Basic Energy Services Reports Selected Operating Data for October 2007

Drilling rig days for the month of October 2007 were 229 producing a rigutilization rate of 73.9%, a decrease from 87.4% in the prior month and anincrease from 67.7% in the same month in 2006.

Basic also increased its fluid service truck fleet by a net of one truckbringing its total to 667 trucks as of October 31, 2007.

Ken Huseman, Basic's President and Chief Executive Officer, stated,"October was the first month in quite a while that wasn't affected by weatherand/or a holiday giving us a clearer view of the current demand for ourservices. As stated in previous monthly updates, demand remains strong in theoil markets but has declined in gas markets due to reduced drilling and fracactivity. New equipment or relocation of equipment from gas markets to oilmarkets has balanced supply and demand for the time being. Even with recordoil prices, we expect to see a seasonal reduction in utilization over the nextfew months from the level produced in October as daylight hours decrease,inclement weather comes into play and customers reduce activity over theholiday period."

                                OPERATING DATA                                                        Month ended                                                October 31,      September 30,                                             2007        2006        2007    Number of weekdays in period              23          22          20    Number of well servicing rigs: (1)      Weighted average for period            384         355         383      End of period                          386         359         386      Rig hours (000s)                      74.7        77.3        63.0      Rig utilization rate (2)              76.9%       90.0%       74.8%    Number of drilling rigs: (1)      Weighted average for period             10           3           9      End of period                           10           3          10      Drilling rig days                      229          63         236      Drilling rig utilization rate         73.9%       67.7%       87.4%    Number of fluid service trucks:      Weighted average for period            667         636         654      End of period                          667         637         666    (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, a 55-hour work week per rig         and the number of weekdays in the periods being presented.

Basic Energy Services provides well site services essential to maintainingproduction from the oil and gas wells within its operating area. The companyemploys more than 4,500 employees in more than 100 service points throughoutthe major oil and gas producing regions in Texas, Louisiana, Oklahoma, NewMexico, Arkansas, Kansas and the Rocky Mountain States.

Additional information on Basic Energy Services is available on theCompany's website at .

    Contacts:  Alan Krenek, Chief Financial Officer               Basic Energy Services, Inc.               432-620-5510               Jack Lascar/Sheila Stuewe               DRG&E / 713-529-6600