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Basic Energy Services reports selected operating data for May 2014


Published Jun 13, 2014
Basic Energy Services, Inc.

Basic Energy Services, Inc. reported selected operating data for the month of May 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,300 producing a rig utilization rate of 70%, compared to 70% and 68% in April 2014 and May 2013, respectively.

During the month, Basic's fluid service truck count increased by three to 1,017. Fluid service truck hours for the month were 213,400 compared to 212,200 and 194,300 in April 2014 and May 2013, respectively.

Drilling rig days for the month were 332 producing a rig utilization of 89%, compared to 81% and 78% in April 2014 and May 2013, respectively.

Tags: Basic Energy Services




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