Basic Energy Services (BASWQ) 10-K 23 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 23, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	bas
Entity Registrant Name	BASIC ENERGY SERVICES INC
Entity Central Index Key	1,109,189
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		42,195,405
Entity Public Float			$ 291,466,290

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 46,732	$ 79,915
Trade accounts receivable, net of allowance of $2,670 and $2,032, respectively	102,127	247,069
Accounts receivable - related parties	35	161
Income tax receivable	1,828	3,121
Inventories	36,944	44,557
Prepaid expenses	13,851	15,779
Other current assets	9,968	9,934
Deferred tax assets	13,484	14,664
Total current assets	224,969	415,200
Property and equipment, net	846,290	1,007,969
Deferred debt costs, net of amortization	13,124	15,350
Goodwill		78,011
Other intangible assets, net of amortization	66,745	71,173
Other assets	10,241	9,474
Total assets	1,161,369	1,597,177
Current liabilities:
Accounts payable	54,521	50,618
Accrued expenses	59,380	90,810
Current portion of long-term debt	48,651	48,575
Other current liabilities	7,003	6,135
Total current liabilities	169,555	196,138
Long-term debt, net of premium on notes of $956 and $1,217 at December 31, 2015 and 2014, respectively	838,368	882,572
Deferred tax liabilities	18,550	147,621
Other long-term liabilities	$ 28,558	$ 28,193
Commitments and contingencies
Stockholders' equity:
Preferred stock; $.01 par value; 5,000,000 shares authorized; none designated or issued at December 31, 2015 and December 31, 2014, respectively
Common stock; $.01 par value; 80,000,000 shares authorized; 43,500,032 shares issued and 42,196,680 shares outstanding at December 31, 2015; and 43,500,032 shares issued and 42,241,719 shares outstanding at December 31, 2014	$ 435	$ 435
Additional paid-in capital	374,729	369,920
Retained deficit	(256,812)	(15,067)
Treasury stock, at cost 1,303,352 and 1,258,313 shares at December 31, 2015 and 2014, respectively	(12,014)	(12,635)
Total stockholders' equity	106,338	342,653
Total liabilities and stockholders' equity	$ 1,161,369	$ 1,597,177

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Consolidated Balance Sheets [Abstract]
Allowance for trade accounts receivable	$ 2,670	$ 2,032
Unamortized premium on notes	$ 956	$ 1,217
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	43,500,032	43,500,032
Common stock, shares outstanding	42,196,680	42,241,719
Treasury stock, shares	1,303,352	1,258,313

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Total revenues	$ 805,599	$ 1,491,284	$ 1,262,904
Expenses:
General and administrative, including stock-based compensation of $13,728, $14,714 and $11,830 in 2015, 2014 and 2013, respectively	143,458	167,301	171,439
Depreciation and amortization	241,471	217,480	209,747
Loss on disposal of assets	1,602	1,974	2,873
Goodwill impairment	81,877	34,703
Total expenses	1,111,264	1,432,877	1,252,147
Operating (loss) income	(305,665)	58,407	10,757
Other income (expense):
Interest expense	(67,964)	(67,042)	(67,207)
Interest income	26	40	53
Other income	528	775	743
Loss before income taxes	(373,075)	(7,820)	(55,654)
Income tax (expense) benefit	131,330	(521)	19,725
Net loss	(241,745)	(8,341)	(35,929)
Net loss available to common stockholders	$ (241,745)	$ (8,341)	$ (35,929)
Loss per share of common stock:
Basic	$ (5.97)	$ (0.20)	$ (0.89)
Diluted	$ (5.97)	$ (0.20)	$ (0.89)
Completion and Remedial Services
Revenues:
Total revenues	$ 307,550	$ 698,917	$ 501,137
Expenses:
Service expenses	245,069	434,457	327,540
Depreciation and amortization	83,882	74,924	62,609
Goodwill impairment	81,877
Fluid Services
Revenues:
Total revenues	258,597	369,774	343,863
Expenses:
Service expenses	196,155	265,105	239,154
Depreciation and amortization	71,280	64,445	63,316
Well Servicing
Revenues:
Total revenues	217,245	361,683	363,386
Expenses:
Service expenses	184,952	270,344	265,058
Depreciation and amortization	60,466	55,131	60,474
Contract Drilling
Revenues:
Total revenues	22,207	60,910	54,518
Expenses:
Service expenses	$ 16,680	$ 41,513	$ 36,336

Consolidated Statements of Ope5

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Stock-based compensation included in general and administrative expense	$ 13,728	$ 14,714	$ 11,830

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Treasury Stock	Retained Earnings (Deficit)	Total
Beginning Balance (in shares) at Dec. 31, 2012	43,500,032
Beginning Balance at Dec. 31, 2012	$ 435	$ 359,160	$ (16,388)	$ 29,203	$ 372,410
Issuances of restricted stock		(6,751)	6,751
Amortization of share-based compensation		11,830			11,830
Purchase of treasury stock			(3,605)		(3,605)
Exercise of stock options / vesting of restricted stock		(565)	1,146		581
Net income (loss)				(35,929)	(35,929)
Ending Balance (in shares) at Dec. 31, 2013	43,500,032
Ending Balance at Dec. 31, 2013	$ 435	363,674	(12,096)	(6,726)	345,287
Issuances of restricted stock		(9,583)	9,583
Amortization of share-based compensation		14,714			14,714
Purchase of treasury stock			(12,733)		(12,733)
Exercise of stock options / vesting of restricted stock		1,115	2,611		3,726
Net income (loss)				(8,341)	(8,341)
Ending Balance (in shares) at Dec. 31, 2014	43,500,032
Ending Balance at Dec. 31, 2014	$ 435	369,920	(12,635)	(15,067)	342,653
Issuances of restricted stock		(3,779)	3,779
Amortization of share-based compensation		13,728			13,728
Purchase of treasury stock			(5,742)		(5,742)
Exercise of stock options / vesting of restricted stock		(5,140)	2,584		(2,556)
Net income (loss)				(241,745)	(241,745)
Ending Balance (in shares) at Dec. 31, 2015	43,500,032
Ending Balance at Dec. 31, 2015	$ 435	$ 374,729	$ (12,014)	$ (256,812)	$ 106,338

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net loss	$ (241,745)	$ (8,341)	$ (35,929)
Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation and amortization	241,471	217,480	209,747
Goodwill impairment	81,877	34,703
Accretion on asset retirement obligation	134	132	112
Change in allowance for doubtful accounts	638	(1,643)	895
Amortization of deferred financing costs	3,622	3,176	3,102
Amortization of premium on notes	(261)	(242)	(224)
Non-cash compensation	13,728	14,714	11,830
Loss on disposal of assets	1,602	1,974	2,873
Deferred income taxes	(131,171)	87	(20,030)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	144,430	(41,143)	3,813
Inventories	7,846	(9,798)	5,990
Prepaid expenses and other current assets	(740)	(14,435)	(1,046)
Other assets	(767)	(1,810)	(1,154)
Accounts payable	3,903	5,110	(16,232)
Income tax receivable	1,293	(204)	(922)
Other liabilities	1,109	11,303	6,767
Accrued expenses	(31,430)	13,473	(4,004)
Net cash provided by operating activities	95,539	224,536	165,588
Cash flows from investing activities:
Purchase of property and equipment	(53,868)	(236,295)	(136,950)
Proceeds from sale of assets	8,109	39,835	19,863
Payments for other long-term assets		(879)	(1,132)
Payments for businesses, net of cash acquired	(16,730)	(16,090)	(21,467)
Net cash used in investing activities	(62,489)	(213,429)	(139,686)
Cash flows from financing activities:
Proceeds from debt	8,816	16,000
Payments of debt	(68,635)	(47,894)	(45,397)
Purchase of treasury stock	(5,742)	(12,733)	(3,605)
Tax withholding from exercise of stock options	(3)	(362)	(200)
Exercise of employee stock options	727	4,646	781
Deferred loan costs and other financing activities	(1,396)	(2,381)	(514)
Net cash used in financing activities	(66,233)	(42,724)	(48,935)
Net decrease in cash and equivalents	(33,183)	(31,617)	(23,033)
Cash and cash equivalents - beginning of year	79,915	111,532	134,565
Cash and cash equivalents - end of year	$ 46,732	$ 79,915	$ 111,532

