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Basic Energy Services Inc.

3 buyer-side · 5 seller-side · 5 chain hops

M&A chain

Lineage of Basic Energy Services Inc. walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. Predecessor (acquired by this company)

    Alamo Pressure Pumping

    NexTier Oilfield Solutions has reached an agreement to acquire 100% of the ownership interests of Alamo Pressure Pumping for $268 million. The transaction is expected to be completed by August 31, 2021. Deal Details…

  2. Predecessor (acquired by this company)

    Nextier Oilfield Solutions

    NexTier Oilfield Solutions Inc. announced the sale of its Well Support Services (WSS) segment to Basic Energy Services Inc. for total consideration of $93.7 million. The sale includes the Company's rig services, special…

  3. This company

    Basic Energy Services Inc.

  4. Acquirer

    Berry Corporation

    Berry Corp. has signed a deal as a "stalking horse" bidder to acquire substantially all the assets comprising Basic Energy Services' California business lines. Specifically, under the terms of the APA, bry would acquire…

  5. Acquirer

    California Resources Corp.

    California Resources Corporation (NYSE: CRC) announced a definitive agreement to acquire Berry Corporation (NASDAQ: BRY) in an all-stock merger under which Berry shareholders received 0.0718 shares of CRC common stock…

  6. Acquirer

    Colony Capital

    California Resources Corp. and Colony Capital Inc. have formed a strategic joint venture in which Colony has committed to fund $320 million for the development of CRC's flagship Elk Hills field, located in the San…

Acquisitions (Buyer)

NexTier Sells Well Support Segment to Basic Energy Services for $94MM Mar 9, 2020 · $93.7M

NexTier Oilfield Solutions Inc. announced the sale of its Well Support Services (WSS) segment to Basic Energy Services Inc. for total consideration of $93.7 million. The sale…

Basic Energy Services Acquires Rental Unit from Pioneer Sep 18, 2014 · $16M

Basic Energy Services, Inc. has acquired substantially all of the assets of Pioneer Fishing and Rental, a division of Pioneer Energy Services, for total cash consideration of…

Basic Picks Up Bakken Shale Saltwater Disposal Wells Dec 20, 2012 · $43M

Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Saltwater Disposal of North Dakota, LLC (SWDND) for a total cash consideration of…

Divestitures (Seller)

Berry Makes 'Stalking Horse' Deal for Basic Energy's California Assets Aug 18, 2021

Berry Corp. has signed a deal as a "stalking horse" bidder to acquire substantially all the assets comprising Basic Energy Services' California business lines. Specifically, under…

Basic Energy Services to Sell Non-Core Assets, Disposal Wells for $6.6MM Apr 28, 2021 · $6.6M

Basic Energy Services, Inc. has agreed to sell certain non-core assets for a purchase price of $6.6 million (not including the assumption of certain capital leases with a…

NexTier Sells Well Support Segment to Basic Energy Services for $94MM Mar 9, 2020 · $93.7M

NexTier Oilfield Solutions Inc. announced the sale of its Well Support Services (WSS) segment to Basic Energy Services Inc. for total consideration of $93.7 million. The sale…

Basic Energy Services Acquires Rental Unit from Pioneer Sep 18, 2014 · $16M

Basic Energy Services, Inc. has acquired substantially all of the assets of Pioneer Fishing and Rental, a division of Pioneer Energy Services, for total cash consideration of…

Basic Picks Up Bakken Shale Saltwater Disposal Wells Dec 20, 2012 · $43M

Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Saltwater Disposal of North Dakota, LLC (SWDND) for a total cash consideration of…