Join The Discussion

 

Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

read more >

Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

read more >

Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

read more >

Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

read more >

Price appeal: Condos going up on Near Southside

Chris Brassard and Omar Diaz had apartments in mind when they built a 12-unit complex on May Street just south of West Magnolia Avenue on Fort Worth’s Near Southside. Then their leasing agent, Will Northern of Northern Realty Group, suggested they consider selling the units as condominiums.

read more >

 

Basic Energy Services releases June report
A. Lee Graham

Reporter

Basic Energy Services Inc.’s well servicing rig count has remained unchanged at 421, according to the Fort Worth company’s newly released selected operating data for the month of June 2014.

Meanwhile, well-servicing rig hours for the month totaled 71,600, producing a rig utilization rate of 74 percent, compared to 70 percent and 79 percent in May 2014 and June 2013, respectively.

Rig utilization rates determine what percentage of a company’s rigs is in use.

During the month, the firm’s fluid service truck count decreased by one to 1,016. Fluid service truck hours for the month totaled 205,300 compared to 213,400 and 185,400 in May 2014 and June 2013, respectively.

Drilling rig days for June totaled 317, producing a rig utilization of 88 percent, compared to 89 percent and 79 percent in May 2014 and June 2013, respectively.

"Activity in June for our major business lines was consistent with the momentum that we saw throughout the second quarter of this year,” said president and CEO Roe Patterson in a news release.

“We did experience a slight impact from rainy conditions throughout our Texas and Oklahoma footprint, which had some effect on all our business lines in those markets,” Patterson said.

Basic Energy Services, which provides oil and gas well-site services, employs more than 5,600 workers in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain and Appalachian regions. More information is available at www.basicenergyservices.com.

lgraham@bizpress.net

 

 

 

< back

Email   email
hide
Catch
How 'bout them Cowboys?