Oct. 13, 2009 (PR Newswire) --
MIDLAND, Texas, Oct. 13 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2009. During the month, Basic's well servicing rig count remained unchanged at 414 as of September 30, 2009. Well servicing rig hours for the month of September 2009 were 41,300 producing a rig utilization rate of 41%, a decrease from 43% and 75% in August 2009 and September 2008, respectively.
Drilling rig days for the month of September 2009 were 119 producing a rig utilization of 44%, a decrease from 52% and 99% in August 2009 and September 2008, respectively.
Basic's fluid services truck fleet remained unchanged at 805 trucks as of September 30, 2009.
Ken Huseman, Basic's President and Chief Executive Officer, stated, "Our September well servicing utilization rate when adjusted for the day or day and a half impact of the Labor Day holiday was consistent with our August performance. Demand for our services continues to show modest improvement in our oil-oriented markets but remains flat in the gas-prone markets.
