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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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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

 

 

 

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