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Basic Energy Services reports selected operating data for February 2014


Published Mar 11, 2014
Basic Energy Services, Inc.

Basic Energy Services, Inc. reported selected operating data for the month of February 2014. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 68,100 producing a rig utilization rate of 73%, compared to 69% and 71% in January 2014 and February 2013, respectively.

During the month, Basic's fluid service truck count increased by five to 1,008. Fluid service truck hours for the month were 189,000 compared to 207,400 and 177,600 in January 2014 and February 2013, respectively.

Drilling rig days for the month were 262 producing a rig utilization of 78%, compared to 69% and 79% in January 2014 and February 2013, respectively.

Tags: Basic Energy Services




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