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2015
Nature of Operations [Abstract]
Nature of Operations	1. Nature of Operations Basic Energy Services, Inc. (“Basic” or the “Company”) provides a wide range of well site services to oil and natural gas drilling and producing companies, including completion and remedial services, fluid services and well site construction services, well servicing and contract drilling. These services are primarily provided by Basic’s fleet of equipment. Basic’s operations are concentrated in major United States onshore oil and natural gas producing regions located in Texas, New Mexico, Oklahoma, Kansas, Arkansas, Louisiana, Pennsylvania, West Virginia, Ohio, Wyoming, North Dakota, Colorado, California, Utah, Montana, and Kentucky. Basic’s reportable business segments are Completion and Remedial Services, Fluid Services, Well Servicing, and Contract Drilli ng. These segments are based on management’s resource allocation and performance assessment in making decisions regarding the Company.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements include the accounts of Basic and its wholly-owned subsidiaries. Basic has no variable interest in any other organization, entity, partnership, or contract. All intercompany transactions and balances have been eliminated. Estimates, Risks and Uncertainties Preparation of the accompanying consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosures of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management uses historical and other pertinent information to determine these estimates. Actual results could differ from those estimates. Areas where critical accounting estimates are made by management include: • Depreciation and amortization of property and equipment and intangible assets • Impairment of property and equipment, goodwill and intangible assets • Allowance for doubtful accounts • Litigation and self-insured risk reserves • Fair value of assets acquired and liabilities assumed in an acquisition • Stock-based compensation • Income taxes Revenue Recognition Completion and Remedial Services — Completion and remedial services consists primarily of pumping services focused on cementing, acidizing and fracturing, nitrogen units, coiled tubing units, snubbing units, thru-tubing and rental and fishing tools. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices completion and remedial services by the hour, day, or project depending on the type of service performed. When Basic provides multiple services to a customer, revenue is allocated to the services performed based on the fair value of the services. Fluid Services — Fluid services consists primarily of the sale, transportation, treatment, storage and disposal of fluids used in the drilling, production and maintenance of oil and natural gas wells, and well site construction and maintenance services. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices fluid services by the job, by the hour or by the quantities sold, disposed of or hauled. Well Servicing — Well servicing consists primarily of maintenance services, workover services, completion services, plugging and abandonment services and rig manufacturing and servicing. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices well servicing by the hour or by the day of service performed. Rig manufacturing revenue is recognized when the rig is accepted by the customer, based on the completed contract method by individual rig. Contract Drilling — Contract drilling consists primarily of drilling wells to a specified depth using drilling rigs. Basic recognizes revenues based on either a “daywork” contract, in which an agreed upon rate per day is charged to the customer, a “footage” contract, in which an agreed upon rate is charged per the number of feet drilled, or a “turnkey” contract, in which an agreed upon single rate is charged for a drilled well. Taxes assessed on sales transactions are presented on a net basis and are not included in revenue. Cash and Cash Equivalents Basic considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents. Basic maintains its excess cash in various financial institutions, where deposits may exceed federally insured amounts at times. Fair Value of Financial Instruments The following is a summary of the carrying amounts and estimated fair values of our financial instruments as of December 31, 2015 and 2014. Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts receivable-related parties, accounts payable and accrued expenses approximate fair value because of the short maturities of these instruments. The carrying amount of our revolving credit facility in long-term debt also approximates fair value due to its variable-rate characteristics. December 31, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) 7.75% Senior Notes due 2019, excluding premium $ 475,000 $ 149,625 $ 475,000 $ 372,875 7.75% Senior Notes due 2022, excluding premium 300,000 87,030 300,000 225,000 7.75% Senior Notes due 2019, and 7.75% Senior Notes due 2022: The fair value of our long-term notes is based upon the quoted market prices at December 31, 2015 and December 31, 2014. Inventories For rental and fishing tools, inventories consisting mainly of grapples, controls, and drill bits are stated at the lower of cost or market, with cost being determined on the average cost method. Other inventories, consisting mainly of manufacturing raw materials, rig components, repair parts, drilling and completion materials and gravel, are held for use in the operations of Basic and are stated at the lower of cost or market, with cost being determined on the first-in, first-out (“FIFO”) method. Property and Equipment Property and equipment are stated at cost or at estimated fair value at acquisition date if acquired in a business combination. Expenditures for repairs and maintenance are charged to expense as incurred and additions and improvements that significantly extend the lives of the assets are capitalized. Upon sale or other retirement of depreciable property, the cost and accumulated depreciation and amortization are removed from the related accounts and any gain or loss is reflected in operations. All property and equipment are depreciated or amortized (to the extent of estimated salvage values) on the straight-line method and the estimated useful lives of the assets are as follows: Buildings and improvements 20 -30 years Well service units and equipment 3 -15 years Fluid services equipment 5 -10 years Brine and fresh water stations 15 years Fracturing/test tanks 10 years Pumping equipment 5 -10 years Construction equipment 3 -10 years Contract drilling equipment 3 -10 years Disposal facilities 10 -15 years Vehicles 3 -7 years Rental equipment 2 -15 years Aircraft 10 years Software and computers 3 years The components of a well servicing rig generally require replacement or refurbishment during the well servicing rig’s life and are depreciated over their estimated useful lives, which ranges from 3 to 15 years. The costs of the original components of a purchased or acquired well servicing rig are not maintained separately from the base rig. Impairments Long-lived assets, which include property, plant and equipment, and purchased intangible s subject to amortization with finite lives, are evaluated whenever events or changes in circumstances (“triggering events”) indicate that the carrying value of certain long-lived assets may not be recoverable. Long-lived assets are reviewed for impairment upon the occurrence of a triggering event. An impairment loss is recorded in the period in which it is determined that the carrying amount of a long-lived asset is not recoverable. The determination of recoverability is made based upon the estimated undiscounted future net cash flows of assets grouped at the lowest level for which there are identifiable cash flows independent of the cash flows of other groups of assets with such cash flows to be realized over the estimated remaining useful life of the primary asset within the asset group, excluding interest expense. The Company determined the lowest level of identifiable cash flows that are independent of other asset groups to be at the reporting unit level, which consists of the well servicing, fluid servicing, completion and remedial services and contract drilling. If the estimated undiscounted future net cash flows are less than the carrying amount of the related assets, an impairment loss is determined by comparing the fair value with the carrying value of the related assets. Basic determined that the continued drop in utilization across reporting units during 2015 constituted a triggering event. Although the severity and extent of the industry downturn is uncertain, absent a significant recovery in utilization of assets across reporting units , expected cash flows may decline in future periods. As a result of the triggering event in 2015, a recoverability test was performed on the long-lived asset groups supporting each of the Company’s reporting units . As of December 31, 2015, the recoverability testing for each asset group yielded an estimated undiscounted net cash flow that was greater than the carrying amount of the related assets, and as such, no impairment loss was recognized during 2015. If recoverability testing is performed in future periods and any reporting unit experience s a decline in undiscounted cash flows, the reporting unit could be susceptible to an impairment loss. Deferred Debt Costs Basic capitalizes certain costs associated with borrowing, such as lender’s fees and related attorney’s fees. These costs are amortized and included in interest expense using the effective interest method. Deferred debt costs were approximately $26.6 million net of accumulated amortization of $13.5 million, and $25.7 million net of accumulated amortization of $10.4 million at December 31, 2015 and December 31, 2014, respectively. Amortization of deferred debt costs totaled approximately $3.1 million, $3.2 million and $3.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. In 2015, Basic recorded $508,000 of accelerated amortization of debt issuance costs related to the amended revolving credit agreement. Goodwill and Other Intangible Assets Goodwill and other intangible assets not subject to amortization are tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. A qualitative assessment is allowed to determine if goodwill is potentially impaired. The qualitative assessment determines whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount. If it is more likely that not that the fair value of the reporting unit is less than the carrying amount, then the two step impairment test is performed. First, the fair value of each reporting unit is compared to its carrying value to determine whether an indication of impairment exists. If impairment is indicated, then the fair value of the reporting unit’s goodwill is determined by allocating the unit’s fair value to its assets and liabilities (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. The amount of impairment for goodwill is measured as the excess of its carrying value over its fair value. Basic completes its assessment of goodwill impairment as of December 31 each year. The Company performed an assessment of goodwill related to the completion and remedial reporting unit as of September 30, 2015. This assessment indicated that $81.9 million was impaired as of September 30, 2015. This non-cash charge eliminated all of the Company’s existing goodwill as of September 30, 2015, and is included as Impairment of Goodwill on the consolidated statement of operations. See N ote 19 for further disclosure regarding goodwill . The changes in the carrying amount of goodwill for the year ended December 31, 2015, are as follows (in thousands): Completion and Remedial Services Balance as of December 31, 2014 $ 78,011 Goodwill adjustments 3,866 Goodwill impairment (81,877) Balance as of December 31, 2015 $ - Basic had trade names of $1.9 million as of December 31, 2015 and 2014. Trade names have an indefinite life and are tested for impairment annually. Basic’s intangible assets subject to amortization were as follows (in thousands): December 31, 2015 December 31, 2014 Customer relationships $ 92,660 $ 88,576 Non-Compete agreements 13,057 13,223 Trade names 1,939 1,939 Other intangible assets 2,086 2,097 109,742 105,835 Less accumulated amortization 42,997 34,662 Intangible assets subject to amortization, net $ 66,745 $ 71,173 Amortization expense for the years ended December 31, 2015, 2014 and 2013 was approximately $8.9 million, $8.6 million, and $8.4 million, respectively. Amortization expense for the next five succeeding years is expected to be as follows (in thousands): Amortization Expense 2016 $ 8,519 2017 8,001 2018 6,682 2019 6,514 2020 6,403 Thereafter 30,626 $ 66,745 Completion and Remedial Services Well Servicing Fluid Services Contract Drilling Total Intangible assets subject to amortization, net $ 49,627 $ 5,889 $ 8,303 $ 2,926 $ 66,745 Customer relationships are amortized over a 15 -year life, non-compete agreements are amortized over a five -year life, rig engineering plans and developed technology are amortized over 15 -year life. Stock-Based Compensation Basic has historically compensated our directors, executives and employees through the awarding of stock options and restricted stock. Basic accounted for stock option and restricted stock awards in 2015, 2014, and 2013 using a grant date fair-value based method, resulting in compensation expense for stock-based awards being recorded in our consolidated statements of operations. For performance based restricted stock awards, compensation expense is recognized in the Company's financial statements based on their grant date fair value. Basic utilizes (i) the closing stock price on the date of grant to determine the fair value of vesting restricted stock awards and (ii) a Monte Carlo simulation to determine the fair value of restricted stock awards with a combination of market and service vesting criteria. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award. The expected volatility utilized in the model was estimated using the historical volatility of the C ompany and our peer companies. The risk-free interest rate was based on the U.S. treasury rate for a term commensurate with the expected life of the grant. Stock options issued are valued on the grant date using Black-Scholes-Merton option pricing model and restricted stock issued is valued based on the fair value of Basic’s common stock at the grant date. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. Because the determination of these various assumptions is subject to significant management judgment and different assumptions could result in material differences in amounts recorded in Basic’s consolidated financial statements, management believes that accounting estimates related to the valuation of stock options are critical. On March 18, 2015, the Compensation Committee of Basic’s Board of Directors approved grants of performance-based phantom stock awards to certain members of management. The performance-based phantom stock awards are tied to Basic’s achievement of total stockholder return (“TSR”) relative to the TSR of a peer group of energy services companies over the performance period (defined as the one-year calculation period starting on the 20th NYSE trading day prior to and including the last NYSE trading day of 2014 and ending on the last NYSE trading day of 2015). The number of phantom shares to be issued will range from 0% to 150% of the 704,089 target number of phantom shares, depending on the performance noted above. Any phantom shares earned at the end of the performance period will then remain subject to vesting in one-third increments on March 15, 2016, 2017 and 2018 (subject to accelerated vesting in certain circumstances). As of Dec ember 3 1 , 2015, Basic estimated that 66.7% of the target number of performance-based awards will be earned. The Compensation Committee also approved grants of phantom restricted stock awards to certain key employees. The number of phantom shares issued was 654,500 . These grants remain subject to vesting over a three -year period, with the first portion vesting March 15, 2016. For further discussion of our share-based compensation, see Note 10. Incentive Plan. Income Taxes We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In the event we were to determine that we would be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance which would reduce the provision for income taxes. Accounts Receivable Basic estimates its allowance for losses on accounts receivable based on past collections and expectations for future collections. Basic regularly reviews accounts for collectability. After all collection efforts are exhausted, if the balance is still determined to be uncollectable, the balance is written off. Expense related to the write off of uncollected accounts is recorded in general and administrative expense. Realized losses have been within management’s expectations. Concentrations of Credit Risk Financial instruments, which potentially subject Basic to concentration of credit risk, consist primarily of temporary cash investments and trade receivables. Basic restricts investment of temporary cash investments to financial institutions with high credit standing. Basic’s customer base consists primarily of multi-national and independent oil and natural gas producers. It performs ongoing credit evaluations of its customers but generally does not require collateral on its trade receivables. Credit risk is considered by management to be limited due to the large number of customers comprising its customer base. Basic maintains an allowance for potential credit losses on its trade receivables, and such losses have been within management’s expectations. Basic did not have any one customer which represented 10% or more of consolidated revenue for 2015, 2014 or 2013. Asset Retirement Obligations Basic is required to record the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets and capitalize an equal amount as a cost of the asset depreciating it over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each quarter to reflect the passage of time, changes in the estimated future cash flows underlying the obligation, acquisition or construction of assets, and settlements of obligations. Environmental Basic is subject to extensive federal, state and local environmental laws and regulations. These laws, which are constantly changing, regulate the discharge of materials into the environment and may require Basic to remove or mitigate the adverse environmental effects of disposal or release of petroleum, chemical and other substances at various sites. Environmental expenditures are expensed or capitalized depending on the future economic benefit. Expenditures that relate to an existing condition caused by past operations and that have no future economic benefits are expensed. Liabilities for expenditures of a non-capital nature are recorded when environmental assessment and/or remediation is probable and the costs can be reasonably estimated. Litigation and Self-Insured Risk Reserves Basic estimates its reserves related to litigation and self-insured risks based on the facts and circumstances specific to the litigation and self-insured claims and its past experience with similar claims. Basic maintains accruals in the consolidated balance sheets to cover self-insurance retentions. Please see Note 7. Commitments and Contingencies for further discussion. Recent Accounting Pronouncements In January 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-01, “ Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The Updates eliminates the concept of an extraordinary item. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic does not believe this pronouncement will have a material impact on its consolidated financial statements and related disclosures. In April 2015, the FASB issued ASU 2015-03, “ Simplifying the Presentation of Debt Issuance Costs. ” ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic does not believe this pronouncement will have a material impact on its consolidated financial statements and related disclosures. In July 2015 the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory.” ASU 2015-11, changes the measurement principle for entities that do not measure inventory using the last-in, first-out (LIFO) or retail inventory method from the lower of cost or market to lower of cost and net realizable value. The Update also eliminates the requirement for these entities to consider replacement cost or net realizable value less an approximately normal profit margin when measuring inventory. The ASU is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements and related disclosures . In August 2015 the FASB issued ASU 2015-14, “Revenue from Contracts with Customers—Deferral of the Effective Date” , that defers by one year the effective date of ASU 2014-09, “Revenue from Contracts with Customers”. The Update is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements and related disclosures . In September 2015 the FASB issued ASU 2015-16, “Business Combinations: Simplifying the Accounting for Measurement-Period Adjustment”. ASU 2015-16 eliminates the requirement for an acquirer to retrospectively adjust the financial statements for measurement –period adjustments that occur in periods after a business combination is consummated. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic has early adopted this pronouncement and it did not have a material impact on its consolidated financial statements and related disclosures . In November 2015, the FASB issued ASU No 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. The main provision of this Update is to simplify the presentation of deferred income taxes by requiring that deferred tax assets and liabilities be classified as noncurrent in the statement of financial position. This Update is effective for Basic in annual and interim periods beginning after December 15, 2016. The adoption of this Update will not have a material impact on the Company's consolidated financial statements and related disclosures .

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Acquisitions [Abstract]
Acquisitions	3. Acquisitions In 2015 and 2014, Basic acquired either substantially all of the assets of each of the following businesses, each of which were accounted for using the purchase method of accounting. The following table summarizes the final values at the date of acquisition (in thousands): Closing Date Total Cash Paid (net of cash acquired) Pioneer Fishing and Rental, Inc. September 17, 2014 $ 16,090 Total 2014 $ 16,090 Harbor Resources, LLC July 17, 2015 $ 4,500 Aerion Rental, LLC July 24, 2015 1,997 Grey Rock Pressure Pumping, LLC August 31, 2015 10,233 Total 2015 $ 16,730 In conjunction with the acquisition of Grey Rock Pressure Pumping, LLC, the Company financed a portion of the assets under capital leases subsequent to the purchase date. The Company received $8.8 million from the lessor, which is included as proceeds from debt on the Company’s Consolidated Statement of Cash Flows. The operations of each of the acquisitions listed above are included in Basic’s statement of operations as of each respective closing date. The pro forma effect of the acquisitions completed in 2015, 2014 and 2013 are not material to the reported results of operations, either individually or when aggregated. The provisional value used on Harbor Resources, LLC, Aerion Rental, LLC and GreyRock Pressure Pumping, LLC. will be finalized once the valuation of the tangible and intangible assets is complete.

