Throughout the lifecycle of these production wells – from drilling to maintenance, to the plugging of extraction equipment and to the day of its abandonment – Basic Energy Services, Inc. is there to aid these energy businesses. The company works in utmost ethical standards that would not just benefit the companies they are working for, but also the environment where these assets are located. Since its inception, it has remained to be a leader in the oil and gas well servicing industry.
There are about 5,500 professionals that are working for the business, who are more than capable of providing essential services to the oil and gas industry. There are about 2,000 oil and gas companies that rely on the services provided by the business. These ventures range from start-up companies to those who have been in the industry for a century or more. Basic Energy is a trusted partner, especially in the regions of the Rocky Mountain States, the Appalachian Region, in New Mexico, Arkansas, Texas, Louisiana, Oklahoma and in Kansas. There are four primary subsidiaries that the company operates: Contract Drilling, Well Servicing, Fluid Servces and Completion and Remedial Services. These business units are there to assist every company from the drilling phase until the abandonment of their oil wells.
Part of the company’s assets are their 232 pressure pumping units, 37 snubbing units, 12 wireline units, 14 coiled tubing units and 41 air compressor packages. They also have a total of 12 land drilling rigs. Prior to Becoming the Basic Energy Services, Inc. the company once marketed their services as Sierra Well Service, Inc.