Company Profile
Basic Energy Services, Inc. provides a range of well site services to oil and gas drilling and producing companies in the United States. It operates in four segments: Well Servicing, Fluid Services, Completion and Remedial Services, and Well Site Construction Services. The Well Servicing segment provides services, including the drilling of a well bore; installation and removal of downhole equipment; elimination of obstructions in the well bore to facilitate the flow of oil and gas; and plugging and abandonment services. This segment operates a fleet of 387 well servicing rigs and 10 drilling rigs. The Fluid Services segment provides oilfield fluid supply, transportation, and storage services, which include transportation of fluids used in drilling and workover operations; sale and transportation of fresh and brine water; and operation of company-owned fresh water and brine source wells. This segment operates a fleet of 645 fluid services trucks and related assets, including specialized tank trucks, storage tanks, water wells, disposal facilities, and related equipment. The Completion and Remedial Services provides pressure pumping services, such as cementing, acidizing, fracturing, coiled tubing, and pressure testing; rental and fishing tools; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. It operates 118 pressure pumping units; 42 air compressor packages, including foam circulation units for underbalanced drilling; and 12 wireline units for cased-hole measurement and pipe recovery services. The Well Site Construction Services segment engages in the preparation and maintenance of access roads; building of drilling locations; installation of small gathering lines and pipelines; and maintenance of production facilities. The company serves oil and gas companies located in Texas, New Mexico, Oklahoma, Arkansas, Kansas Louisiana, and the Rocky Mountain states. Basic Energy Services is based in Midland, Texas.