Property And Equipment

Property And Equipment	12 Months Ended
	Dec. 31, 2015
Property And Equipment [Abstract]
Property And Equipment	4. Property and Equipment Property and equipment consists of the following (in thousands): December 31, December 31, 2015 2014 Land $ 19,893 $ 19,071 Buildings and improvements 73,599 69,629 Well service units and equipment 488,003 483,644 Fracturing/test tanks 363,346 355,912 Pumping equipment 345,938 343,379 Fluid services equipment 268,249 277,902 Disposal facilities 166,371 157,519 Contract drilling equipment 112,068 110,510 Rental equipment 94,970 102,471 Light vehicles 67,521 70,414 Software 21,920 21,416 Other 16,672 16,324 Construction equipment 15,174 15,764 Brine and fresh water stations 13,761 14,175 Aircraft - 857 2,067,485 2,058,987 Less accumulated depreciation and amortization 1,221,195 1,051,018 Property and equipment, net $ 846,290 $ 1,007,969 Basic is obligated under various capital leases for certain vehicles and equipment that expire at various dates during the next five years. The gross amount of property and equipment and related accumulated amortization recorded under capital leases and included above consists of the following (in thousands): December 31, December 31, 2015 2014 Fluid services equipment $ 129,459 $ 143,014 Pumping equipment 43,573 42,264 Light vehicles 33,424 47,853 Contract drilling equipment 6,493 6,142 Well service units and equipment 541 883 Construction equipment 288 730 Software - 17,120 Other - 71 213,778 258,077 Less accumulated amortization 82,679 100,896 $ 131,099 $ 157,181 Amortization of assets held under capital leases of approxima tely $41.9 million , $37.6 million and $31.7 million for the years ended December 31, 2015, 2014 and 2013, respectively, is included in depreciation and amortization expense in the consolidated statements of operations.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2015
Long-Term Debt [Abstract]
Long-Term Debt	5. Long-Term Debt Long-term debt consists of the following (in thousands): December 31, December 31, 2015 2014 Credit Facilities: Revolver $ - $ 16,000 7.75% Senior Notes due 2019 475,000 475,000 7.75% Senior Notes due 2022 300,000 300,000 Unamortized premium 956 1,217 Capital leases and other notes 111,063 138,930 887,019 931,147 Less current portion 48,651 48,575 $ 838,368 $ 882,572 7.75% Senior Notes due 2019 On February 15, 2011, Basic issued $275.0 million aggregate principal amount of 7.75% Senior Notes due 2019 (the “2019 Notes”). On June 13, 2011, Basic issued an additional $200.0 million aggregate principal amount of 2019 Notes, resulting in outstanding 2019 Notes with aggregate principal amount of $475.0 million. The 2019 Notes are jointly and severally, and unconditionally, guaranteed on a senior unsecured basis by all of Basic’s current subsidiaries, other than three immaterial subsidiaries. The 2019 Notes and the guarantees rank (i) equally in right of payment with any of Basic’s and the subsidiary guarantors’ existing and future senior indebtedness, including Basic’s existing 7.75% Senior Notes due 2022 and the related guarantees, and (ii) effectively junior to all existing or future liabilities of Basic’s subsidiaries that do not guarantee the 2019 Notes and to Basic and the subsidiary guarantors’ existing or future secured indebtedness to the extent of the value of the collateral therefor. The 2019 Notes and the guarantees were offered and sold in private transactions in accordance with Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The purchase price for the $275.0 million of 2019 Notes issued on February 15, 2011 was 100.000% of their principal amount, and the purchase price for the $200.0 million of 2019 Notes issued on June 13, 2011 was 101.000% , plus accrued interest from February 15, 2011. Basic received net proceeds from the issuance of the 2019 Notes of approximately $464.6 million after premiums and offering expenses. Basic used a portion of the net proceeds from the February 2011 offering to fund Basic’s tender offer and consent solicitation for Basic’s 11.625% Senior Secured Notes and to redeem any of the Senior Secured Notes not purchased in the tender offer. Basic used the net proceeds from the June 2011 offering to fund the $186.3 million purchase price for the Maverick Companies acquisition completed in July 2011 and for general corporate purposes. The 2019 Notes were issued pursuant to an indenture dated as of February 15, 2011 (the “2019 Notes Indenture”), by and among Basic, the guarantors party thereto and Wells Fargo Bank, N.A., as trustee. Interest on the 2019 Notes accrues from and including February 15, 2011 at a rate of 7.75% per year. Interest on the 2019 Notes is payable semi-annually in arrears on February 15 and August 15 of each year. The 2019 Notes mature on February 15, 2019 . The 2019 Notes Indenture contains covenants that, among other things, limit Basic’s ability and the ability of certain of its subsidiaries to: · incur additional indebtedness; · pay dividends or repurchase or redeem capital stock; · make certain investments; · incur liens; · enter into certain types of transactions with affiliates; · limit dividends or other payments by Basic’s restricted subsidiaries to Basic; and · sell assets or consolidate or merge with or into other companies. These and other covenants that are contained in the 2019 Notes Indenture are subject to important exceptions and qualifications set forth in the 2019 Notes Indenture. At December 31, 2015 , Basic was in compliance with the restrictive covenants under the 2019 Notes Indenture. Basic may, at its option, redeem all or part of the 2019 Notes, at any time on or after February 15, 2015, at a redemption price equal to 100% of the principal amount thereof, plus a premium declining ratably to par and accrued and unpaid interest to the date of redemption. Following a change of control, as defined in the 2019 Notes Indenture, Basic will be required to make an offer to repurchase all or a portion of the 2019 Notes at 101% of their principal amount, plus accrued and unpaid interest to the date of repurchase. 7.75% Senior Notes due 2022 On October 16, 2012, Basic issued $300.0 million aggregate principal amount of 7.75% Senior Notes due 2022 (the “2022 Notes”). The 2022 Notes are jointly and severally, and unconditionally, guaranteed on a senior unsecured basis initially by all of Basic’s current subsidiaries other than three immaterial subsidiaries. The 2022 Notes and the guarantees rank (i) equally in right of payment with any of Basic’s and the subsidiary guarantors’ existing and future senior indebtedness, including Basic’s existing 2019 Notes and the related guarantees, and (ii) effectively junior to all existing or future liabilities of Basic’s subsidiaries that do not guarantee the 2022 Notes and to Basic’s and the subsidiary guarantors’ existing or future secured indebtedness to the extent of the value of the collateral therefor. The 2022 Notes and the guarantees were offered and sold in private transactions in accordance with Rule 144A and Regulation S under the Securities Act. Basic received net proceeds from the issuance of the 2022 Notes of approximately $293.3 million after discounts and offering expenses. Basic used a portion of the net proceeds from the offering to fund Basic’s pending tender offer and consent solicitation for Basic’s 7.125% Senior Notes due 2016 (The “2016 Notes”) and to redeem any of the 2016 Notes not purchased in the tender offer. The remainder of the net proceeds were used for general corporate purposes. The 2022 Notes and the guarantees were issued pursuant to an indenture dated as of October 16, 2012 (the “2022 Notes Indenture”), by and among Basic, the guarantors party thereto and Wells Fargo Bank, National Association, as trustee. Interest on the 2022 Notes accrues from and including October 16, 2012 at a rate of 7.75% per year. Interest on the 2022 Notes is payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2013. The 2022 Notes mature on October 15, 2022 . The 2022 Notes Indenture contains covenants that, among other things, limit Basic’s ability and the ability of certain of Basic’s subsidiaries to: • incur additional indebtedness; • pay dividends or repurchase or redeem capital stock; • make certain investments; • incur liens; • enter into certain types of transactions with affiliates; • limit dividends or other payments by Basic’s restricted subsidiaries to Basic; and • sell assets or consolidate or merge with or into other companies. These and other covenants that are contained in the 2022 Notes Indenture are subject to important exceptions and qualifications set forth in the 2022 Notes Indenture. At December 31, 2015 , Basic was in compliance with the restrictive covenants under the 2022 Notes Indenture. Basic may, at its option, redeem all or part of the 2022 Notes, at any time on or after October 15, 2017, at a redemption price equal to 100% of the principal amount thereof, plus a premium declining ratably to par and accrued and unpaid interest to the date of redemption. In addition, at any time before October 15, 2017, Basic may redeem some or all of the 2022 Notes at a redemption price equal to 100% of the principal amount of the 2022 Notes, plus an applicable premium and accrued and unpaid interest to the date of redemption. Following a change of control, as defined in the 2022 Notes Indenture, Basic will be required to make an offer to repurchase all or a portion of the 2022 Notes at 101% of their principal amount, plus accrued and unpaid interest to the date of repurchase. Previous Revolving Credit Facility On February 15, 2011, in connection with the initial offering of 2019 Notes, Basic terminated its previous $30.0 million secured revolving credit facility with Capital One, National Association, and entered into a credit agreement (the “Previous Credit Agreement”) providing for a $165.0 million Revolving Credit Facility. On November 26, 2014 Basic amended and restated the Previous Credit Agreement in order to increase the aggregate commitments and extend the maturity date (each defined in the Previous Credit Agreement), among other modifications. Amended and Restated Revolving Credit Facility On November 26, 2014, Basic entered into an amended and restated $300.0 million revolving credit facility (the “Amended and Restated Credit Agreement”) with a syndicate of lenders and Bank of America, N.A., as administrative agent for the lenders. The Amended and Restated Credit Agreement includes an accordion feature whereby the total credit available to Basic can be increased by up to $150.0 million under certain circumstances, subject to additional lender commitments. The obligations under the Credit Agreement are guaranteed on a joint and several basis by each of Basic’s current subsidiaries, other than three immaterial subsidiaries, and are secured by substantially all of Basic and Basic’s guarantors’ assets as collateral under a Security Agreement dated as of February 15, 2011, as ratified by a Ratification and Amendment of Security Agreement dated as of November 26, 2014 (as so ratified the “Security Agreement”). Borrowings under the Amended and Restated Credit Agreement mature on November 26, 2019 unless Basic has not refinanced its 2019 Notes by August 15, 2018, in which event borrowing under the Amended and Restated Credit Agreement will mature on January 2, 2019. Basic has the ability at any time to prepay the Amended and Restated Credit Agreement without premium or penalty. At Basic’s option, advances under the Amended and Restated Credit Agreement may be comprised of (i) alternate base rate loans, at a variable base interest rate plus a margin ranging from 1.25% to 2.25% based on Basic’s consolidated leverage ratio or (ii) Eurodollar loans, at a variable base interest rate plus a margin ranging from 2.25% to 3.25% based on Basic’s consolidated leverage ratio. Basic will pay a commitment fee equal to 0.50% on the daily unused amount of the commitments under the Amended and Restated Credit Agreement. The Amended and Restated Credit Agreement contains various covenants that, subject to agreed upon exceptions, limit Basic’s ability and the ability of certain of Basic’s subsidiaries to: • incur indebtedness; • grant liens; • enter into sale and leaseback transactions; • make loans, capital expenditures, acquisitions and investments; • change the nature of business; • acquire or sell assets or consolidate or merge with or into other companies; • declare or pay dividends; • enter into transactions with affiliates; • enter into burdensome agreements; • prepay, redeem or modify or terminate other indebtedness; • change accounting policies and reporting practices; • amend organizational documents; and • use proceeds to fund any activities of or business with any person that is the subject of governmental sanctions. The Amended and Restated Credit Agreement also contains covenants that require Basic to maintain specified rations or conditions as follows: · a minimum consolidated interest coverage ratio of not less than 2.50 to 1.00; · a maximum consolidated leverage ratio not to exceed 4.00 to 1.00 ; · a maximum consolidated senior secured leverage ratio of 2.00 to 1.00. If an event of default occurs under the Amended and Restated Credit Agreement, then the lenders may (i) terminate their commitments under the Amended and Restated Credit Agreement, (ii) declare any outstanding loans under the Amended and Restated Credit Agreement to be immediately due and payable (iii) require that Basic cash collateralize its letter of credit obligations and (iv) foreclose on the collateral secured by the Security Agreement. On December 15, 2014, Basic entered into an amendment to the Amended and Restated Credit Agreement that, among other things, (i) permits the prepayment, purchase or other satisfaction of senior notes by the borrower in an aggregate principal amount not to exceed $100 million, provided that certain requirements are met, (ii) permits the disposition of those senior notes prepaid, purchased or otherwise satisfied by the borrower or any other loan party (the “Permitted Purchased Notes”), provided that certain requirements are met, (iii) permits the cancellation or other satisfaction of any Permitted Purchased Notes and (iv) removes Permitted Purchased Notes and any interest or gain therefrom from the calculations of consolidated interest coverage ratio, consolidated EBITDA, consolidated leverage ratio and consolidated net income under the Amended and Restated Credit Agreement. On April 21, 2015, Basic entered into an amendment to the Amended and Restated Credit Agreement that, among other things: (A) reduces the maximum aggregate commitments thereunder from $300 million to $250 million; (B) permits credit extensions under the Credit Agreement based on availability under a borrowing base comprised of eligible billed accounts receivable, eligible unbilled accounts receivable and eligible equipment of Basic; and (C) provides for the replacement of the existing financial covenants with new financial covenants, which apply only if availability under the Credit Agreement is less than the greater of (i) 25% of the aggregate commitments outstanding, or (ii) $62.5 million. If availability is less than these amounts, Basic will be required to maintain (a) a consolidated senior secured leverage ratio not to exceed 2.50 to 1.00 and (b) a consolidated fixed charge coverage ratio not less than 1.00 to 1.00. Basic had no borrowings and $50.3 million of letters of credit outstanding under the Credit Agreement as of December 31, 2015 , giving Basic $ 93.4 million of available borrowing capacity. At December 31, 2015 , Basic was in compliance with its covenants under the Credit Agreement. Other Debt Basic has a variety of other capital leases and notes payable outstanding, which is generally customary in Basic’s business. None of these debt instruments is material individually. Basic’s leases with Banc of America Leasing & Capital, LLC require Basic to maintain a minimum debt service coverage ratio of 1.05 to 1.00. At December 31, 2015 , Basic was in compliance with this covenant. As of December 31, 2015 the aggregate maturities of debt, including capital leases, for the next five years and thereafter are as follows (in thousands): Debt Capital Leases 2016 $ - $ 48,651 2017 - 32,355 2018 - 23,809 2019 475,000 6,060 2020 - 95 Thereafter 300,000 93 $ 775,000 $ 111,063 Basic’s interest expense consisted of the following (in thousands): Years ended December 31, 2015 2014 2013 Cash payments for interest $ 61,587 $ 61,873 $ 62,609 Commitment and other fees paid 2,484 2,767 1,905 Amortization of debt issuance costs and premium on senior secured notes 3,362 2,934 2,878 Change in accrued interest 563 (269) 129 Capitalized interest (139) (349) (354) Other 107 86 40 Total interest expense $ 67,964 $ 67,042 $ 67,207

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	6. Income Taxes Income tax expense (benefit) consists of the following (in thousands): Years ended December 31, 2015 2014 2013 Current: Federal $ (151) $ 151 $ - State (9) 842 435 Total (160) 993 435 Deferred: Federal (127,482) (1,015) (18,873) State (3,688) 543 (1,287) Total (131,170) (472) (20,160) Total income tax expense (benefit) $ (131,330) $ 521 $ (19,725) Basic paid no federal income taxes during 2015 and 2014 . Ba sic paid federal income taxe s of $601,000 during 2013. Reconciliation between the amount determined by applying the federal statutory rate of 35% to loss before income taxes to income (benefit) expense is as follows (in thousands): Years ended December 31, 2015 2014 2013 Statutory federal income tax $ (130,576) $ (2,737) $ (19,479) Meals and entertainment 684 825 660 State taxes, net of federal benefit (3,698) 1,093 (966) Goodwill impairment 2,833 1,380 - Changes in estimates and other (573) (40) 60 $ (131,330) $ 521 $ (19,725) The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows (in thousands): December 31, 2015 2014 Deferred tax assets: Operating loss carryforward $ 130,826 $ 39,737 Goodwill and intangibles 32,992 9,659 Accrued liabilities 14,028 15,573 Deferred compensation 12,988 12,008 Receivables allowance 976 746 Asset retirement obligation 672 625 Inventory 164 146 Valuation Allowances (878) - Total deferred tax assets $ 191,768 $ 78,494 Deferred tax liabilities: Property and equipment (195,211) (209,650) Prepaid expenses (1,623) (1,801) Total deferred tax liabilities $ (196,834) $ (211,451) Net deferred tax liability $ (5,066) $ (132,957) Recognized as: Deferred tax assets - current 13,484 14,664 Deferred tax liabilities - non-current (18,550) (147,621) Net deferred tax liabilities $ (5,066) $ (132,957) Basic provides a valuation allowance when it is more likely than not that some portion of the deferred tax assets will not be realized. Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to utilize the existing deferred tax assets. Based on this evaluation, as of December 31, 2015, a valuation allowance of approximately $878 ,000 has been recorded on the net deferred tax asset for state net operating loss carryforwards and other deductible temporary differences in certain state tax jurisdiction in order to measure only the portion of the deferred tax asset that more likely than not will be realized. The amount of the deferred tax asset considered realizable for U.S deferred tax assets and state deferred tax assets that do not have a valuation allowance necessary as of December 31, 2015, however, could be adjusted if estimates of future taxable income during the carryforward period are reduced. Interest is recorded in interest expense and penalties are recorded in income tax expense. Basic had no interest or penalties related to an uncertain tax positions during 2015. Basic files federal income tax returns and state income tax returns in Texas and other state tax jurisdictions. As of December 31, 2015, Basic had approximately $352.5 million of net operating loss carryforwards ("NOL"), for federal income tax purposes, which begin to expire in 2031 and $141.4 million of net operating loss carryforwards for state income tax purposes which begin to expire in 2016 .

Commitments And Contingencies

Commitments And Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies [Abstract]
Commitments And Contingencies	7. Commitments and Contingencies Environmental Basic is subject to various federal, state and local environmental laws and regulations that establish standards and requirements for protection of the environment. Basic cannot predict the future impact of such standards and requirements which are subject to change and can have retroactive effectiveness. Basic continues to monitor the status of these laws and regulations. Management believes that the likelihood of new environmental regulations resulting in a material adverse impact to Basic’s financial position, liquidity, capital resources or future results of operations is unlikely. Currently, Basic has not been fined, cited or notified of any environmental violations that would have a material adverse effect upon its financial position, liquidity or capital resources other than the situation noted below. However, management does recognize that by the very nature of its business, material costs could be incurred in the near term to maintain compliance. The amount of such future expenditures is not determinable due to several factors, including the unknown magnitude of possible regulation or liabilities, the unknown timing and extent of the corrective actions which may be required, the determination of Basic’s liability in proportion to other responsible parties and the extent to which such expenditures are recoverable from insurance or indemnification. Litigation From time to time, Basic is a party to litigation or other legal proceedings that Basic considers to be a part of the ordinary course of business. Basic is not currently involved in any legal proceedings that it considers probable or reasonably possible, individually or in the aggregate, to result in a material adverse effect on its financial condition, results of operations or liquidity. State Tax Audit In 2011, Basic was notified by the Texas State Comptroller’s office that a sales and use tax audit for the period from 2006 through 2010 would be conducted. In 2012 based on Basic’s analysis, the potential liability associated with this audit ranged from $5.9 million to $7.3 million. An accrual for the estimated liability of $5.9 million was recorded in 2012 in Basic’s financial statements as general and administrative expense. In 2013, a final settlement was agreed upon for $7.4 million, resulting in an additional $1.5 million of expense recorded in 2013. Operating Leases Basic leases certain property and equipment under non-cancelable operating leases. The term s of the operating leases generally range from 12 to 60 months with varying payment dates throughout each month. As of December 31, 2015 , the future minimum lease payments under non-cancelable operating leases are as follows (in thousands): Year ended December 31, 2016 $ 4,162 2017 2,838 2018 2,212 2019 1,761 2020 1,480 Thereafter 3,431 Total $ 15,884 Rent expense approximated $ 13.9 million, $16.9 million and $18.2 million for 2015 , 2014 and 2013 , respectively. Basic leases rights for the use of various brine and fresh water wells and disposal wells ranging in terms from month-to-month up to 99 years. The above table reflects the future minimum lease payments if the lease contains a periodic rental. However, the majority of these leases require payments based on a royalty percentage or a volume usage. Employment Agreements Under the Amended and Restated Employment Agreement with T . M. “Roe” Patterson, Chief Executive Officer and President of Basic, initially effective through December 31, 201 6 , Mr. Patterson was initially entitled to an annual salary of $650,000 , to be adjusted subject to review by the Compensation Committee of the Board . Under this employment agreement, Mr. Patterson is eligible from time to time to receive grants of stock options and other long-term equity incentive compensation under the terms of Basic’s equity compensation plans . In addition, upon a qualified termination of employment, Mr. Patterson would be entitled to three times his annual base salary plus his current annual incentive target bonus for the full year in which the termination of employment occurred. If employment is terminated for certain reasons within the six months preceding or the twelve months following the change of control of the Company, Mr. Patterson would be entitled to a lump sum severance payment equal to three times the sum of his annual base salary plus the higher of (i) his current incentive target bonus for the full year in which the termination of employment occurred or (ii) the highest annual incentive bonus received by him for any of the last three fiscal years. Basic also has entered into employment agreements with various other executive officers. Under these agreements, if the officer’s employment is terminated for certain reasons, he would be entitled to a lump sum severance payment equal to either 0.75 times to 1.5 times the sum of his annual base salary plus his current annual incentive target bonus for the full year in which the termination occurred. If employment is terminated for certain reasons within the six months preceding or the twelve months following the change of control of the Company, he would be entitled to a lump sum severance payment equal to either 1.0 or 2.0 times the sum of his annual base salary plus the higher of (i) his current incentive target bonus for the full year in which the termination of employment occurred or (ii) the highest annual incentive bonus received by him for any of the last three fiscal years. Self-Insured Risk Accruals Basic is self-insured up to retention limits as it relates to workers’ compensation, general liability claims, and medical and dental coverage of its employees. Basic generally maintains no physical property damage coverage on its rig fleet, with the exception of certain of its 24-hour workover rigs , newly manufactured rigs and pumping services equipment . Basic has deductibles per occurrence for workers’ compensation, general liability claims, and medical and dental coverage of $2.5 million, $1.0 million and $400,000 , respectively. Basic has $1.0 million as deductibles per occurrence for automobile liability. Basic maintains accruals in the accompanying consolidated balance sheets related to self-insurance retentions by using third-party data and claims history. In 2015 and 2014 , Basic classified the workers’ compensation self-insured risk reserve between short-term and long-term, with $7.5 million and $9.1 million being allocated to short-term and $15.9 million and $16.8 million being allocated to long-term, respectively. At December 31, 2015 and December 31, 201 4 , self-insured risk accruals totaled approximately $30.8 million, net of $73,000 receivable for medical and dental coverage, and $33.4 million, net of $14,000 receivable for medical and dental coverage, respectively.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity [Abstract]
Stockholders' Equity	8. Stockholders’ Equity Common Stock At December 31, 2015 and 2014, Basic had 80,000,000 shares of Basic’s common stock, par value $.01 per share, authorized. In March 2013, Basic granted various employees 432,400 restricted shares of common stock that vest over a three -year period and 262,000 shares that vest over a four -year period. The Compensation Committee of Basic’s Board of Directors approved grants of performance-based stock awards to certain members of management. In February 2014, it was determined that 283,223 shares, or 106% of the target number of shares, were earned based on Basic’s achievement of total stockholder return over the performance period from January 1, 2013 through December 31, 2013, as compared to other members of a defined peer group. These restricted shares remain subject to vesting over a three-year period, with the first shares vesting on March 15, 2015. During the year ended December 3 1 , 2013, Basic is sued 107,250 shares of common stock from treasury stock for the exercise of stock options. In March 201 4 , Basic granted various employees 414,900 restricted shares of common stock that vest over a three -year period and 294,909 shares that vest over a four -year period. The Compensation Committee of Basic’s Board of Directors approved grants of performance-based stock awards to certain members of management. In February 2015, it was determined that 122,915 shares, or 42.9% of the target number of shares, were earned based on Basic’s achievement of total stockholder return over the performance period from January 1, 2014 through December 31, 2014, as compared to other members of a defined peer group. These restricted shares remain subject to vesting over a three -year period, with the first shares vesting on March 15, 2016. In March 201 5 , Basic granted certain members of management 888,104 restricted shares of common stock that vest over a three -year period. During the year ended December 3 1 , 201 5 , Basic is sued 103,750 shares of common stock from treasury stock for the exercise of stock options. Treasury Stock In May 2012, Basic announced that its Board of Directors reinstated the share repurchase program initially adopted in 2008 and suspended in 2009. The program allows the repurchase of up to $50.0 million of Basic’s shares of common stock from time to time in open market or private transactions, at Basic’s discretion. The number of shares purchased and the timing of purchases is based on several factors, including the price of the common stock, general market conditions, available cash and alternative investment opportunities. During 2015, Basic repurchased 913,600 shares for a total price of approximately $4.5 million (an average of approximately $4.90 per share), inclusive of commissions and fees. As of December 31, 2015, Basic may purchase up to an additional $9.5 million of Basic’s shares of common stock under this program. Basic also acquired treasury shares through net share settlements for payment of payroll taxes upon the vesting of restricted stock. Basic repurchased a total of 230,048 and 254,604 shares through net share settlements during 2015 and 2014, respectively. Preferred Stock At December 31, 2015 and 2014, Basic had 5,000,000 shares of preferred stock, par value $.01 per share, authorized, of which none was designated, issued or outstanding .

