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 13, 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 13, 2006, Basic Energy Services, Inc. issued a press release reporting selected operating data for January 2006. 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 13, 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 13, 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 13, 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 REPORTS SELECTED
OPERATING DATA FOR JANUARY 2006

     MIDLAND, Texas – February 13, 2006 – Basic Energy Services, Inc. (NYSE: BAS) today reported selected operating data for the month of January 2006. During the month, the Company added two newbuild rigs and retired one rig, which brings its well servicing rig count to 324 as of January 31, 2006. Rig hours for the month of January 2006 were 66,900, reflecting a rig utilization rate of 86.6%, up from 82.7% for the same month in 2005. The sequential increase in the rig utilization rate from the 82.5% recorded in December 2005 reflects continued strength in the oil and gas servicing industry as well as a return to normal work schedules following the holiday-impacted months of November and December.

OPERATING DATA

	Month ended
	January 31,						December 31,
	2006			2005			2005
Number of well servicing rigs:(1)
Weighted average for period		324			289			320
End of period		324			289			323
Rig hours (000s)		66.9			56.9			62.9
Rig utilization rate(2)		86.6	%		82.7	%		82.5	%
Number of fluid service trucks:
Weighted average for period		479			429			478
End of period(3)		538			444			477

(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.
(3)	January 2006 includes 57 fluid service trucks of the total 67 truck fleet acquired from LeBus Oil Field Service Co. that closed on January 31, 2006.

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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