Basic Energy Services Inc.
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Basic Energy Services provides wellsite services essential to maintaining production from the oil and gas wells within its operating areas. The Company’s operations are managed regionally and are concentrated in major United States onshore oil-producing regions located in Texas, New Mexico, Oklahoma, Arkansas, Kansas, Louisiana, Wyoming, North Dakota, California and Colorado. Our operations are focused in liquids-rich basins that have historically exhibited strong drilling and production economics in recent years with a significant presence in the Permian Basin, Powder River Basin and the Bakken, Eagle Ford and Denver-Julesburg shales. We provide our services to a diverse group of over 2,000 oil and gas companies.
Editor's note: Updated Dec. 13, 2019.
Symbol(s)
Headquarters Address
801 Cherry Street, Suite 2100
Fort Worth, TX 76102
United States
Website
www.basicenergyservices.comMain Phone Number
News
The Federal Reserve Bank of Dallas has doubled its estimates for job losses this year through October in the oil and gas industry of…
Basic Energy Services revealed a plan on Dec. 12 to divest of its pumping services assets in multiple transactions with expected…
Basic Energy Services said CEO T.M. “Roe” Patterson notified the company on Sept. 13 that he plans to transition away from the company…
Basic Energy Services is launching a new subsidiary that will move and dispose oilfield wastewater in the Permian Basin along with…
Rig #1826, based in Big Spring, Texas, along with a bundled Basic high-spec ancillary equipment package successfully drilled out frac…
New Financings
Has priced its previously announced offering of $300 million aggregate principal amount of 10.75% senior…
Will redeem its 7.125% senior notes. The Bank of New York Mellon Trust Co. NA is the trustee under the…
The company reported the pricing of a secondary public offering of 5,000,000 shares of common stock owned…
The company reported the commencement of a secondary public offering of 9,000,000 shares of common stock…
The company has commenced an offering, through a Rule 144A private placement, of up to $175 million of…
Transactions
Basic Completes Acquisition Of Pioneer Fishing And Rental
Basic Completes Acquisition Of Pioneer Fishing And Rental
Basic Completes Acquisition Of Pioneer Fishing And Rental
Basic Completes Acquisition Of Pioneer Fishing And Rental