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Basic Energy Services Inc. ( NYSE: BAS )
Latest News & Activity
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Berry Makes 'Stalking Horse' Deal for Basic Energy's California AssetsAugust 18,2021
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Basic Energy Services Files for Bankruptcy; Liquidates AssetsAugust 18,2021
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Basic Energy Services to Sell Non-Core Assets, Disposal Wells for $6.6MMApril 28,2021
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Basic Energy Services Cuts Operational Scope by 40%; Shuffles Exec TeamMay 28,2020
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Basic Energy Services Planning Staff Cuts, Location ClosuresMarch 30,2020
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NexTier Sells Well Support Segment to Basic Energy Services for $94MMMarch 09,2020
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Updated : Frac Companies Permanently Retire 2.4 Million Horse PowerDecember 13,2019
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Basic Energy Exits Frac Market; Sell/Scrap EquipmentDecember 13,2019
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Basic Energy Services CEO Departs CompanySeptember 16,2019
Deals - Basic Energy Services Inc. Acquisitions
Announce Date | Price($MM) | Region/Basin | Headline | |
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Mar-09-2020 | NexTier Sells Well Support Segment to Basic Energy Services for $94MM | |||
Sep-18-2014 | Mid-Continent | Basic Energy Services Acquires Rental Unit from Pioneer | ||
Dec-20-2012 | Williston Basin | Basic Picks Up Bakken Shale Saltwater Disposal Wells | ||
Total |
Deals - Basic Energy Services Inc. Divestiture(s)
Announce Date | Price($MM) | Region/Basin | Headline | |
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Aug-18-2021 | West Coast | Berry Makes 'Stalking Horse' Deal for Basic Energy's California Assets | ||
Apr-28-2021 | United States | Basic Energy Services to Sell Non-Core Assets, Disposal Wells for $6.6MM | ||
Total |
About
With our extensive footprint in the nation’s most prolific basins, Basic Energy Services delivers dependable high-quality services that address a complete range of operational needs. Our geographic reach and service capacity mean customers benefit from the best servicing solutions regardless of the challenge, complexity or phase in the well lifecycle.
At Basic, our services and solutions are scalable to match each customer’s unique demands. We back these with ancillary services that deliver added value, and support our offerings with some of the most experienced professionals in the industry. We’ve built our business from the ground up with local leadership. We know the field, the well, the challenges, and how to solve them.
From our headquarters in Fort Worth, Texas, we support six geomarkets conducting operations in the Texas Gulf Coast region, the Central region, the Permian Basin of West Texas, California and the Rocky Mountains. Across every business segment, our regional expertise and responsiveness helps keep production flowing safely and efficiently.
Suite 2100
Fort Worth Texas 76109
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Personnel (14 people)
SVP, CFO, Treasure & Secretary
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CFO
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VP Manufacturing and Equipment
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VP, Mktg.
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VP Corporate Marketing
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VP Human Resources
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Group VP
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Senior VP Region Operations
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VP Controller and CAO
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President, CEO & Dir.
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Frist Name | Last Name | Title | Phone | |
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Alan | Krenek | SVP CFO Treasure & Secretary | alan.krenek@basicenergyservices.com | (817) 334-4100 |
Alan | Krenek | CFO | 817.334.4100 | |
Brett | Taylor | VP Manufacturing and Equipment | 817.334.4100 | |
Doug | Rogers | VP Mktg. | doug.rogers@basicenergyservices.com | (817) 334-4100 |
Douglas | Rogers | VP Corporate Marketing | 817.334.4100 | |
Eric | Lannen | VP Human Resources | 817.334.4100 | |
James | Newman | Group VP | james.newman@basicenergyservices.com | |
James | Newman | Senior VP Region Operations | 817.334.4100 | |
John | Bissett | VP Controller and CAO | 817.334.4100 | |
Ken | Huseman | President CEO & Dir. | ken.huseman@basicenergyservices.com | (817) 334-4100 |
Lanny | Poldrack | VP Central Region and Tubular Division | 817.334.4100 | |
Roe | Patterson | SVP & COO | roe.patterson@basicenergyservices.com | (817) 334-4100 |
T. M. | Patterson | President CEO | 817.334.4100 | |
William | Dame | VP Pumping Services | 817.334.4100 |
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- Updated : Frac Companies Permanently Retire 2.4 Million Horse Power
Basic Energy Exits Frac Market; Selling Pressure Pumping Equipment
Company Divestiture
Announce Date | Buyer | $MM | Type | Play/Location | Details |
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Aug-18-2021 | Asset | San Joaquin Basin | |||
Apr-28-2021 | Asset | United States |
Company Acquisitions
Announce Date | Seller | $MM | Type | Play/Location | Details |
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Mar-09-2020 | Asset | United States | |||
Sep-18-2014 | Asset | Barnett Shale,Barnett Shale Combo,Panhandle | |||
Dec-20-2012 | Asset | Bakken Shale & Three Forks |