Stockholders' Agreement

Stockholders' Agreement	12 Months Ended
	Dec. 31, 2015
Stockholders' Agreement [Abstract]
Stockholders' Agreement	9. Stockholders’ Agreement On December 20, 2010, Basic entered into the Third Amended and Restated Stockholders’ Agreement (the “Stockholders’ Agreement”) effective as of December 20, 2010 by and among Basic and certain affiliates of DLJ Merchant Banking party thereto (such affiliates, the “DLJ Parties”), which amended and restated the Second Amended and Restated Stockholders’ Agreement dated as of April 2, 2004, which terminated with respect to all other parties in accordance with its terms on December 21, 2010. The Stockholders’ Agreement provides for certain informational and consultation rights, along with confidentiality obligations, and registration rights for the DLJ Parties. As long as (i) any DLJ Party remains an Affiliate (as defined in the Stockholders’ Agreement) of Basic or (ii) the DLJ Parties, collectively, beneficially hold at least ten percent of the outstanding shares of Basic’s common stock, the DLJ Parties can require Basic to register shares of common stock on up to three occasions, provided that the proposed offering proceeds for the offering equal or exceed $10 million (or $5 million if Basic is able to register such securities on Form S-3). In addition such demand registration rights, the Stockholders’ Agreement provides the DLJ Parties with piggyback registration rights with respect to any proposed offering of equity securities pursuant to a registration statement filed by Basic (other than a registration statement on Form S-4 or Form S-8). Basic is also obligated under the Stockholders’ Agreement to perform certain other actions in connection with a demand registration or piggyback registration request by any of the DLJ Parties. The Stockholders’ Agreement terminate d in 2015 .

Incentive Plan

Incentive Plan	12 Months Ended
	Dec. 31, 2015
Incentive Plan [Abstract]
Incentive Plan	10. Incentive Plan In May 2003, Basic’s board of directors and stockholders approved the Basic 2003 Incentive Plan (as amended effective May 22, 2013) (the “Plan”), which provides for granting of incentive awards in the form of stock options, restricted stock, performance awards, bonus shares, phantom shares, cash awards and other stock-based awards to officers, employees, directors and consultants of Basic. The Plan assumed the awards of the plans of Basic’s predecessors that were awarded and remained outstanding prior to adoption of the Plan. The Plan provides for the issuance of 11,350,000 shares. Of these shares, approximately 2,095,334 sha res are available for grant as of December 31, 2015. The Plan is administered by the Plan committee, and in the absence of a Plan committee, by the Board of Directors, which determines the awards and the associated terms of the awards and interprets its provisions and adopts policies for implementing the Plan. The number of shares authorized under the Plan and the number of shares subject to an award under the Plan will be adjusted for stock splits, stock dividends, recapitalizations, mergers and other changes affecting the capital stock of Basic. There were no options granted during 2015, 2014 or 2013. During the years ended December 31, 2015, 2014 and 2013, compensation expense related to share-based arrangements including both restricted stock awards and stock option awards was approximatel y $13.7 mill ion, $14.7 million and $11.8 million, respectively. For compensation expense recognized during the years ended December 31, 2015, 2014 and 2013, Basic recognized a tax benefit of approximately $4.8 million, $5.3 million and $4.0 million, respectively. As of December 31, 2015, there wa s $15.7 mill ion of total unrecognized compensation related to non-vested share-based compensation arrangements granted under the Plan. That cost is expected to be recognized over a weighted-average period of 1.76 ye ars. The total fair value of share-based awards vested during the years ended December 31, 2015, 2014 and 2013 was approximate ly $5.4 mill ion, $20.6 million and $11.9 million, respectively. During 2015, 2014 and 2013 there was no tax benefit due to the net operating loss. In the event of a net operating gain the tax benefits would have been $11,000 , $4.5 million and $764,000 , respectively. Stock Option Awards The fair value of each option award is estimated on the date of grant using the Black-Scholes-Merton option-pricing model. Options granted under the Plan expire ten years from the date they are granted, and generally vest over periods ranging from three to five years. The following table reflects the summary of stock options outstanding at December 31, 2015 and the changes during the twelve months then ended: Weighted Weighted Average Aggregate Number of Average Remaining Intrinsic Options Exercise Contractual Value Granted Price Term (Years) (000's) Non-statutory stock options: Outstanding, beginning of period 280,000 $ 19.05 Options granted - - Options forfeited - $ - Options exercised (103,750) $ 6.98 Options expired (1,250) $ 6.98 Outstanding, end of period 175,000 $ 26.29 0.33 - Exercisable, end of period 175,000 $ 26.29 0.33 - Vested or expected to vest, end of period 175,000 $ 26.29 0.33 - The total intrinsi c value of share options exercised during the years ended December 31, 2015, 2014 and 2013 was approximately $37,000 , $2.2 million and $921,000 , respectively. Cash received from option exercises under the Plan was approximat ely $724,000 , $4.3 million and $582,000 for the years ended December 31, 2015, 2014 and 2013, respectively. During 2014 and 2013 there was no tax benefit due to the net operating loss. In the event of a net operating gain the tax benefit would have been $535,000 and $192,000 , respectively. The Company has a history of issuing treasury and newly-issued shares to satisfy share option exercises. Restricted Stock Awards A summary of the status of Basic’s non-vested share grants at December 31, 2015 and changes during the year ended December 31, 2015 is presented in the following table: Weighted Average Number of Grant Date Fair Shares Value Per Share Nonvested at beginning of period 2,193,671 $ 19.56 Granted during period 888,104 7.54 2014 Performance shares adjustment during period (163,603) 5.72 Vested during period (934,636) 16.75 Forfeited during period (16,160) 21.80 Nonvested at end of period 1,967,376 $ 14.34 Phantom Stock Awards On March 18, 2015, the Compensation Committee of Basic’s Board of Directors approved grants of performance-based phantom stock awards to certain members of management. The performance-based phantom stock awards are tied to Basic’s achievement of total stockholder return (“TSR”) relative to the TSR of a peer group of energy services companies over the performance period (defined as the one-year calculation period starting on the 20th NYSE trading day prior to and including the last NYSE trading day of 2014 and ending on the last NYSE trading day of 2015). The number of phantom shares to be issued will range from 0% to 150% of the 704,089 target number of phantom shares, depending on the performance noted above. Any phantom shares earned at the end of the performance period will then remain subject to vesting in one-third increments on March 15, 2016, 2017 and 2018 (subject to accelerated vesting in certain circumstances). As of Dec ember 3 1, 2015, Basic estimated that 66.7% of the target number of performance-based awards will be earned. The Compensation Committee also approved grants of phantom restricted stock awards to certain key employees. The number of phantom shares issued was 654,500 . These grants remain subject to vesting over a three -year period, with the first portion vesting on March 15, 2016 .

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	11. Related Party Transactions Basic had receivables from employees of approximatel y $34,000 and $161,000 as of December 31, 2015 and December 31, 2014, respectively. In December 2010, Basic entered into a lease agreement with Darle Vuelta Cattle Co., LLC (“DVCC”) for the right to operate a salt water disposal well, brine well and fresh water well. The term of the leases is two years and will continue until the salt water disposal well and brine well are plugged and no fresh water is being sold. The lease payments are the greater of (i) the sum of $0.10 per barrel of disposed oil and gas waste and $0.05 per barrel of brine or fresh water sold or (ii) $5,000 per month. In October 2011, Basic purchased approximately 17 acres of land for approximately $209,000 from Darle Vuelta Cattle Co., LLC. In April 2012, Basic purchased approximately 22 acres of land for approximately $215,000 from Darle Vuelta Cattle Co., LLC. In February 2015, Basic purchased 100 acres of vacant land outside of Midland, Texas for $1.5 million from DVCC. Basic entered into a joint venture agreement with a family member of an executive officer to form an entity in 2010. Basic held 80 % of the equity in the joint venture, and accounted for the entity as a consolidated investment. In 2013 and 2012, Basic funded approxim ately $2.4 million and $4.5 million, respectively, for this joint venture. The entity had only research and development activities in 2013 and 2012. This joint venture agreement was terminated in November 2013, and Basic now owns 100% of the entity.

Profit Sharing Plan

Profit Sharing Plan	12 Months Ended
	Dec. 31, 2015
Profit Sharing Plan [Abstract]
Profit Sharing Plan	12. Profit Sharing Plan Basic has a 401(k) profit sharing plan that covers substantially all employees. Employees may contribute up to their base salary not to exceed the annual Federal maximum allowed for such plans. At management’s discretion, Basic may make a matching contribution proportional to each employee’s contribution. Employee contributions are fully vested at all times. Employer matching contributions vest incrementally, with full vesting occurring after five years of service. Employer contributions to the 401(k) plan approxi mated $407,000 , $4.0 million, and $3.4 million in 2015, 2014 and 2013, respectively.

Deferred Compensation Plan

Deferred Compensation Plan	12 Months Ended
	Dec. 31, 2015
Deferred Compensation Plan [Abstract]
Deferred Compensation Plan	13. Deferred Compensation Plan In April 2005, Basic established a deferred compensation plan for certain employees. Participants may defer up to 50% of their salary and 100% of any cash bonuses. Basic makes matching contributions of 100% of the first 3% of the participants’ deferred pay and 50% of the next 2% of the participants’ deferred pay to a maximum match of $10,000 per year. Employer matching contributions and earnings thereon are subject to a five -year vesting schedule with full vesting occurring after five years of service. Employer contributions to the deferred compensation plan net of earnings approximated an expe nse of $172,000 , $665,000 and $996,000 in 2015, 2014 and 2013, respectively.

Net Income Or Loss Per Share

Net Income Or Loss Per Share	12 Months Ended
	Dec. 31, 2015
Loss per share of common stock:
Net Income Or Loss Per Share	14. Net Income or Loss Per Share Basic income or loss per common share are determined by dividing net income or loss applicable to common stock by the weighted average number of common shares actually outstanding during the year. Diluted income or loss per common share is based on the increased number of shares that would be outstanding assuming conversion of dilutive outstanding securities using the “as if converted” method. The following table sets forth the computation of basic and diluted loss per share (in thousands, except share data): Years ended December 31, 2015 2014 2013 Numerator (both basic and diluted): Net income (loss) available to common stockholders $ (241,745) $ (8,341) $ (35,929) Denominator: Denominator for basic earnings per share 40,505,429 41,165,940 40,288,218 Denominator for diluted earnings per share 40,505,429 41,165,940 40,288,218 Basic earnings (loss) per common share: $ (5.97) $ (0.20) $ (0.89) Diluted earnings (loss) per common share: $ (5.97) $ (0.20) $ (0.89) The company has issued potentially dilutive instruments such as unvested restricted stock and common stock options. However, the company did not include these instruments in its calculation of diluted loss per share during the periods presented, because to include them would be anti-dilutive. The following shows potentially dilutive instruments: Years ended December 31, 2015 2014 2013 Stock options 26,527 159,888 116,925 Unvested restricted stock 643,351 967,200 548,413 669,878 1,127,088 665,338

