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Basic Energy Services's Overview

Total employees1153
HeadquartersFort Worth
Founded1992

Basic Energy Services, Inc. was a prominent provider of essential oilfield services to crude oil and natural gas exploration and production companies operating in the United States. Their services were concentrated in major onshore oil and gas producing regions and included well servicing, water logistics (including fluid services and disposal), completion and remedial services, and contract drilling. Following financial difficulties, the company underwent Chapter 11 bankruptcy proceedings and its well servicing and completion & remedial assets were acquired by Axis Energy Services in December 2021. Other assets were sold to Berry Corporation.

Where is Basic Energy Services's Headquarters?

HQ Function

The headquarters served as the central hub for corporate administration, strategic planning, financial oversight, human resources, and executive leadership for Basic Energy Services' national operations.

Notable Features:

The headquarters was located in City Place Tower, a modern office building in downtown Fort Worth, providing access to urban amenities and a professional business environment.

Work Culture:

Prior to its acquisition, the work culture at Basic Energy Services' headquarters likely emphasized operational efficiency, responsiveness to the volatile energy market, and a commitment to safety and service quality in its field operations.

HQ Significance:

The Fort Worth headquarters was significant as it managed a geographically dispersed network of service locations across key U.S. oil and gas basins, making critical decisions that impacted thousands of employees and extensive field operations.

Values Reflected in HQ: The choice of a professional office space in a recognized business district likely aimed to project an image of a significant player in the energy services sector, emphasizing professionalism and corporate stability.

Location:

Basic Energy Services' operations were primarily concentrated within the United States. The company had a significant presence across major onshore oil and gas producing basins, including those in Texas, New Mexico, Oklahoma, North Dakota, Colorado, Wyoming, Louisiana, Arkansas, and the Appalachian region. It did not have a substantial international operational footprint, focusing its resources and services on the domestic U.S. energy market.

Street Address:

801 Cherry Street, Suite 2100, City Place Tower

City:

Fort Worth

State/Province:

Texas

Country:

USA

Basic Energy Services's Global Presence

Midland, Texas, USA (Permian Basin)

Address: Multiple field offices and yards throughout the Permian Basin region.

To provide direct, on-the-ground support, equipment, and personnel for exploration and production companies in one of the world's largest oil-producing regions.

Pleasanton, Texas, USA (Eagle Ford Shale)

Address: Various operational facilities serving the Eagle Ford Shale.

To cater to the specific needs of producers in the South Texas Eagle Ford play, ensuring rapid deployment of services.

Kilgore, Texas, USA (East Texas/Haynesville)

Address: Field offices and yards supporting East Texas operations.

To offer specialized services tailored to the geological characteristics and operational demands of the East Texas basins.

Gillette, Wyoming, USA (Rocky Mountains)

Address: Operational bases in the Rocky Mountain region.

To serve E&P companies operating in the diverse basins of the Rocky Mountain region, including the Powder River Basin.

Buying Intent Signals for Basic Energy Services

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Basic Energy Services

As of April 2025, Basic Energy Services' leadership includes:

Keith L. Schilling - President and Chief Executive Officer
David Schorlemer - Executive Vice President, Chief Financial Officer, Treasurer and Secretary
Brandon R. Ross - Executive Vice President, Operations - Well Servicing and Completion & Remedial Services
James F. Newman - Former Executive Vice President, Operations - Water Logistics

Investors of Basic Energy Services

Basic Energy Services has been backed by several prominent investors over the years, including:

Public Shareholders (formerly NYSE: BAS)
Ascribe Capital LLC (Significant equity holder post-2016 restructuring)
SilverPoint Capital, L.P. (Involved in debt and equity positions during restructuring periods)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Basic Energy Services was acquired by Axis Energy Services and Berry Corporation in late 2021 and ceased to operate as an independent entity. Consequently, there have been no executive new hires or exits attributable to 'Basic Energy Services' as a standalone company in the last 12 months.

Technology (Tech Stack) used by Basic Energy Services

Discover the tools Basic Energy Services uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Basic Energy Services Email Formats and Examples

Prior to its acquisition and cessation of independent operations, Basic Energy Services likely used common corporate email formats. These formats are historical and emails sent to @basicenergyservices.com are unlikely to be active or monitored.

Common historical formats included [first_initial][last]@basicenergyservices.com (e.g., jdoe@basicenergyservices.com) or [first].[last]@basicenergyservices.com (e.g., jane.doe@basicenergyservices.com).

Format

jdoe@basicenergyservices.com (example of a historical format)

Example

0 (The domain basicenergyservices.com is no longer actively used by an independent Basic Energy Services for email communication following its acquisition. Emails sent to this domain are highly unlikely to be delivered or monitored.)%

Success rate

News and media

Axis Energy Services Press Release / PR NewswireDecember 2, 2021

Basic Energy Services well servicing and completion & remedial assets acquired by Axis Energy Services

Axis Energy Services announced the successful completion of its acquisition of the well servicing and completion and remedial services segments of Basic Energy Services, Inc. This strategic acquisition expanded Axis's operational footprint and service capabilities....more

Reuters / Company FilingsAugust 16, 2021

Basic Energy Services Files for Chapter 11 Bankruptcy Protection

Basic Energy Services filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. This was part of a restructuring process that included plans to sell substantially all of its assets....more

Company Press ReleaseOctober 25, 2019

Basic Energy Services Announces Successful Completion of Prepackaged Financial Restructuring Plan and Emergence from Chapter 11 (2019)

Basic Energy Services announced its successful emergence from a prior Chapter 11 restructuring process, having significantly reduced its debt and improved its capital structure at that time. This was one of multiple restructurings the company underwent....more

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