Basic Energy Services Employee Directory
Oil and GasTexas, United States1001-5000 Employees
Basic Energy Services is an oilfield services company based in Fort Worth, Texas, operating within the oil and gas sector. It provided services including well servicing, specialized completion and remedial work, and water logistics to support field operations. In 2021 the company filed for Chapter 11 bankruptcy and undertook asset sales and workforce reductions as part of its restructuring, and by the end of the year it no longer functioned as an independent business. During 2021 its assets changed hands to multiple buyers, including Ranger Energy Services, Berry, and Select Energy Services, reflecting a broader consolidation trend in the sector. The firm’s activities targeted operators in the oilfield who require maintenance, well work, and water-related services. The sequence of asset sales and restructuring highlights how the U.S. oilfield services landscape shifted as companies adjusted operations in response to market conditions.