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2015
Business Segment Information [Abstract]
Business Segment Information	15. Business Segment Information Basic’s reportable business segments are Completion and Remedial Services, Fluid Services, Well Servicing, and Contract Drilling. These segments have been selected based on changes in management’s resource allocation and performance assessment in making decisions regarding the Company. The following is a description of the segments: Completion and Remedial Services: This segment utilizes a fleet of pumping units, air compressor packages specially configured for underbalanced drilling operations, coiled tubing services, nitrogen services, cased-hole wireline units, an array of specialized rental equipment and fishing tools, thru-tubing and snubbing units. The largest portion of this business consists of pumping services focused on cementing, acidizing and fracturing services in niche markets. Fluid Services: This segment utilizes a fleet of trucks and related assets, including specialized tank trucks, storage tanks, water wells, disposal facilities water treatment and related equipment. Basic employs these assets to provide, transport, store and dispose of a variety of fluids. These services are required in most workover, completion and remedial projects as well as part of daily producing well operations. Also included in this segment are our construction services which provide services for the construction and maintenance of oil and natural gas production infrastructures. Well Servicing: This segment encompasses a full range of services performed with a mobile well servicing rig, including the installation and removal of downhole equipment and elimination of obstructions in the well bore to facilitate the flow of oil and natural gas. These services are performed to establish, maintain and improve production throughout the productive life of an oil and natural gas well and to plug and abandon a well at the end of its productive life. Basic’s well servicing equipment and capabilities also facilitate most other services performed on a well. This segment also includes the manufacture and servicing of mobile well servicing rigs. Contract Drilling: This segment utilizes shallow and medium depth rigs and associated equipment for drilling wells to a specified depth for customers on a contract basis. Basic’s management evaluates the performance of its operating segments based on operating revenues and segment profits. Corporate expenses include general corporate expenses associated with managing all reportable operating segments. Corporate assets consist principally of working capital and debt financing costs. The following table sets forth certain financial information with respect to Basic’s reportable segments (in thousands): Completion and Remedial Fluid Well Contract Corporate Services Services Servicing Drilling and Other Total Year ended December 31, 2015 Operating revenues $ 307,550 $ 258,597 $ 217,245 $ 22,207 $ — $ 805,599 Direct operating costs (245,069) (196,155) (184,952) (16,680) — (642,856) Segment profits $ 62,481 $ 62,442 $ 32,293 $ 5,527 $ — $ 162,743 Depreciation and amortization $ 83,882 $ 71,280 $ 60,466 $ 14,083 $ 11,760 $ 241,471 Capital expenditures, (excluding acquisitions) $ 22,384 $ 19,950 $ 18,732 $ 2,431 $ 6,323 $ 69,820 Identifiable assets $ 365,574 $ 257,036 $ 233,293 $ 51,930 $ 253,536 $ 1,161,369 Year ended December 31, 2014 Operating revenues $ 698,917 $ 369,774 $ 361,683 $ 60,910 $ — $ 1,491,284 Direct operating costs (434,457) (265,105) (270,344) (41,513) — (1,011,419) Segment profits $ 264,460 $ 104,669 $ 91,339 $ 19,397 $ — $ 479,865 Depreciation and amortization $ 74,924 $ 64,445 $ 55,131 $ 12,773 $ 10,207 $ 217,480 Capital expenditures, (excluding acquisitions) $ 168,017 $ 71,112 $ 54,858 $ 9,311 $ 8,196 $ 311,494 Identifiable assets $ 514,842 $ 299,542 $ 276,696 $ 60,362 $ 445,735 $ 1,597,177 Year ended December 31, 2013 Operating revenues $ 501,137 $ 343,863 $ 363,386 $ 54,518 $ — $ 1,262,904 Direct operating costs (327,540) (239,154) (265,058) (36,336) — (868,088) Segment profits $ 173,597 $ 104,709 $ 98,328 $ 18,182 $ — $ 394,816 Depreciation and amortization $ 62,609 $ 63,316 $ 60,474 $ 12,815 $ 10,533 $ 209,747 Capital expenditures, (excluding acquisitions) $ 59,345 $ 66,992 $ 39,001 $ 4,576 $ 17,601 $ 187,515 Identifiable assets $ 432,267 $ 320,404 $ 289,017 $ 59,868 $ 441,783 $ 1,543,339 The following table reconciles the segment profits reported above to the operating income as reported in the consolidated statements of operations (in thousands): Year ended December 31, 2015 2014 2013 Segment profits $ 162,743 $ 479,865 $ 394,816 General and administrative expenses (143,458) (167,301) (171,439) Depreciation and amortization (241,471) (217,480) (209,747) Loss on disposal of assets (1,602) (1,974) (2,873) Goodwill impairment (81,877) (34,703) - Operating income $ (305,665) $ 58,407 $ 10,757

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2015
Schedule Of Accrued Expenses [Abstract]
Accrued Expenses	16. Accrued Expenses The accrued expenses are as follows (in thousands): December 31, 2015 2014 Compensation related $ 14,048 $ 41,620 Workers' compensation self-insured risk reserve 7,481 9,115 Health self-insured risk reserve 3,935 4,756 Accrual for receipts 5,320 416 Ad valorem taxes 2,078 7,160 Sales tax 1,634 3,123 Insurance obligations 3,769 2,898 Professional fee accrual 729 1,221 Fuel accrual 693 1,371 Accrued interest 19,693 19,130 $ 59,380 $ 90,810

Supplemental Schedule Of Cash F

Supplemental Schedule Of Cash Flow Information	12 Months Ended
	Dec. 31, 2015
Supplemental Schedule Of Cash Flow Information [Abstract]
Supplemental Schedule Of Cash Flow Information	17. Supplemental Schedule of Cash Flow Information The following table reflects non-cash financing and investing activity during: Year ended December 31, 2015 2014 2013 (In thousands) Capital leases issued for equipment $ 24,768 $ 75,198 $ 50,565 Asset retirement obligation additions $ - $ 68 $ 144 Basic received a net refund of $450,000 during the year ended December 31, 2015. Basic paid $2.6 million and $1.5 million in income taxes dur ing the years ended December 31 , 2014 and 2013 respectively.

Quarterly Financial Data

Quarterly Financial Data	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Quarterly Financial Data	18. Quarterly Financial Data (Unaudited) The following table summarizes results for each of the four quarters in the years ended December 31, 2015 and 2014 (in thousands, except earnings per share data): First Second Third Fourth Quarter Quarter Quarter Quarter Year Year ended December 31, 2015: Total revenues $ 261,721 $ 193,596 $ 189,247 $ 161,035 $ 805,599 Segment profits $ 66,412 $ 37,022 $ 34,317 $ 24,992 $ 162,743 Net loss (i) $ (32,624) $ (48,295) $ (105,642) - $ (55,184) $ (241,745) Loss per share of common stock (a): Basic $ (0.81) $ (1.20) $ (2.63) $ (1.37) $ (5.97) Diluted $ (0.81) $ (1.20) $ (2.63) $ (1.37) $ (5.97) Weighted average common shares outstanding: Basic 40,072 40,168 40,168 40,148 40,505 Diluted 40,072 40,168 40,168 40,148 40,505 Year ended December 31, 2014: Total revenues $ 336,756 $ 359,662 $ 393,955 $ 400,911 $ 1,491,284 Segment profits $ 104,569 $ 116,732 $ 129,835 $ 128,729 $ 479,865 Net income (loss) (ii) $ (1,907) $ 2,443 $ 9,931 $- $ (18,808) $ (8,341) Loss per share of common stock (a): Basic $ (0.05) $ 0.06 $ 0.24 $ (0.46) $ (0.20) $ - Diluted $ (0.05) $ 0.06 $ 0.24 $ (0.46) $ (0.20) Weighted average common shares outstanding: Basic 40,605 41,342 41,477 41,332 41,166 Diluted 40,605 42,043 42,213 41,332 41,166 (a) The sum of individual quarterly net income per share may not agree to the total for the year due to each period's computation being based on the weighted average number of common shares outstanding during each period. (i) The third quarter loss included goodwill impairment of $81.9 million. (ii) The fourth quarter loss included goodwill impairment of $34.7 million.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	19. Fair Value Measurements Recurring fair value measurements Fair value is the price that would be received to sell an asset or the amount paid to transfer a liability in an orderly transaction between market participants (an exit price) at the measurement date. Fair value is a market based measurement considered from the perspective of a market participant. The Company uses market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation. These inputs can be readily observable, market corroborated, or unobservable. If observable prices or inputs are not available, unobservable prices or inputs are used to estimate the current fair value, often using an internal valuation model. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the item being valued. The Company primarily applies a market approach for recurring fair value measurements using the best available information while utilizing valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. The Company also follows the provisions of ASC Topic 820, Fair Value Measurement , for non-financial assets and liabilities measured at fair value on a non-recurring basis. As it relates to Basic, ASC Topic 820 applies to certain non-financial assets and liabilities as may be acquired in a business combination and thereby measured at fair value; measurements of the fair value of goodwill and measurements of property impairments. There is a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The Company classifies fair value balances based on the observability of those inputs. The three levels of the fair value hierarchy are as follows: Level 1 — Quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 — Inputs are other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable. These inputs are either directly observable in the marketplace or indirectly observable through corroboration with market data for substantially the full contractual term of the asset or liability being measured. Level 3 — Inputs reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model. In valuing certain assets and liabilities, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. For disclosure purposes, assets and liabilities are classified in their entirety in the fair value hierarchy level based on the lowest level of input that is significant to the overall fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the placement within the fair value hierarchy levels. Basic did not have any assets or liabilities that were measured at fair value on a recurring basis at December 31, 2015 and 2014 Non- r ecurring fair value measurements The Company performed a n assessment of goodwill as of September 30, 2015. For step one of the impairment testing, the Company tested its reporting units for goodwill impairment. The Company’s well servicing, fluid services and contract drilling reporting units do not carry any goodwill, and were not subject to the test. To estimate the fair value of the reporting units, we primarily used level 1 and level 3 inputs from the fair value hierarchy, which included a weighting of the discounted cash flow method and the public company guideline method (level 3 inputs) of determining fair value of a business unit. In order to validate the reasonableness of the estimated fair values obtained for the reporting units, a reconciliation of fair value to the value of invested capital debt and equity (level 1 inputs) was performed for each unit on a stand-alone basis. A control premium, derived from market transaction data, was used in this reconciliation to ensure that fair values were reasonably stated in conjunction with our capitalization. The measurement date for our common stock price and market capitalization was the closing price on September 30, 2015. Based on the results of step one of the impairment test, impairment was indicated in the completion and remedial reporting unit. As such, the Company was required to perform step two assessment on the potentially impaired reporting unit. Step two requires the allocation of the estimated fair value to the tangible and intangible assets and liabilities of the respective reporting unit. This assessment indicated that goodwill of $81.9 million was considered impaired as of September 30, 2015. This non-cash charge eliminated all of the Company’s existing goodwill as of September 30, 2015.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	20. Subsequent Events On February 17 , 2016, we entered into a term loan agreement that provides for borrowings of an aggregate principal amount of $165.0 million on the closing date and delayed draw term loan borrowings in an aggregate principal amount not to exceed $15.0 million . We expect the initial closing date of the Term Loan Agreement will occur on February 26, 2016, at which time we will also enter into an amendment to our revolving credit facility to reduce aggregate commitments thereunder to $100.0 million.

Schedule II - Valuation And Qua

Schedule II - Valuation And Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation And Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II — Valuation and Qualifying Accounts Additions Balance at Charged to Charged to Balance at Beginning of Costs and Other Deductions (c) End of Description Period Expenses (a) Accounts (b) (c) Period (in thousands) Year Ended December 31, 2015 Allowance for Bad Debt $ 2,032 $ 2,850 $ - $ (2,212) $ 2,670 Year Ended December 31, 2014 Allowance for Bad Debt $ 3,675 $ 1,244 $ - $ (2,887) $ 2,032 Year Ended December 31, 2013 Allowance for Bad Debt $ 2,780 $ 2,103 $ - $ (1,208) $ 3,675 (a) Charges relate to provisions for doubtful accounts (b) Reflects the impact of acquisitions (c) Deductions relate to the write-off of accounts receivable deemed uncollectible

