8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 17, 2006

Basic Energy Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware	1-32693	54-2091194
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation )	File Number)	Identification No.)

400 W. Illinois, Suite 800
Midland, Texas	79701
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (432) 620-5500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

     On January 17, 2006, Basic Energy Services, Inc. issued a press release reporting selected operating data for the fourth quarter of 2005. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

     Pursuant to General Instruction B.2 of Form 8-K and Securities and Exchange Commission Release No. 33-8176, the press release attached as Exhibit 99.1 is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, but is instead furnished for purposes of that instruction.

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits.

99.1 Basic Energy Services, Inc. press release dated January 17, 2006.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Basic Energy Services, Inc.
Date: January 18, 2006	By:	/s/ ALAN KRENEK
		Alan Krenek
		Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Basic Energy Services, Inc. press release dated January 17, 2006.

EX-99.1

NEWS RELEASE

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

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

BASIC ENERGY SERVICES REPORTS SELECTED
OPERATING DATA FOR THE FOURTH QUARTER OF 2005

     MIDLAND, Texas – January 17, 2006 – Basic Energy Services, Inc. (NYSE: BAS) today reported selected operating data for the fourth quarter of 2005. The Company added 11 new build rigs during the quarter, which brings its well servicing rig count to 323 as of December 31, 2005. Rig hours for the fourth quarter of 2005 were 195,000, reflecting a rig utilization rate of 86.3%, up from 76.8% for the same period in 2004. The sequential decrease in the rig utilization rate from the third quarter of 2005 reflects the seasonal slowdown associated with fewer daylight hours and the impact of the holiday season during the fourth quarter of 2005.

OPERATING DATA

	Quarter ended
	December 31,						September 30,
	2005			2004			2005
Number of well servicing rigs: 1
Weighted average for period		316			284			311
End of period		323			288			312
Rig hours (000s)		195.0			155.9			198.0
Rig utilization rate 2		86.3	%		76.8	%		89.0	%
Number of fluid service trucks:
Weighted average for period		472			411			465
End of period		477			413			462

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 and a 55-hour work week per rig.

The Company currently intends to provide monthly updates of its operating data shortly after the end of each month.

Basic Energy Services, with a fleet of more than 300 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.

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