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Basic Energy Services Reports Selected Operating Data for May 2006

MIDLAND, Texas, June 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Basic Energy Services, Inc. (NYSE: BAS) (Basic) today reported selected operating data for the month of May 2006. During the month, Basic added two newbuild rigs and nine rigs acquired in association with the Globe Well Service, Inc. (Globe) acquisition, bringing its well servicing rig count to 348 as of May 31, 2006. Rig hours for the month of May 2006 were 76,100, reflecting a rig utilization rate of 88.7%, an increase from 85.7% in the same month last year. The decline in utilization from the prior month was mainly the result of the Memorial Day holiday. The Company also added a net of 36 new fluid service trucks, including 19 trucks acquired in association with the Globe acquisition, resulting in a total of 580 fluid service trucks as of May 31, 2006.



                                OPERATING DATA

                                                        Month ended
                                                   May 31,          April 30,
                                              2006        2005        2006

    Number of weekdays in period (1)             23          22          20

    Number of well servicing rigs: (2)
      Weighted average for period               339         301         335
      End of period (3)                         348         304         337

      Rig hours (000s)                         76.1        62.6        67.1
      Rig utilization rate (4)                88.7%       85.7%       91.0%

    Number of fluid service trucks:
      Weighted average for period               554         444         549
      End of period (3)                         580         448         544

     (1) Includes holidays.
     (2) Includes all rigs owned during periods presented and excludes rigs
         held for sale.
     (3) Includes nine rigs and 19 fluid services trucks from the Globe
         acquisition, which closed on May 30, 2006.
     (4) Rig utilization rate based on the weighted average number of rigs
         owned during the periods being reported, a 55-hour work week per rig
         and the number of weekdays in the periods being presented.


Basic Energy Services, with a fleet of more than 340 well servicing rigs, provides a range of well site services to oil and gas drilling and producing companies throughout the major oil and gas regions in Texas, Louisiana, Oklahoma, New Mexico and the Rocky Mountain States.

Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc.
432-620-5516

Jack Lascar/Sheila Stuewe
DRG&E / 713-529-6600

SOURCE Basic Energy Services, Inc.

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