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Key Energy Services Inc. ( NYSE: KEG )
Latest News & Activity
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Oilfield Services Company to Restructure for the Second TimeFebruary 06,2020
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Key Energy Services' Forebearance Agreement ExtendedDecember 09,2019
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Key Energy Services Out of NYSE ComplianceNovember 20,2019
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Robert Drummond Abrupts Resigns from Key Energy ServicesMay 14,2018
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Key Energy Sells Frac Stack and Well Testing Assets to Covenant for $23.7 Million June 13,2017
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Key Energy Exits Bankruptcy; Elimated $700 Million In DebtDecember 16,2016
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Key Energy To File Chapter 11 Bankruptcy; New OwnersAugust 26,2016
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Key Energy Reports $94 Million Loss; SEC $5M SettlementAugust 15,2016
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Key Energy Services Taps President & COOJune 22,2015
Deals - Key Energy Services Inc. Divestiture(s)
Announce Date | Price($MM) | Region/Basin | Headline | |
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Jun-13-2017 | United States | Key Energy Sells Frac Stack and Well Testing Assets to Covenant for $23.7 Million | ||
Total |
About
Key Energy Services, Inc operates as an onshore rig-based well servicing contractor in the United States and internationally The company offers rig-based services, including the maintenance, workover, and recompletion of existing oil and gas wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, as well as specialty drilling services to oil and natural gas producers It also provides fluid management services, such as transportation and well-site storage services for various fluids utilized in connection with drilling, completions, workover, and maintenance activities; and disposal services for fluids produced subsequent to well completion, as well as operates a fleet of hot oilers capable of pumping heated fluids used to clear soluble restrictions in a wellbore In addition, the company offers fishing services that involve recovering lost or stuck equipment in the wellbore utilizing an array of fishing tools; rental equipment comprising drill pipes, tubulars, pressure-control equipment, pumps, power swivels, reversing units, and foam air units, as well as handling tools comprising Hydra-Walk pipe-handling units and services; frac stack equipment used to support hydraulic fracturing operations and the associated flowback of frac fluids, proppants, oil, and natural gas; and well testing services Further, it provides oilfield service equipment controls, data acquisition, and digital information flow services; and drilling, coiled tubing, wireline and project management, consulting, and reservoir engineering services The company was formerly known as Key Energy Group, Inc and changed its name to Key Energy Services, Inc in December 1998 Key Energy Services, Inc was founded in 1977 and is headquartered in Houston, Texas
Suite 1800
Houston Texas 77010
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- Oilfield Services Company to Restructure for the Second Time
Key Energy Services' Forebearance Agreement Extended
Key Energy Services Out of NYSE Compliance
Key Energy Exits Bankruptcy; Elimated $700 Million In Debt
Company Divestiture
Announce Date | Buyer | $MM | Type | Play/Location | Details |
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Jun-13-2017 | Asset | United States |