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Basic and its wholly-owned subsidiaries. Basic has no variable interest in any other organization, entity, partnership, or contract. All intercompany transactions and balances have been eliminated.
Estimates, Risks and Uncertainties	Estimates, Risks and Uncertainties Preparation of the accompanying consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosures of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management uses historical and other pertinent information to determine these estimates. Actual results could differ from those estimates. Areas where critical accounting estimates are made by management include: • Depreciation and amortization of property and equipment and intangible assets • Impairment of property and equipment, goodwill and intangible assets • Allowance for doubtful accounts • Litigation and self-insured risk reserves • Fair value of assets acquired and liabilities assumed in an acquisition • Stock-based compensation • Income taxes
Revenue Recognition	Revenue Recognition Completion and Remedial Services — Completion and remedial services consists primarily of pumping services focused on cementing, acidizing and fracturing, nitrogen units, coiled tubing units, snubbing units, thru-tubing and rental and fishing tools. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices completion and remedial services by the hour, day, or project depending on the type of service performed. When Basic provides multiple services to a customer, revenue is allocated to the services performed based on the fair value of the services. Fluid Services — Fluid services consists primarily of the sale, transportation, treatment, storage and disposal of fluids used in the drilling, production and maintenance of oil and natural gas wells, and well site construction and maintenance services. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices fluid services by the job, by the hour or by the quantities sold, disposed of or hauled. Well Servicing — Well servicing consists primarily of maintenance services, workover services, completion services, plugging and abandonment services and rig manufacturing and servicing. Basic recognizes revenue when services are performed, collection of the relevant receivables is probable, persuasive evidence of an arrangement exists and the price is fixed or determinable. Basic prices well servicing by the hour or by the day of service performed. Rig manufacturing revenue is recognized when the rig is accepted by the customer, based on the completed contract method by individual rig. Contract Drilling — Contract drilling consists primarily of drilling wells to a specified depth using drilling rigs. Basic recognizes revenues based on either a “daywork” contract, in which an agreed upon rate per day is charged to the customer, a “footage” contract, in which an agreed upon rate is charged per the number of feet drilled, or a “turnkey” contract, in which an agreed upon single rate is charged for a drilled well. Taxes assessed on sales transactions are presented on a net basis and are not included in revenue.
Cash and Cash Equivalents	Cash and Cash Equivalents Basic considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents. Basic maintains its excess cash in various financial institutions, where deposits may exceed federally insured amounts at times.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The following is a summary of the carrying amounts and estimated fair values of our financial instruments as of December 31, 2015 and 2014. Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts receivable-related parties, accounts payable and accrued expenses approximate fair value because of the short maturities of these instruments. The carrying amount of our revolving credit facility in long-term debt also approximates fair value due to its variable-rate characteristics. December 31, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) 7.75% Senior Notes due 2019, excluding premium $ 475,000 $ 149,625 $ 475,000 $ 372,875 7.75% Senior Notes due 2022, excluding premium 300,000 87,030 300,000 225,000 7.75% Senior Notes due 2019, and 7.75% Senior Notes due 2022: The fair value of our long-term notes is based upon the quoted market prices at December 31, 2015 and December 31, 2014.
Inventories	Inventories For rental and fishing tools, inventories consisting mainly of grapples, controls, and drill bits are stated at the lower of cost or market, with cost being determined on the average cost method. Other inventories, consisting mainly of manufacturing raw materials, rig components, repair parts, drilling and completion materials and gravel, are held for use in the operations of Basic and are stated at the lower of cost or market, with cost being determined on the first-in, first-out (“FIFO”) method.
Property and Equipment	Property and Equipment Property and equipment are stated at cost or at estimated fair value at acquisition date if acquired in a business combination. Expenditures for repairs and maintenance are charged to expense as incurred and additions and improvements that significantly extend the lives of the assets are capitalized. Upon sale or other retirement of depreciable property, the cost and accumulated depreciation and amortization are removed from the related accounts and any gain or loss is reflected in operations. All property and equipment are depreciated or amortized (to the extent of estimated salvage values) on the straight-line method and the estimated useful lives of the assets are as follows: Buildings and improvements 20 -30 years Well service units and equipment 3 -15 years Fluid services equipment 5 -10 years Brine and fresh water stations 15 years Fracturing/test tanks 10 years Pumping equipment 5 -10 years Construction equipment 3 -10 years Contract drilling equipment 3 -10 years Disposal facilities 10 -15 years Vehicles 3 -7 years Rental equipment 2 -15 years Aircraft 10 years Software and computers 3 years The components of a well servicing rig generally require replacement or refurbishment during the well servicing rig’s life and are depreciated over their estimated useful lives, which ranges from 3 to 15 years. The costs of the original components of a purchased or acquired well servicing rig are not maintained separately from the base rig.
Impairments	Impairments Long-lived assets, which include property, plant and equipment, and purchased intangible s subject to amortization with finite lives, are evaluated whenever events or changes in circumstances (“triggering events”) indicate that the carrying value of certain long-lived assets may not be recoverable. Long-lived assets are reviewed for impairment upon the occurrence of a triggering event. An impairment loss is recorded in the period in which it is determined that the carrying amount of a long-lived asset is not recoverable. The determination of recoverability is made based upon the estimated undiscounted future net cash flows of assets grouped at the lowest level for which there are identifiable cash flows independent of the cash flows of other groups of assets with such cash flows to be realized over the estimated remaining useful life of the primary asset within the asset group, excluding interest expense. The Company determined the lowest level of identifiable cash flows that are independent of other asset groups to be at the reporting unit level, which consists of the well servicing, fluid servicing, completion and remedial services and contract drilling. If the estimated undiscounted future net cash flows are less than the carrying amount of the related assets, an impairment loss is determined by comparing the fair value with the carrying value of the related assets. Basic determined that the continued drop in utilization across reporting units during 2015 constituted a triggering event. Although the severity and extent of the industry downturn is uncertain, absent a significant recovery in utilization of assets across reporting units , expected cash flows may decline in future periods. As a result of the triggering event in 2015, a recoverability test was performed on the long-lived asset groups supporting each of the Company’s reporting units . As of December 31, 2015, the recoverability testing for each asset group yielded an estimated undiscounted net cash flow that was greater than the carrying amount of the related assets, and as such, no impairment loss was recognized during 2015. If recoverability testing is performed in future periods and any reporting unit experience s a decline in undiscounted cash flows, the reporting unit could be susceptible to an impairment loss.
Deferred Debt Costs	Deferred Debt Costs Basic capitalizes certain costs associated with borrowing, such as lender’s fees and related attorney’s fees. These costs are amortized and included in interest expense using the effective interest method. Deferred debt costs were approximately $26.6 million net of accumulated amortization of $13.5 million, and $25.7 million net of accumulated amortization of $10.4 million at December 31, 2015 and December 31, 2014, respectively. Amortization of deferred debt costs totaled approximately $3.1 million, $3.2 million and $3.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. In 2015, Basic recorded $508,000 of accelerated amortization of debt issuance costs related to the amended revolving credit agreement.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and other intangible assets not subject to amortization are tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. A qualitative assessment is allowed to determine if goodwill is potentially impaired. The qualitative assessment determines whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount. If it is more likely that not that the fair value of the reporting unit is less than the carrying amount, then the two step impairment test is performed. First, the fair value of each reporting unit is compared to its carrying value to determine whether an indication of impairment exists. If impairment is indicated, then the fair value of the reporting unit’s goodwill is determined by allocating the unit’s fair value to its assets and liabilities (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. The amount of impairment for goodwill is measured as the excess of its carrying value over its fair value. Basic completes its assessment of goodwill impairment as of December 31 each year. The Company performed an assessment of goodwill related to the completion and remedial reporting unit as of September 30, 2015. This assessment indicated that $81.9 million was impaired as of September 30, 2015. This non-cash charge eliminated all of the Company’s existing goodwill as of September 30, 2015, and is included as Impairment of Goodwill on the consolidated statement of operations. See N ote 19 for further disclosure regarding goodwill . The changes in the carrying amount of goodwill for the year ended December 31, 2015, are as follows (in thousands): Completion and Remedial Services Balance as of December 31, 2014 $ 78,011 Goodwill adjustments 3,866 Goodwill impairment (81,877) Balance as of December 31, 2015 $ - Basic had trade names of $1.9 million as of December 31, 2015 and 2014. Trade names have an indefinite life and are tested for impairment annually. Basic’s intangible assets subject to amortization were as follows (in thousands): December 31, 2015 December 31, 2014 Customer relationships $ 92,660 $ 88,576 Non-Compete agreements 13,057 13,223 Trade names 1,939 1,939 Other intangible assets 2,086 2,097 109,742 105,835 Less accumulated amortization 42,997 34,662 Intangible assets subject to amortization, net $ 66,745 $ 71,173 Amortization expense for the years ended December 31, 2015, 2014 and 2013 was approximately $8.9 million, $8.6 million, and $8.4 million, respectively. Amortization expense for the next five succeeding years is expected to be as follows (in thousands): Amortization Expense 2016 $ 8,519 2017 8,001 2018 6,682 2019 6,514 2020 6,403 Thereafter 30,626 $ 66,745 Completion and Remedial Services Well Servicing Fluid Services Contract Drilling Total Intangible assets subject to amortization, net $ 49,627 $ 5,889 $ 8,303 $ 2,926 $ 66,745 Customer relationships are amortized over a 15 -year life, non-compete agreements are amortized over a five -year life, rig engineering plans and developed technology are amortized over 15 -year life.
Stock-Based Compensation	Stock-Based Compensation Basic has historically compensated our directors, executives and employees through the awarding of stock options and restricted stock. Basic accounted for stock option and restricted stock awards in 2015, 2014, and 2013 using a grant date fair-value based method, resulting in compensation expense for stock-based awards being recorded in our consolidated statements of operations. For performance based restricted stock awards, compensation expense is recognized in the Company's financial statements based on their grant date fair value. Basic utilizes (i) the closing stock price on the date of grant to determine the fair value of vesting restricted stock awards and (ii) a Monte Carlo simulation to determine the fair value of restricted stock awards with a combination of market and service vesting criteria. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair value of the award. The expected volatility utilized in the model was estimated using the historical volatility of the C ompany and our peer companies. The risk-free interest rate was based on the U.S. treasury rate for a term commensurate with the expected life of the grant. Stock options issued are valued on the grant date using Black-Scholes-Merton option pricing model and restricted stock issued is valued based on the fair value of Basic’s common stock at the grant date. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. Because the determination of these various assumptions is subject to significant management judgment and different assumptions could result in material differences in amounts recorded in Basic’s consolidated financial statements, management believes that accounting estimates related to the valuation of stock options are critical. On March 18, 2015, the Compensation Committee of Basic’s Board of Directors approved grants of performance-based phantom stock awards to certain members of management. The performance-based phantom stock awards are tied to Basic’s achievement of total stockholder return (“TSR”) relative to the TSR of a peer group of energy services companies over the performance period (defined as the one-year calculation period starting on the 20th NYSE trading day prior to and including the last NYSE trading day of 2014 and ending on the last NYSE trading day of 2015). The number of phantom shares to be issued will range from 0% to 150% of the 704,089 target number of phantom shares, depending on the performance noted above. Any phantom shares earned at the end of the performance period will then remain subject to vesting in one-third increments on March 15, 2016, 2017 and 2018 (subject to accelerated vesting in certain circumstances). As of Dec ember 3 1 , 2015, Basic estimated that 66.7% of the target number of performance-based awards will be earned. The Compensation Committee also approved grants of phantom restricted stock awards to certain key employees. The number of phantom shares issued was 654,500 . These grants remain subject to vesting over a three -year period, with the first portion vesting March 15, 2016. For further discussion of our share-based compensation, see Note 10. Incentive Plan.
Income Taxes	Income Taxes We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In the event we were to determine that we would be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance which would reduce the provision for income taxes.
Accounts Receivable	Accounts Receivable Basic estimates its allowance for losses on accounts receivable based on past collections and expectations for future collections. Basic regularly reviews accounts for collectability. After all collection efforts are exhausted, if the balance is still determined to be uncollectable, the balance is written off. Expense related to the write off of uncollected accounts is recorded in general and administrative expense. Realized losses have been within management’s expectations.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments, which potentially subject Basic to concentration of credit risk, consist primarily of temporary cash investments and trade receivables. Basic restricts investment of temporary cash investments to financial institutions with high credit standing. Basic’s customer base consists primarily of multi-national and independent oil and natural gas producers. It performs ongoing credit evaluations of its customers but generally does not require collateral on its trade receivables. Credit risk is considered by management to be limited due to the large number of customers comprising its customer base. Basic maintains an allowance for potential credit losses on its trade receivables, and such losses have been within management’s expectations. Basic did not have any one customer which represented 10% or more of consolidated revenue for 2015, 2014 or 2013.
Asset Retirement Obligations	Asset Retirement Obligations Basic is required to record the fair value of an asset retirement obligation as a liability in the period in which it incurs a legal obligation associated with the retirement of tangible long-lived assets and capitalize an equal amount as a cost of the asset depreciating it over the life of the asset. Subsequent to the initial measurement of the asset retirement obligation, the obligation is adjusted at the end of each quarter to reflect the passage of time, changes in the estimated future cash flows underlying the obligation, acquisition or construction of assets, and settlements of obligations.
Environmental	Environmental Basic is subject to extensive federal, state and local environmental laws and regulations. These laws, which are constantly changing, regulate the discharge of materials into the environment and may require Basic to remove or mitigate the adverse environmental effects of disposal or release of petroleum, chemical and other substances at various sites. Environmental expenditures are expensed or capitalized depending on the future economic benefit. Expenditures that relate to an existing condition caused by past operations and that have no future economic benefits are expensed. Liabilities for expenditures of a non-capital nature are recorded when environmental assessment and/or remediation is probable and the costs can be reasonably estimated.
Litigation and Self-Insured Risk Reserves	Litigation and Self-Insured Risk Reserves Basic estimates its reserves related to litigation and self-insured risks based on the facts and circumstances specific to the litigation and self-insured claims and its past experience with similar claims. Basic maintains accruals in the consolidated balance sheets to cover self-insurance retentions. Please see Note 7. Commitments and Contingencies for further discussion.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-01, “ Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.” The Updates eliminates the concept of an extraordinary item. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic does not believe this pronouncement will have a material impact on its consolidated financial statements and related disclosures. In April 2015, the FASB issued ASU 2015-03, “ Simplifying the Presentation of Debt Issuance Costs. ” ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic does not believe this pronouncement will have a material impact on its consolidated financial statements and related disclosures. In July 2015 the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory.” ASU 2015-11, changes the measurement principle for entities that do not measure inventory using the last-in, first-out (LIFO) or retail inventory method from the lower of cost or market to lower of cost and net realizable value. The Update also eliminates the requirement for these entities to consider replacement cost or net realizable value less an approximately normal profit margin when measuring inventory. The ASU is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements and related disclosures . In August 2015 the FASB issued ASU 2015-14, “Revenue from Contracts with Customers—Deferral of the Effective Date” , that defers by one year the effective date of ASU 2014-09, “Revenue from Contracts with Customers”. The Update is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements and related disclosures . In September 2015 the FASB issued ASU 2015-16, “Business Combinations: Simplifying the Accounting for Measurement-Period Adjustment”. ASU 2015-16 eliminates the requirement for an acquirer to retrospectively adjust the financial statements for measurement –period adjustments that occur in periods after a business combination is consummated. The Update is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Basic has early adopted this pronouncement and it did not have a material impact on its consolidated financial statements and related disclosures . In November 2015, the FASB issued ASU No 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. The main provision of this Update is to simplify the presentation of deferred income taxes by requiring that deferred tax assets and liabilities be classified as noncurrent in the statement of financial position. This Update is effective for Basic in annual and interim periods beginning after December 15, 2016. The adoption of this Update will not have a material impact on the Company's consolidated financial statements and related disclosures .

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Carrying Amount and Fair Value of Financial Instruments	December 31, 2015 December 31, 2014 Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) 7.75% Senior Notes due 2019, excluding premium $ 475,000 $ 149,625 $ 475,000 $ 372,875 7.75% Senior Notes due 2022, excluding premium 300,000 87,030 300,000 225,000
Summary of Estimated Useful Lives of the Assets	Buildings and improvements 20 -30 years Well service units and equipment 3 -15 years Fluid services equipment 5 -10 years Brine and fresh water stations 15 years Fracturing/test tanks 10 years Pumping equipment 5 -10 years Construction equipment 3 -10 years Contract drilling equipment 3 -10 years Disposal facilities 10 -15 years Vehicles 3 -7 years Rental equipment 2 -15 years Aircraft 10 years Software and computers 3 years
Changes in Carrying Amount of Goodwill	Completion and Remedial Services Balance as of December 31, 2014 $ 78,011 Goodwill adjustments 3,866 Goodwill impairment (81,877) Balance as of December 31, 2015 $ -
Amortizable Intangible Assets	December 31, 2015 December 31, 2014 Customer relationships $ 92,660 $ 88,576 Non-Compete agreements 13,057 13,223 Trade names 1,939 1,939 Other intangible assets 2,086 2,097 109,742 105,835 Less accumulated amortization 42,997 34,662 Intangible assets subject to amortization, net $ 66,745 $ 71,173
Schedule Of Amortization Expense	Amortization Expense 2016 $ 8,519 2017 8,001 2018 6,682 2019 6,514 2020 6,403 Thereafter 30,626 $ 66,745
Intangible Assets By Line Of Busniess	Completion and Remedial Services Well Servicing Fluid Services Contract Drilling Total Intangible assets subject to amortization, net $ 49,627 $ 5,889 $ 8,303 $ 2,926 $ 66,745

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Acquisitions [Abstract]
Schedule Of Values At Date Of Acquisition	Closing Date Total Cash Paid (net of cash acquired) Pioneer Fishing and Rental, Inc. September 17, 2014 $ 16,090 Total 2014 $ 16,090 Harbor Resources, LLC July 17, 2015 $ 4,500 Aerion Rental, LLC July 24, 2015 1,997 Grey Rock Pressure Pumping, LLC August 31, 2015 10,233 Total 2015 $ 16,730

Property And Equipment (Tables)

Property And Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property And Equipment [Abstract]
Property And Equipment	December 31, December 31, 2015 2014 Land $ 19,893 $ 19,071 Buildings and improvements 73,599 69,629 Well service units and equipment 488,003 483,644 Fracturing/test tanks 363,346 355,912 Pumping equipment 345,938 343,379 Fluid services equipment 268,249 277,902 Disposal facilities 166,371 157,519 Contract drilling equipment 112,068 110,510 Rental equipment 94,970 102,471 Light vehicles 67,521 70,414 Software 21,920 21,416 Other 16,672 16,324 Construction equipment 15,174 15,764 Brine and fresh water stations 13,761 14,175 Aircraft - 857 2,067,485 2,058,987 Less accumulated depreciation and amortization 1,221,195 1,051,018 Property and equipment, net $ 846,290 $ 1,007,969
Schedule Of Property, Plant And Equipment Under Capital Lease	December 31, December 31, 2015 2014 Fluid services equipment $ 129,459 $ 143,014 Pumping equipment 43,573 42,264 Light vehicles 33,424 47,853 Contract drilling equipment 6,493 6,142 Well service units and equipment 541 883 Construction equipment 288 730 Software - 17,120 Other - 71 213,778 258,077 Less accumulated amortization 82,679 100,896 $ 131,099 $ 157,181

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Long-Term Debt [Abstract]
Schedule of Long-Term Debt Instruments	December 31, December 31, 2015 2014 Credit Facilities: Revolver $ - $ 16,000 7.75% Senior Notes due 2019 475,000 475,000 7.75% Senior Notes due 2022 300,000 300,000 Unamortized premium 956 1,217 Capital leases and other notes 111,063 138,930 887,019 931,147 Less current portion 48,651 48,575 $ 838,368 $ 882,572
Schedule of Debt Maturities Including Capital Leases	Debt Capital Leases 2016 $ - $ 48,651 2017 - 32,355 2018 - 23,809 2019 475,000 6,060 2020 - 95 Thereafter 300,000 93 $ 775,000 $ 111,063
Schedule of Interest Expense	Years ended December 31, 2015 2014 2013 Cash payments for interest $ 61,587 $ 61,873 $ 62,609 Commitment and other fees paid 2,484 2,767 1,905 Amortization of debt issuance costs and premium on senior secured notes 3,362 2,934 2,878 Change in accrued interest 563 (269) 129 Capitalized interest (139) (349) (354) Other 107 86 40 Total interest expense $ 67,964 $ 67,042 $ 67,207

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Schedule of Income Tax Expense (Benefit)	Years ended December 31, 2015 2014 2013 Current: Federal $ (151) $ 151 $ - State (9) 842 435 Total (160) 993 435 Deferred: Federal (127,482) (1,015) (18,873) State (3,688) 543 (1,287) Total (131,170) (472) (20,160) Total income tax expense (benefit) $ (131,330) $ 521 $ (19,725)
Reconciliation Between Federal Statutory Rate and Income From Continuing Operations With the Provisions For Income Taxes	Years ended December 31, 2015 2014 2013 Statutory federal income tax $ (130,576) $ (2,737) $ (19,479) Meals and entertainment 684 825 660 State taxes, net of federal benefit (3,698) 1,093 (966) Goodwill impairment 2,833 1,380 - Changes in estimates and other (573) (40) 60 $ (131,330) $ 521 $ (19,725)
Schedule of Significant Deferred Tax Assets and Liabilities	December 31, 2015 2014 Deferred tax assets: Operating loss carryforward $ 130,826 $ 39,737 Goodwill and intangibles 32,992 9,659 Accrued liabilities 14,028 15,573 Deferred compensation 12,988 12,008 Receivables allowance 976 746 Asset retirement obligation 672 625 Inventory 164 146 Valuation Allowances (878) - Total deferred tax assets $ 191,768 $ 78,494 Deferred tax liabilities: Property and equipment (195,211) (209,650) Prepaid expenses (1,623) (1,801) Total deferred tax liabilities $ (196,834) $ (211,451) Net deferred tax liability $ (5,066) $ (132,957) Recognized as: Deferred tax assets - current 13,484 14,664 Deferred tax liabilities - non-current (18,550) (147,621) Net deferred tax liabilities $ (5,066) $ (132,957)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Schedule of Future Minimum Lease Payments Under Non-Cancelable Operating Leases	Year ended December 31, 2016 $ 4,162 2017 2,838 2018 2,212 2019 1,761 2020 1,480 Thereafter 3,431 Total $ 15,884

