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Last updated on April 18, 2014 at 10:00 EDT

Latest Utilization Stories

2014-03-10 08:22:12

FORT WORTH, Texas, March 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of February 2014. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 68,100 producing a rig utilization rate of 73%, compared to 69% and 71% in January 2014 and February 2013, respectively. During the month, Basic's fluid service truck count increased by five to 1,008. Fluid...

2013-11-13 08:22:49

FORT WORTH, Texas, Nov. 13, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of October 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 76,500 producing a rig utilization rate of 71%, compared to 71% and 72% in September 2013 and October 2012, respectively. During the month, Basic's fluid service truck count increased by 14 to 983. Fluid service...

2013-06-14 08:20:57

FORT WORTH, Texas, June 14, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of May 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 75,000 producing a rig utilization rate of 70%, compared to 72% in both April 2013 and May 2012. During the month, Basic's fluid service truck count remained unchanged at 974. Fluid service truck hours for the month were...

2013-03-19 16:32:20

Industry's First Enterprise Asset Life Cycle Management Platform AUSTIN, Texas, March 19, 2013 /PRNewswire/ -- Clockwork, a global leader in predictive analytics for Enterprise Asset Management (EAM) solutions, today released Insight LCM(TM), the industry's first predictive analytics platform that provides visibility to asset use, critical component planning and maintenance work load analysis. Insight LCM produces comprehensive analytics, faster, allowing customers to maximize asset...

2012-11-15 08:22:55

FORT WORTH, Texas, Nov. 15, 2012 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of October 2012. Basic's well servicing rig count remained unchanged at 431. Well servicing rig hours for the month were 78,600 producing a rig utilization rate of 72%, compared to 71% and 78% in September 2012 and October 2011, respectively. During the month, Basic's fluid service truck count increased by 11 trucks to 951. Fluid service...

2012-10-22 11:21:52

PARK RIDGE, N.J., Oct. 22, 2012 /PRNewswire/ -- The Hertz Corporation (NYSE: HTZ) and its equipment rental division, Hertz Equipment Rental Corporation (HERC), are pleased to introduce HERC 360 - Fully Equipped, a company-wide expansion of its technology-driven, project management and customer support services. Fully scalable, the suite of services provides an end-to-end solution for planning, renting, managing, maintaining, and customizing equipment rental needs. (Logo:...

2012-07-13 02:20:39

MIDLAND, Texas, July 13, 2012 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of June 2012. Basic's well servicing rig count remained unchanged at 431. Well servicing rig hours for the month were 76,100 producing a rig utilization rate of 76%, compared to 72% and 74% in May 2012 and June 2011, respectively. During the month, Basic's fluid service truck count increased by six trucks to 926. Fluid service truck...

2012-04-30 06:28:29

PARIS and BOSTON, April 30, 2012 /PRNewswire/ -- ORSYP, a leading provider of IT Operations Management software and services, today announced the availability of a new version of its innovative performance and capacity management tool. ORSYP has extended Sysload to offer new functionality that will enable organizations to model and analyze the performance of any of their IT infrastructure resources and applications. Today's IT Operations teams are too heavily reliant on in-house scripts,...

2012-03-01 09:21:00

MOUNTAIN VIEW, Calif., March 1, 2012 /PRNewswire/ -- Based on its recent analysis of the rental, used and new test equipment market in North America, Frost & Sullivan recognizes Electro Rent Corporation (Electro Rent) with the 2012 Frost & Sullivan Award for Company of the Year. Ranking second a couple of years ago in the North American rental general purpose test equipment market, Electro Rent has witnessed tremendous revenue growth over the past two years. With...

2011-11-07 05:00:00

MIDLAND, Texas, Nov. 7, 2011 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of October 2011. Basic's well servicing rig count remained unchanged at 417. Well servicing rig hours for the month of October 2011 were 75,300 producing a rig utilization rate of 78%, an increase from 74% and 61% in September 2011 and October 2010, respectively. During the month, Basic's fluid service truck count increased by two to 874....