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Basic Energy Services reports selected operating data for August 2014


Published Sep 15, 2014
Basic Energy Services, Inc.

Basic Energy Services, Inc. reported selected operating data for the month of August 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 72,400 producing a rig utilization rate of 74%, compared to 69% and 76% in July 2014 and August 2013, respectively.

During the month, Basic's fluid service truck count increased by five to 1,024. Fluid service truck hours for the month were 215,100 compared to 214,900 and 200,300 in July 2014 and August 2013, respectively.

Drilling rig days for the month were 310 producing a rig utilization of 83%, compared to 89% and 75% in July 2014 and August 2013, respectively.

Tags: Basic Energy Services




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