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Basic Energy Services Reports Selected Operating Data for November 2006
MIDLAND, Texas, Dec 14, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of November 2006.

Basic added three newbuild rigs to its fleet, increasing its well servicing rig count to 365 as of November 30, 2006. Rig hours for the month of November 2006 were 70,900 producing a rig utilization rate of 80.9%, a decrease from 85.9% during the same month in 2005, and a decrease from 91.0% during October 2006. In the year earlier period, the normal seasonal slowdown was muted as increasing oil and gas prices and mild weather promoted exceptionally strong demand and utilization. With moderating oil and gas prices and normal weather, utilization in the current period has reverted to a more typical level. The decline in the utilization rate from the prior month resulted primarily from the Thanksgiving holiday along with the normal seasonal factor of fewer available daylight hours.

Basic also increased its fluid service truck fleet by a net of three trucks, bringing its total to 640 trucks as of November 30, 2006.

                                OPERATING DATA

                                                        Month ended
                                                 November 30,      October 31,
                                              2006        2005        2006

    Number of weekdays in period                 22          22          22

    Number of well servicing rigs: (1)
      Weighted average for period               362         315         358
      End of period                             365         317         362

      Rig hours (000s)                         70.9        65.5        78.9
      Rig utilization rate (2)                80.9%       85.9%       91.0%

    Number of fluid service trucks:
      Weighted average for period               639         474         636
      End of period                             640         479         637

     (1)  Includes all rigs owned during periods presented and excludes rigs
          held for sale.
     (2)  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 provides well site services essential to maintaining production from the oil and gas wells within its operating area. The company employs more than 4,000 employees in more than 100 service points throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico and the Rocky Mountain States.

Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc.
432-620-5510

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

SOURCE Basic Energy Services, Inc.

Alan Krenek, Chief Financial Officer of Basic Energy Services, Inc., 1-432-620-5510;
or Jack Lascar or Sheila Stuewe, both of DRG&E, 1-713-529-6600, for Basic Energy
Services, Inc.

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