Basic Energy Services is one of the largest well servicing contractors in the United States. It is a locally managed business that serves more than 2,000 oil and gas companies throughout the United States. Founded in 1992, the public company has a staff of more than 5,200 employees in over 100 operating units throughout Texas, Louisiana, Oklahoma, New Mexico, Arkansas and Kansas. Basic Energy Services offers well site construction and final abandonment solutions for various oil and gas drilling and producing companies. In addition, it provides well servicing, fluid and pressure pumping solutions. Basic Energy Services offers a range of fishing tools on a rental basis. The company maintains a fleet of over 80 trucks. Basic Energy Services subsidiaries include Basic Energy Services GP, Basic Marine Services and Oilwell Fracturing Services.