Basic Energy Services provides a comprehensive range of wellsite services to oil and natural gas companies across the United States. Founded in 1992 and headquartered in Fort Worth, Texas, the company operates through three main segments: Well Servicing, Water Logistics, and Completion & Remedial Services. The Well Servicing segment is the primary revenue driver, offering services such as maintenance, repair, and replacement of down-hole equipment, as well as plugging and abandonment operations, utilizing a fleet of mobile well servicing rigs. The Water Logistics segment facilitates the transportation, storage, and supply of oilfield fluids, operating numerous fluid service trucks and saltwater disposal wells. Lastly, the Completion & Remedial Services segment provides specialized tools and services, including coiled tubing and snubbing services. With a workforce exceeding 5,700 professionals, Basic Energy Services supports over 2,000 clients in key oil and gas regions, ensuring the productivity and longevity of more than 900,000 existing wells.
Vice President, Permian Business Unit, Rig and Truck Operations
13 past transactions
Pioneer Fishing & Rental Services LLC
Acquisition in 2014
Pioneer Fishing & Rental Services LLC operates its rental and fishing tool business.
Saltwater Disposal of North Dakota LLC
Acquisition in 2012
Saltwater Disposal of North Dakota LLC owns 72 salt water disposal facilities in Texas, Oklahoma, North Dakota, New Mexico and Louisiana.
Surface Stac, Inc
Acquisition in 2012
Surface Stac, Inc provides surface well control rental equipment used during oil and gas well stimulation and completion projects. Its rental inventory consists of a broad range of high-quality wellhead control equipment, which can adapt to virtually any configuration to control well surface pressure and eliminate fluids and materials from the wellbore during hydraulic fracturing operations.
The Maverick Companies LLC
Acquisition in 2011
The Maverick Companies LLC is an oil and gas servicing company, provides well stimulation services in Colorado, Kansas, Montana, Nebraska, New Mexico, Oklahoma, Utah, and Wyoming.
Platinum Pressure Services is a professional pressure cleaning company based in Southwest Florida, offering a comprehensive range of pressure washing services for both residential and commercial properties. The company caters to various locations, including Fort Myers, Gateway, Iona/McGregor, Buckingham, Alva, and Lehigh Acres. Their services encompass pressure washing for houses, mobile homes, pool decks, pool cages, roofs, soffits, gutters, windows, driveways, decks, boat docks, and seawalls. Platinum Pressure Services is recognized for providing competitive pricing in the region, aiming to deliver high-quality solutions tailored to the specific needs of their clients.
Azurite Leasing Company LLC
Acquisition in 2008
Azurite Leasing Company LLC provides fluid transportation and storage services.
Xterra Fishing & Rental Tools Co.
Acquisition in 2008
Xterra Fishing & Rental Tools Co provides rental and fishing operations in the Permian Basin market.
Eagle Frac Tank Rentals, LP
Acquisition in 2007
Eagle Frac Tank Rentals, LP offers trucking services. The Eagle Frac Tank assets include 103 frac tanks located in the Permian Basin market of west Texas. The fleet of frac tanks will be added to the company's existing fluid services truck and tank fleet within its Permian Basin operating regions.
Wildhorse Services, Inc.
Acquisition in 2007
Wildhorse Services, located in Woodward, Oklahoma, provides rental and fishing tool services to the northwestern Oklahoma and Texas Panhandle markets. This business operation will become Basic's 20th location in its Rental and Fishing Tool Services Division within its Completion and Remedial Services segment.
Sledge Drilling Holding Corp.
Acquisition in 2007
Sledge Drilling Holding Corp is operates six medium-depth drilling rigs in the Permian Basin of west Texas and eastern New Mexico.
JetStar Consolidated Holdings, Inc
Acquisition in 2007
JetStar Consolidated Holdings, Inc is operates approximately 35,000 horsepower of pressure pumping equipment in Texas, Oklahoma and Kansas.Basic will combine the JetStar operations with its own pressure pumping assets for a combined service fleet of approximately 95,000 horsepower in the same geographic areas.
Arkla Cementing, Inc.
Acquisition in 2006
Arkla Cementing, Inc provides cementing and acidizing services to the southern Arkansas and northern Louisiana oil and gas markets.
LeBus Oil Field Service Co., Inc.
Acquisition in 2006
LeBus Oil Field Service Co provides transportation, storage, and disposal of oilfield fluids in east Texas and north Louisiana.
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