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): February 1, 2006

Basic Energy Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation )	1-32693 (Commission File Number)	54-2091194 (IRS Employer Identification No.)
400 W. Illinois, Suite 800 Midland, Texas (Address of principal executive offices)		79701 (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 February 1, 2006, Basic Energy Services, Inc. issued a press release reporting its acquisition of LeBus Oil Field Service Co. 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 February 1, 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: February 3, 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 February 1, 2006.

EX-99.1

Exhibit 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 ACQUIRES
LEBUS OIL FIELD SERVICE CO.

     MIDLAND, Texas, February 1, 2006 — Basic Energy Services, Inc. (NYSE: BAS) (Basic) announced today that it has acquired all of the outstanding capital stock of LeBus Oil Field Service Co. (LeBus) for a total acquisition price of approximately $26 million. LeBus, which generated approximately $21 million in revenue in 2005, has a fleet of 67 fluid hauling trucks and 225 frac tanks, and six disposal facilities. LeBus provides transportation, storage and disposal of oilfield fluids in the East Texas and North Louisiana regions from its New London and Tenaha, Texas operating locations.

     Ken Huseman, Basic’s President and CEO stated, “Since its founding in 1949, LeBus has built a solid reputation for quality service with good people and equipment. LeBus’ truck and tank fleet and network of disposal facilities complement our existing fluid services operations in East Texas and North Louisiana, giving us improved access to the most active areas in these markets. We believe we now operate the largest fluid services fleet in the Ark-La-Tex region and look forward to offering our combined customer base more seamless coverage throughout this market.”

     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.

Safe Harbor Statement:
This release includes forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Basic has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, including Basic’s ability to successfully execute, manage and integrate acquisitions. While Basic makes these statements and projections in good faith, neither Basic nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. Basic assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Basic, whether as a result of new information, future events, or otherwise.

# # #