Midstream
Pioneer Energy Services Corp.
Acquired in September 2014 by Basic Energy Services Inc.. The snapshot below reflects historical activity.
About
Oilfield Services
- WebsiteVisit →
- TickerNYSE
- AddressSan Antonio Texas
- Phone210 828 7689
- Acquired byBasic Energy Services Inc.
Acquisition chain
Forward & backward M&A lineage
- Pioneer Energy Services Corp. (this company)
- Basic Energy Services Inc.
- Berry Corporation
- California Resources Corp.
- Colony Capital
Drilling activity
No activity recorded
No active rigs
Operations transferred to Basic Energy Services Inc. Live rig records sit under the successor.
Recent activity
Pioneer Energy Services Emerges from Bankruptcy
Pioneer Energy Services Corp. has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process. Pioneer reduced total debt by approximately $267 million, from $475 million...
Pioneer Energy Services Files for Bankruptcy
Pioneer Energy Services Corp. has filed for bankruptcy. This Chapter 11 process does not include the Company's international entities, the majority of which are located in Colombia. Pioneer...
Rig Count Drop: Thoughts from Contractors Who Own 47% of the Market Share
Shale Experts looked through numerous Q4 reports and conference calls from several service companies, including Pioneer, Precision, Helmerich & Payne and Patterson UTI - these companies, together, control...
Pioneer Energy Services' Credit Facility Set at $175MM
The aggregate amount of commitments is set at $175 million, representing a reduction of $25 million.
Pioneer Energy Services Q4-2015 Results; Rigs Sales; Utilization Rate Down; Revenue Down
Drilling utilization was 54% based on an average fleet of 37 rigs. Sold four SCR drilling rigs for aggregate gross proceeds of $17.3 million and classified four additional...
Latest news mentioning Pioneer Energy Services Corp.
Deals
Basic Energy Services, Inc. has acquired substantially all of the assets of Pioneer Fishing and Rental, a division of Pioneer Energy…
Permits
Assets
No asset records
Operations transferred to Basic Energy Services Inc. Live acreage and lease records sit under the successor.
Regions of activity
No regional activity indexed yet
When Basic Energy Services Inc. files permits or discloses acreage tied to this entity, the regions show up here.