Incentive Plan (Tables)

Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2015
Incentive Plan [Abstract]
Summary Of Stock Options	Weighted Weighted Average Aggregate Number of Average Remaining Intrinsic Options Exercise Contractual Value Granted Price Term (Years) (000's) Non-statutory stock options: Outstanding, beginning of period 280,000 $ 19.05 Options granted - - Options forfeited - $ - Options exercised (103,750) $ 6.98 Options expired (1,250) $ 6.98 Outstanding, end of period 175,000 $ 26.29 0.33 - Exercisable, end of period 175,000 $ 26.29 0.33 - Vested or expected to vest, end of period 175,000 $ 26.29 0.33 -
Summary Of Non-Vested Shares	Weighted Average Number of Grant Date Fair Shares Value Per Share Nonvested at beginning of period 2,193,671 $ 19.56 Granted during period 888,104 7.54 2014 Performance shares adjustment during period (163,603) 5.72 Vested during period (934,636) 16.75 Forfeited during period (16,160) 21.80 Nonvested at end of period 1,967,376 $ 14.34

Net Income Or Loss Per Share (T

Net Income Or Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Loss per share of common stock:
Computation Of Basic And Diluted Earnings Per Share	Years ended December 31, 2015 2014 2013 Numerator (both basic and diluted): Net income (loss) available to common stockholders $ (241,745) $ (8,341) $ (35,929) Denominator: Denominator for basic earnings per share 40,505,429 41,165,940 40,288,218 Denominator for diluted earnings per share 40,505,429 41,165,940 40,288,218 Basic earnings (loss) per common share: $ (5.97) $ (0.20) $ (0.89) Diluted earnings (loss) per common share: $ (5.97) $ (0.20) $ (0.89)
Schedule of Antidilutive Shares	Years ended December 31, 2015 2014 2013 Stock options 26,527 159,888 116,925 Unvested restricted stock 643,351 967,200 548,413 669,878 1,127,088 665,338

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Business Segment Information [Abstract]
Schedule Of Reportable Segments Financial Information	Completion and Remedial Fluid Well Contract Corporate Services Services Servicing Drilling and Other Total Year ended December 31, 2015 Operating revenues $ 307,550 $ 258,597 $ 217,245 $ 22,207 $ — $ 805,599 Direct operating costs (245,069) (196,155) (184,952) (16,680) — (642,856) Segment profits $ 62,481 $ 62,442 $ 32,293 $ 5,527 $ — $ 162,743 Depreciation and amortization $ 83,882 $ 71,280 $ 60,466 $ 14,083 $ 11,760 $ 241,471 Capital expenditures, (excluding acquisitions) $ 22,384 $ 19,950 $ 18,732 $ 2,431 $ 6,323 $ 69,820 Identifiable assets $ 365,574 $ 257,036 $ 233,293 $ 51,930 $ 253,536 $ 1,161,369 Year ended December 31, 2014 Operating revenues $ 698,917 $ 369,774 $ 361,683 $ 60,910 $ — $ 1,491,284 Direct operating costs (434,457) (265,105) (270,344) (41,513) — (1,011,419) Segment profits $ 264,460 $ 104,669 $ 91,339 $ 19,397 $ — $ 479,865 Depreciation and amortization $ 74,924 $ 64,445 $ 55,131 $ 12,773 $ 10,207 $ 217,480 Capital expenditures, (excluding acquisitions) $ 168,017 $ 71,112 $ 54,858 $ 9,311 $ 8,196 $ 311,494 Identifiable assets $ 514,842 $ 299,542 $ 276,696 $ 60,362 $ 445,735 $ 1,597,177 Year ended December 31, 2013 Operating revenues $ 501,137 $ 343,863 $ 363,386 $ 54,518 $ — $ 1,262,904 Direct operating costs (327,540) (239,154) (265,058) (36,336) — (868,088) Segment profits $ 173,597 $ 104,709 $ 98,328 $ 18,182 $ — $ 394,816 Depreciation and amortization $ 62,609 $ 63,316 $ 60,474 $ 12,815 $ 10,533 $ 209,747 Capital expenditures, (excluding acquisitions) $ 59,345 $ 66,992 $ 39,001 $ 4,576 $ 17,601 $ 187,515 Identifiable assets $ 432,267 $ 320,404 $ 289,017 $ 59,868 $ 441,783 $ 1,543,339
Schedule Of Reconciliation Of Operating Profit (Loss) From Segments	Year ended December 31, 2015 2014 2013 Segment profits $ 162,743 $ 479,865 $ 394,816 General and administrative expenses (143,458) (167,301) (171,439) Depreciation and amortization (241,471) (217,480) (209,747) Loss on disposal of assets (1,602) (1,974) (2,873) Goodwill impairment (81,877) (34,703) - Operating income $ (305,665) $ 58,407 $ 10,757

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule Of Accrued Expenses [Abstract]
Schedule of Accrued Expenses	December 31, 2015 2014 Compensation related $ 14,048 $ 41,620 Workers' compensation self-insured risk reserve 7,481 9,115 Health self-insured risk reserve 3,935 4,756 Accrual for receipts 5,320 416 Ad valorem taxes 2,078 7,160 Sales tax 1,634 3,123 Insurance obligations 3,769 2,898 Professional fee accrual 729 1,221 Fuel accrual 693 1,371 Accrued interest 19,693 19,130 $ 59,380 $ 90,810

Supplemental Schedule Of Cash40

Supplemental Schedule Of Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2015
Supplemental Schedule Of Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Information	Year ended December 31, 2015 2014 2013 (In thousands) Capital leases issued for equipment $ 24,768 $ 75,198 $ 50,565 Asset retirement obligation additions $ - $ 68 $ 144

Quarterly Financial Data (Table

Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Schedule of Quarterly Financial Information	First Second Third Fourth Quarter Quarter Quarter Quarter Year Year ended December 31, 2015: Total revenues $ 261,721 $ 193,596 $ 189,247 $ 161,035 $ 805,599 Segment profits $ 66,412 $ 37,022 $ 34,317 $ 24,992 $ 162,743 Net loss (i) $ (32,624) $ (48,295) $ (105,642) - $ (55,184) $ (241,745) Loss per share of common stock (a): Basic $ (0.81) $ (1.20) $ (2.63) $ (1.37) $ (5.97) Diluted $ (0.81) $ (1.20) $ (2.63) $ (1.37) $ (5.97) Weighted average common shares outstanding: Basic 40,072 40,168 40,168 40,148 40,505 Diluted 40,072 40,168 40,168 40,148 40,505 Year ended December 31, 2014: Total revenues $ 336,756 $ 359,662 $ 393,955 $ 400,911 $ 1,491,284 Segment profits $ 104,569 $ 116,732 $ 129,835 $ 128,729 $ 479,865 Net income (loss) (ii) $ (1,907) $ 2,443 $ 9,931 $- $ (18,808) $ (8,341) Loss per share of common stock (a): Basic $ (0.05) $ 0.06 $ 0.24 $ (0.46) $ (0.20) $ - Diluted $ (0.05) $ 0.06 $ 0.24 $ (0.46) $ (0.20) Weighted average common shares outstanding: Basic 40,605 41,342 41,477 41,332 41,166 Diluted 40,605 42,043 42,213 41,332 41,166 (a) The sum of individual quarterly net income per share may not agree to the total for the year due to each period's computation being based on the weighted average number of common shares outstanding during each period. (i) The third quarter loss included goodwill impairment of $81.9 million. (ii) The fourth quarter loss included goodwill impairment of $34.7 million.

Summary of Significant Accoun42

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	Mar. 18, 2015	Feb. 28, 2014	Dec. 31, 2015	Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 15, 2011
Summary Of Significant Accounting Policies [Line Items]
Deferred debt costs, net of accumulated amortization			$ 26,600,000			$ 26,600,000	$ 25,700,000
Accumulated amortization of deferred debt costs			13,500,000			13,500,000	10,400,000
Amortization of deferred financing costs						$ 3,622,000	3,176,000	$ 3,102,000
Shares granted		283,223				888,104
Impairment loss			0		$ 81,900,000
Trade names value			$ 1,900,000			$ 1,900,000	1,900,000
Amortization expense of intangible assets						$ 8,900,000	$ 8,600,000	$ 8,400,000
Customer Relationships
Summary Of Significant Accounting Policies [Line Items]
Amortization period of intangible assets, in years						15 years
Noncompete Agreements
Summary Of Significant Accounting Policies [Line Items]
Amortization period of intangible assets, in years						5 years
Rig Engineering Plans
Summary Of Significant Accounting Policies [Line Items]
Amortization period of intangible assets, in years						15 years
Well service units and equipment | Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						3 years
Well service units and equipment | Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives						15 years
7.75% Senior Notes due 2019
Summary Of Significant Accounting Policies [Line Items]
Interest rate			7.75%			7.75%			7.75%
7.75% Senior Notes due 2022
Summary Of Significant Accounting Policies [Line Items]
Interest rate			7.75%			7.75%
Amended Revolving Credit Facility
Summary Of Significant Accounting Policies [Line Items]
Amortization of deferred financing costs				$ 508,000
Stock Options | Minimum
Summary Of Significant Accounting Policies [Line Items]
Vesting periods						3 years
Stock Options | Maximum
Summary Of Significant Accounting Policies [Line Items]
Vesting periods						5 years
Phantom Stock Awards [Member]
Summary Of Significant Accounting Policies [Line Items]
Target number of shares to be issued	704,089
Percentage of target number of performance-based awards will be earned			66.70%	66.70%	66.70%	66.70%
Shares granted					654,500	654,500
Vesting periods						3 years
Phantom Stock Awards [Member] | Minimum
Summary Of Significant Accounting Policies [Line Items]
Percentage of target number of shares to be issued	0.00%
Phantom Stock Awards [Member] | Maximum
Summary Of Significant Accounting Policies [Line Items]
Percentage of target number of shares to be issued	150.00%

Summary of Significant Accoun43

Summary of Significant Accounting Policies (Carrying Amount And Fair Value Of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Feb. 15, 2011
7.75% Senior Notes due 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 475,000	$ 475,000
Interest rate	7.75%		7.75%
Fair Value	$ 149,625	372,875
7.75% Senior Notes due 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 300,000	300,000
Interest rate	7.75%
Fair Value	$ 87,030	$ 225,000

Summary of Significant Accoun44

Summary of Significant Accounting Policies (Estimated Useful Lives of Property and Equipment) (Details)	12 Months Ended
	Dec. 31, 2015
Buildings and improvements | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	20 years
Buildings and improvements | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	30 years
Well service units and equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	3 years
Well service units and equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	15 years
Fluid Services Equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	5 years
Fluid Services Equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Brine and fresh water stations
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	15 years
Fracturing/test tanks
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Pumping equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	5 years
Pumping equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Construction equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	3 years
Construction equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Contract drilling equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	3 years
Contract drilling equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Disposal facilities | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Disposal facilities | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	15 years
Light vehicles | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	3 years
Light vehicles | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	7 years
Rental equipment | Minimum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	2 years
Rental equipment | Maximum
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	15 years
Aircraft
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	10 years
Software And Computers
Property, Plant And Equipment [Line Items]
Estimated useful lives, maximum, years	3 years

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Changes in Carrying Amount of Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Balance			$ 78,011	$ 78,011
Goodwill Impairment	$ (81,900)	$ (34,700)	(81,900)	(81,877)	$ (34,703)
Balance		78,011			78,011
Completion and Remedial Services
Goodwill [Line Items]
Balance			$ 78,011	78,011
Goodwill additions				3,866
Goodwill Impairment				$ (81,877)
Balance		$ 78,011			$ 78,011

Summary of Significant Accoun46

Summary of Significant Accounting Policies (Amortization Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of intangible assets subject to amortization	$ 109,742	$ 105,835
Less accumulated amortization	42,997	34,662
Amortization Expense	66,745	71,173
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of intangible assets subject to amortization	92,660	88,576
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of intangible assets subject to amortization	13,057	13,223
Trade Names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of intangible assets subject to amortization	1,939	1,939
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of intangible assets subject to amortization	$ 2,086	$ 2,097

Summary of Significant Accoun47

Summary of Significant Accounting Policies (Schedule Of Amortization Expense) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
2,016	$ 8,519
2,017	8,001
2,018	6,682
2,019	6,514
2,020	6,403
Threrafter	30,626
Amortization Expense	$ 66,745	$ 71,173

Summary of Significant Accoun48

Summary of Significant Accounting Policies (Intangibles, net line of business) (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	$ 66,745	$ 71,173
Completion and Remedial Services
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	49,627
Well Servicing
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	5,889
Fluid Services
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	8,303
Contract Drilling
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	$ 2,926

Acquisitions (Schedule Of Value

Acquisitions (Schedule Of Values At Date Of Acquisition) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Total Cash Paid (net of cash acquired)	$ 16,730	$ 16,090
Proceeds from debt	$ 8,816	16,000
Pioneer Fishing And Rental, Inc [Member]
Business Acquisition [Line Items]
Closing Date	Sep. 17, 2014
Total Cash Paid (net of cash acquired)		$ 16,090
Harbor Resources, LLC [Member]
Business Acquisition [Line Items]
Closing Date	Jul. 17, 2015
Total Cash Paid (net of cash acquired)	$ 4,500
Aerion Rental, LLC [Member]
Business Acquisition [Line Items]
Closing Date	Jul. 24, 2015
Total Cash Paid (net of cash acquired)	$ 1,997
Grey Rock Pressure Pumping, LLC [Member]
Business Acquisition [Line Items]
Closing Date	Aug. 31, 2015
Total Cash Paid (net of cash acquired)	$ 10,233
Proceeds from debt	$ 8,800

Property And Equipment (Narrati

Property And Equipment (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property And Equipment [Abstract]
Lease Obligation Period	5 years
Amortization of assets held under capital leases	$ 41.9	$ 37.6	$ 31.7

Property And Equipment (Propert

Property And Equipment (Property And Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,067,485	$ 2,058,987
Less accumulated depreciation and amortization	1,221,195	1,051,018
Property and equipment, net	846,290	1,007,969
Land
Property, Plant And Equipment [Line Items]
Property and equipment, gross	19,893	19,071
Buildings and improvements
Property, Plant And Equipment [Line Items]
Property and equipment, gross	73,599	69,629
Well service units and equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	488,003	483,644
Frac/test tanks
Property, Plant And Equipment [Line Items]
Property and equipment, gross	363,346	355,912
Pumping equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	345,938	343,379
Fluid services equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	268,249	277,902
Disposal facilities
Property, Plant And Equipment [Line Items]
Property and equipment, gross	166,371	157,519
Contract drilling equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	112,068	110,510
Rental equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	94,970	102,471
Light vehicles
Property, Plant And Equipment [Line Items]
Property and equipment, gross	67,521	70,414
Software
Property, Plant And Equipment [Line Items]
Property and equipment, gross	21,920	21,416
Other
Property, Plant And Equipment [Line Items]
Property and equipment, gross	16,672	16,324
Construction equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	15,174	15,764
Brine and fresh water stations
Property, Plant And Equipment [Line Items]
Property and equipment, gross	$ 13,761	14,175
Aircraft
Property, Plant And Equipment [Line Items]
Property and equipment, gross		$ 857

