas does NexGen Oil Tools Inc. focus on?

NexGen Oil Tools Inc.'s top technology area is E21B (Earth OR Rock DRILLING; Obtaining OIL, GAS, Water, Soluble OR Meltable Materials OR A Slurry OF Minerals From Wells) with 5 patents, ranking #669 of 1,363 assignees active in that subclass. Grants appear in 1 CPC subclasses total.

USPTO PatentsView assignee record - 5 granted patents across 1 technology areas, recorded in grant years 2022–2024. Grant-trend analysis is cross-referenced to USPTO Patent Public Search; it does not measure application filings, current R&D, or legal strength. Primary class: E21B (Earth OR Rock DRILLING; Obtaining OIL, GAS, Water, Soluble OR Meltable Materials OR A Slurry OF Minerals From Wells).

Compiled by PlainPatent · May 15, 2026

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The verdict

According to USPTO PatentsView, Nexgen ranks #49,063 of 49,997 tracked US assignees by granted-patent volume, with 5 patents across 1 technology areas.

#49,063
of 49,997 US assignees by volume: Top 38%
by Innovation Score (39.4/100): 16.2
avg claims per patent

USPTO PatentsView assignee plate

Corpus R49063 · US Corporation #49,063 · 5 grants

GRANTS-MICRO · BOTTOM-DECILE · PHOTO-FINISH · CPC-NARROW · INNOV-THIN · CLAIMS-RICH · TYPE-USCORP · SPAN-YRS · BOOK-RICH

GRANTS-MICRO 5 grants
BOTTOM-DECILE #49,063/49,997
PHOTO-FINISH Newcrest Mining
CPC-NARROW E21B · 1 areas
INNOV-THIN 39.4/100
CLAIMS-RICH 16.2 claims/avg
TYPE-USCORP US Corporation
SPAN-YRS 2022–2024 · 3y
BOOK-RICH 9/10 fields

Nearest grant-volume peer: Newcrest Mining Limited (±0 grants)

Instrument codes from this assignee’s USPTO PatentsView grant sheet: volume band, corpus rank, photo-finish peer, lead CPC, Innovation Score, claim depth, assignee type, velocity, and book completeness. Not a USPTO rating of patent strength.

How Nexgen’s 39.4 Innovation Score adds up

The same four weighted components behind every Innovation Score on PlainPatent: portfolio volume, grant velocity, technology breadth, and claim depth.

Volume 6.2 pts (16%) Velocity 20.0 pts (51%) Breadth 3.5 pts (9%) Claim depth 9.7 pts (25%)

Qualcomm Incorporated · highest

85
NexGen Oil Tools · this assignee

39
3D Lighting… · lowest

7

What this shows Nexgen's Innovation Score is 39.4/100 (top 38% of the PatentsView-derived corpus). The chart places that score against the nearest Innovation Score peers plus corpus poles, not a reprint of the volume ranking.

Does more volume mean deeper claims for Nexgen?

Each dot is one of Nexgen’s 8 nearest volume peers (same corpus rank neighbourhood as the chart above), placed by total granted patents (horizontal) against average claims per patent (vertical). Nexgen’s own 16.2 claims/patent is ABOVE the 14.8 median for these volume peers. More thorough claims than most filers at this scale, not just more of them.

Nexgen vs its 8 nearest volume peers: granted patents vs average claims per patent. Source: USPTO PatentsView.

Where Nexgen's grants concentrate

NexGen Oil Tools Inc. is a focused PatentsView assignee: 1 CPC subclasses with 100% of grants classified under E21B (Earth OR Rock DRILLING; Obtaining OIL, GAS, Water, Soluble OR Meltable Materials OR A Slurry OF Minerals From Wells). Peak complete grant year is 2022 (2 grants) versus a trough of 1 in 2023. By volume, Nexgen sits between NewStore Inc. and Next Paradigm Inc..

Nexgen's three-year grant acceleration

NexGen Oil Tools Inc. shows 5 grants in 2022–2024 against only 0 in 2019–2021. That prior window is too thin for a growth multiple (rename and spin-out assignees look artificially high when the baseline is near zero), so PlainPatent withholds a ranked acceleration claim here.

Newstore

5
Newcrest Mining

5
Newpark Drilling…

5
Newtonstein USA

5
Nextech AR Soluti…

5
Nexagen

5
Nexe Innovations

5
Next Paradigm

5
Nexgen Oil Tools ◀

5

What this shows NexGen holds 5 patents at rank #49,163, shown against the 8 assignees closest to it in grant volume rather than the industry's largest filers.

Companies ranked near NexGen

By rank, the assignees closest to #49,163 in granted patent volume.

Leaders in E21B (Earth OR Rock Drilling)

Other assignees with the most granted patents in NexGen's primary technology class.

Nexgen's Innovation Score vs. every tracked assignee

Composite of portfolio volume, grant velocity, technology breadth, and claim depth (0–100)

39 Top 38% higher than 62% of 49,997 US assignees

Each bar is a band; taller bars hold more US assignees. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source USPTO PatentsView, PlainPatent Innovation Score · 2015–2025

USPTO utility patent grants by year · 2022–2024

Grants by year

Teal-shaded recent years (2020–present) versus the 2022–2019 baseline. Full figures in the table below.

View data table

NexGen Oil Tools Inc. patent grants by year, 2015–2025
Year	Patents Granted	Share of Period
2022	2	40.0%
2023	1	20.0%
2024	2	40.0%

Which technologies does NexGen Oil Tools Inc. patent most?

E21B - Earth OR Rock DRILLING; Obtaining OIL, GAS, Water, Soluble OR Meltable Materials OR A Slurry OF Minerals From Wells 5

Top 1 of 1 technology areas

More on this record

Data Source

USPTO PatentsView, US granted patents 2015–2025

View all rankings → How is Innovation Score calculated?

What to do with this data

NexGen Oil Tools Inc.'s patent record in context - here's where to go next.

NexGen Oil Tools Inc.'s lead technology class is E21B (Earth OR Rock DRILLING; Obtaining OIL, GAS, Water, Soluble OR Meltable Materials OR A Slurry OF Minerals From Wells), 100% of its portfolio - see every assignee active in that class. Explore E21B
Ranked #49,063 of 49,997 tracked assignees by patent volume - see the full leaderboard. See the ranking
Compare NexGen Oil Tools Inc. against NewStore Inc., an assignee filing at a similar volume. Compare portfolios
Innovation Score of 39.4/100 blends volume, velocity, technology breadth, and claim depth. How it's calculated

Figures reflect USPTO PatentsView grant data through May 2026; pending applications not yet granted are not counted.

Data sourced from USPTO PatentsView - official U.S. government patent data. See our methodology for computation details. Retrieved and formatted by PlainPatent

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the USPTO PatentsView database. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

Data sources used on this page

USPTO PatentsView - the disambiguated bulk patent-grant, assignee, and CPC data this page's figures are derived from. patentsview.org
Cooperative Patent Classification (CPC) - the joint USPTO/EPO classification scheme used to group patents by technology area. cooperativepatentclassification.org
USPTO Patent Public Search - the official interface to verify the status of any individual patent. ppubs.uspto.gov

Compiled by PlainPatent , US Patent Intelligence Editorial Process · May 15, 2026

Every figure on PlainPatent is rendered directly from USPTO source data, no number is typed in by an editor. This page draws directly on USPTO source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of May 2026.