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Basic Energy Services reports selected operating data for February 2013


Published Mar 19, 2013
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Basic Energy Services, Inc.

Basic Energy Services, Inc. reported selected operating data for the month of February 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 66,400 producing a rig utilization rate of 71%, compared to 67% and 76% in January 2013 and February 2012, respectively.

During the month, Basic's fluid service truck count decreased by two trucks to 962. Fluid service truck hours for the month were 177,600 compared to 185,700 and 186,500 in January 2013 and February 2012, respectively.

Drilling rig days for the month were 265 producing a rig utilization of 79%, compared to 79% and 91% in January 2013 andFebruary 2012, respectively.

Tags: Basic Energy Services




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