Property And Equipment (Schedul

Property And Equipment (Schedule Of Property, Plant And Equipment Under Capital Lease) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	$ 213,778	$ 258,077
Less accumulated amortization	82,679	100,896
Property, plant and equipment under capital lease, net	131,099	157,181
Fluid services equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	129,459	143,014
Pumping equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	43,573	42,264
Light vehicles
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	33,424	47,853
Contract drilling equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	6,493	6,142
Well service units and equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	541	883
Construction equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	$ 288	730
Software
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross		17,120
Other
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross		$ 71

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details)	Apr. 21, 2015USD ($)	Dec. 15, 2014USD ($)	Oct. 16, 2012USD ($)	Jun. 13, 2011USD ($)	Feb. 15, 2011USD ($)	Jul. 31, 2011USD ($)	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)	Apr. 20, 2015USD ($)	Nov. 26, 2014USD ($)
Debt Instrument [Line Items]
Total Cash Paid (net of cash acquired)							$ 16,730,000	$ 16,090,000
Minimum consolidated interest coverage ratio floor							2.50
Maximum consolidated leverage ratio ceiling							4
Maximum consolidated senior secured leverage ratio							2
Letters of credit outstanding under the Credit Agreement							$ 50,300,000	$ 0
Total Available Credit under the agreement							$ 93,400,000
Minimum Debt service coverage ratio | item							1.05
Secured Debt [Member]
Debt Instrument [Line Items]
Commitment fee							0.50%
Maximum prepayment		$ 100,000,000
Minimum | Secured Debt [Member] | Alternate Base Rate Loans
Debt Instrument [Line Items]
Marginal interest rate							1.25%
Minimum | Secured Debt [Member] | Eurodollar [Member]
Debt Instrument [Line Items]
Marginal interest rate							2.25%
Maximum | Secured Debt [Member] | Alternate Base Rate Loans
Debt Instrument [Line Items]
Marginal interest rate							2.25%
Maximum | Secured Debt [Member] | Eurodollar [Member]
Debt Instrument [Line Items]
Marginal interest rate							3.25%
Amended Revolving Credit Facility
Debt Instrument [Line Items]
Increase in total credit							$ 150,000,000
Amended Revolving Credit Facility | Secured Debt [Member]
Debt Instrument [Line Items]
Revolving credit facility	$ 250,000,000								$ 300,000,000	$ 300,000,000
Maximum consolidated senior secured leverage ratio	2.50
Maximum consolidated fixed charge coverage ratio	1
Aggregate commitments outstanding, parentage	25.00%
Aggregate commitments outstanding	$ 62,500,000
7.75% Senior Notes due 2019
Debt Instrument [Line Items]
Issuance of senior notes				$ 200,000,000	$ 275,000,000		$ 464,600,000
Interest rate					7.75%		7.75%
Debt Instrument, Maturity Date							Feb. 15, 2019
Senior notes, aggregate principal amount							$ 475,000,000
Debt instrument, purchase price as a percentage of principal amount				101.00%	100.00%
Debt instrument, redemption price							100.00%
Debt instrument, repurchase price, percentage on principal amount plus accrued and unpaid interest							101.00%
Borrowings							$ 475,000,000
7.75% Senior Notes due 2019 | Maverick Companies
Debt Instrument [Line Items]
Total Cash Paid (net of cash acquired)						$ 186,300,000
7.75% Senior Notes Due 2019 on and after February 15 2015 | Secured Debt [Member]
Debt Instrument [Line Items]
Revolving credit facility					$ 165,000,000
7.75% Senior Notes Due 2019 Prior To February 15 2014 | Secured Debt [Member]
Debt Instrument [Line Items]
Revolving credit facility					$ 30,000,000
7.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Issuance of senior notes			$ 293,300,000
Interest rate			7.75%
Debt Instrument, Maturity Date							Oct. 15, 2022
Senior notes, aggregate principal amount			$ 300,000,000
Debt instrument, redemption price							100.00%
Debt instrument, repurchase price, percentage on principal amount plus accrued and unpaid interest							101.00%
Borrowings			$ 300,000,000
11.625% Senior Notes Due 2014
Debt Instrument [Line Items]
Interest rate							11.625%

Long-Term Debt (Schedule Of Lon

Long-Term Debt (Schedule Of Long-Term Debt Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Revolver		$ 16,000
Senior Notes	$ 775,000
Unamortized (discount) premium	956	1,217
Capital leases and other notes	111,063	138,930
Debt and Capital Lease Obligations, Total	887,019	931,147
Less current portion	48,651	48,575
Non Current Portion of Long Term Debt, total	838,368	882,572
7.75% Senior Notes due 2019
Debt Instrument [Line Items]
Senior Notes	475,000	475,000
7.75% Senior Notes due 2022
Debt Instrument [Line Items]
Senior Notes	$ 300,000	$ 300,000

Long-Term Debt (Schedule of Deb

Long-Term Debt (Schedule of Debt Maturities Including Capital Leases) (Details) $ in Thousands	Dec. 31, 2015USD ($)
Long-Term Debt [Abstract]
Debt, 2016
Debt, 2017
Debt, 2018
Debt, 2019	$ 475,000
Debt, 2020
Debt, Thereafter	$ 300,000
Senior Notes, Total	775,000
Capital Leases, 2016	48,651
Capital Leases, 2017	32,355
Capital Leases, 2018	23,809
Capital Leases, 2019	6,060
Capital Leases, 2020	95
Capital Leases, Thereafter	93
Capital Leases, Total	$ 111,063

Long-Term Debt (Schedule Of Int

Long-Term Debt (Schedule Of Interest Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Long-Term Debt [Abstract]
Cash payments for interest	$ 61,587	$ 61,873	$ 62,609
Commitment and other fees paid	2,484	2,767	1,905
Amortization of debt issuance costs and premium on senior secured notes	3,362	2,934	2,878
Change in accrued interest	563	(269)	129
Capitalized Interest	(139)	(349)	(354)
Other	107	86	40
Total interest expense	$ 67,964	$ 67,042	$ 67,207

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Income Taxes Paid		$ 2,600,000	$ 1,500,000
Federal statutory rate	35.00%
Valuation allowance	$ 878,000
Federal
Income Taxes [Line Items]
Income Taxes Paid			$ 601,000
Net operating loss carryforwards	$ 352,500,000
Net operating loss carryforwards, expire date	Dec. 31, 2031
State [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	$ 141,400,000
Net operating loss carryforwards, expire date	Dec. 31, 2016

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Abstract]
Federal	$ (151)	$ 151
State	(9)	842	$ 435
Total	(160)	993	435
Federal	(127,482)	(1,015)	(18,873)
State	(3,688)	543	(1,287)
Total	(131,170)	(472)	(20,160)
Income Tax Expense (Benefit), Total	$ (131,330)	$ 521	$ (19,725)

Income Taxes (Reconciliation Be

Income Taxes (Reconciliation Between Federal Statutory Rate And Income From Continuing Operations With The Provision For Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Abstract]
Statutory federal income tax	$ (130,576)	$ (2,737)	$ (19,479)
Meals and entertainment	684	825	660
State taxes, net of federal benefit	(3,698)	1,093	(966)
Goodwill impairment	2,833	1,380
Changes in estimates and other	(573)	(40)	60
Income Tax Expense (Benefit), Total	$ (131,330)	$ 521	$ (19,725)

Income Taxes (Schedule Of Signi

Income Taxes (Schedule Of Significant Deferred Tax Assets And Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Abstract]
Operating loss carryforward	$ 130,826	$ 39,737
Goodwill and intangibles	32,992	9,659
Accrued liabilities	14,028	15,573
Deferred compensation	12,988	12,008
Receivables allowance	976	746
Asset retirement obligation	672	625
Inventory	164	146
Valuation Allowances	(878)
Total deferred tax assets	191,768	78,494
Property and equipment	(195,211)	(209,650)
Prepaid expenses	(1,623)	(1,801)
Total deferred tax liabilities	(196,834)	(211,451)
Net deferred tax liability	(5,066)	(132,957)
Deferred tax assets - current	13,484	14,664
Deferred tax liabilities - non-current	(18,550)	(147,621)
Net deferred tax liabilities	$ 5,066	$ 132,957

Commitments And Contingencies61

Commitments And Contingencies (Narrative) (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)item	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)
Loss Contingencies [Line Items]
Potential liability audit ranges Minimum				$ 5,900,000
Potential liability audit ranges Maximum				7,300,000
Accrual estimated liability				$ 5,900,000
Final settlement			$ 7,400,000
Additional expense			1,500,000
Rent expense	$ 13,900,000	$ 16,900,000	$ 18,200,000
Salary and incentive program severance multiplier | item	3
Self insurance deductible for workers compensation	$ 2,500,000
Self insurance deductible for general liability claims	1,000,000
Self insurance deductible for medical and dental coverage	400,000
Workers' compensation self-insured risk reserve, short-term	7,500,000	9,100,000
Workers' compensation self-insured risk reserve, long-term	15,900,000	16,800,000
Self insured risk accruals	30,800,000	33,400,000
Receivable for Medical and Dental Coverage	$ 73,000	$ 14,000
Minimum
Loss Contingencies [Line Items]
Severance payment | item	0.75
Severance payment for the chance of control | item	1.5
Maximum
Loss Contingencies [Line Items]
Severance payment | item	1
Severance payment for the chance of control | item	2
Chief Executive Officer
Loss Contingencies [Line Items]
Annual salary to Mr. Patterson	$ 650,000
Non-Cancelable Property And Equipment | Minimum
Loss Contingencies [Line Items]
Term of operating leases	12 months
Non-Cancelable Property And Equipment | Maximum
Loss Contingencies [Line Items]
Term of operating leases	60 months
Well service units and equipment | Maximum
Loss Contingencies [Line Items]
Term of operating leases	99 years

Commitments And Contingencies62

Commitments And Contingencies (Schedule Of Future Minimum Lease Payments Under Non-Cancelable Operating Leases) (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Disclosure Schedule Of Future Minimum Lease Payments Under Non Cancelable Operating Leases [Abstract]
2,016	$ 4,162
2,017	2,838
2,018	2,212
2,019	1,761
2,020	1,480
Thereafter	3,431
Total	$ 15,884

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended						12 Months Ended
	Mar. 31, 2015	Feb. 28, 2015	Mar. 31, 2014	Feb. 28, 2014	Jan. 31, 2014	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Common stock, shares authorized							80,000,000	80,000,000
Common stock, par value							$ 0.01	$ 0.01
Issued common stock for the exercise of stock options							103,750	107,250
Restricted stock granted				283,223			888,104
Percentage of target number of shares					106.00%
Treasury shares acquired, total price							$ 5,742	$ 12,733	$ 3,605
Preferred stock, shares authorized							5,000,000	5,000,000
Preferred stock, par value							$ 0.01	$ 0.01
Preferred stock, shares issued							0	0
Preferred stock, shares outstanding							0	0
Net Share Settlements
Class of Stock [Line Items]
Treasury shares acquired, shares							230,048	254,604
Three-Year Period
Class of Stock [Line Items]
Restricted shares of common stock granted	888,104		414,900			432,400
Restricted shares of common stock vesting period, (in years)							3 years
Restricted stock granted		122,915
Percentage of target number of shares		42.90%
Four-Year Period
Class of Stock [Line Items]
Restricted shares of common stock granted			294,909			262,000
Restricted shares of common stock vesting period, (in years)							4 years
Share Repurchase Program
Class of Stock [Line Items]
Repurchase of basic share of common stock								$ 50,000
Common stock repurchase, average cost per share							$ 4.90
Additional repurchase of Basic's shares of common stock							$ 9,500
Treasury shares acquired, shares							913,600
Treasury shares acquired, total price							$ 4,500

Stockholders' Agreement (Detail

Stockholders' Agreement (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Repurchase Agreement Counterparty [Line Items]
Proposed offering proceeds	$ 10
Proposed offering proceeds from issuance of common stock if able to register on form S-3	$ 5
DLJ Merchant Banking Party
Repurchase Agreement Counterparty [Line Items]
Percentage of outstanding shares of common stock	10.00%

Incentive Plan (Narrative) (Det

Incentive Plan (Narrative) (Details) - USD ($)	Mar. 18, 2015	Feb. 28, 2014	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance				11,350,000
Shares available for grant				2,095,334
Options granted during period				0	0	0
Share Based Compensation Expenses				$ 13,700,000	$ 14,700,000	$ 11,800,000
Tax benefit				4,800,000	5,300,000	4,000,000
Unrecognized compensation related to non-vested share-based compensation arrangements				$ 15,700,000
Weighted-average period over which unrecognized compensation cost related to non-vested share-based compensation arrangements is expected to be recognized, in years				1 year 9 months 4 days
Total fair value of share-based awards vested				$ 5,400,000	20,600,000	11,900,000
Excess tax benefit due to carryforward loss				0	0	0
Excess tax benefit if there was no net operating loss carry forwards				11,000	4,500,000	764,000
Cash received from option exercises				$ 727,000	4,646,000	781,000
Shares granted		283,223		888,104
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options expiration period, (in years)				10 years
Total intrinsic value of options exercised				$ 37,000	2,200,000	921,000
Cash received from option exercises				724,000	4,300,000	582,000
Actual tax benefit realized for the tax deductions from options exercised				$ 0	0	0
Excess tax benefit on option exercises if there was no net operating loss carry forward					$ 535,000	$ 192,000
Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods				3 years
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods				5 years
Phantom Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods				3 years
Target number of shares to be issued	704,089
Percentage of target number of performance-based awards will be earned			66.70%	66.70%
Shares granted			654,500	654,500
Phantom Stock Awards [Member] | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be issued	0.00%
Phantom Stock Awards [Member] | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be issued	150.00%

Incentive Plan (Summary Of Stoc

Incentive Plan (Summary Of Stock Options) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Incentive Plan [Abstract]
Outstanding, beginning of period, Number of Options Granted	280,000
Options granted, Number of Options Granted	0	0	0
Options exercised, Number of Options Granted	(103,750)
Options expired, Number of Options Granted	(1,250)
Outstanding, end of period, Number of Options Granted	175,000	280,000
Exercisable, end of period, Number of Options Granted	175,000
Vested or expected to vest, end of period, Number of Options Granted	175,000
Outstanding, beginning of period, Weighted Average Exercise Price	$ 19.05
Options exercised, Weighted Average Exercise Price	6.98
Options expired, Weighted Average Exercise Price	6.98
Outstanding, end of period, Weighted Average Exercise Price	26.29	$ 19.05
Exercisable, end of period, Weighted Average Exercise Price	26.29
Vested or expected to vest, end of period, Weighted Average Exercise Price	$ 26.29
Outstanding, end of period, Weighted Average Remaining Contractual Term (Years)	3 months 29 days
Exercisable, end of period, Weighted Average Remaining Contractual Term (Years)	3 months 29 days
Vested or expected to vest, end of period, Weighted Average Remaining Contractual Term (Years)	3 months 29 days

Incentive Plan (Summary Of Non-

Incentive Plan (Summary Of Non-Vested Shares) (Details) - $ / shares	1 Months Ended	12 Months Ended
	Feb. 28, 2014	Dec. 31, 2015
Incentive Plan [Abstract]
Nonvested at beginning of period, Number of Shares		2,193,671
Granted during period, Number of Shares	283,223	888,104
2014 Performance shares adjustment during period, Number of Shares		(163,603)
Vested during period, Number of Shares		(934,636)
Forfeited during period, Number of Shares		(16,160)
Nonvested at end of period, Number of Shares		1,967,376
Nonvested at beginning of period, Weighted Average Grant Date Fair Value Per Share		$ 19.56
Granted during period, Weighted Average Grant Date Fair Value Per Share		7.54
2014 Performance shares adjustment during period, Weighted Average Grant Date Fair Value Per Share		5.72
Vested during period, Weighted Average Grant Date Fair Value Per Share		16.75
Forfeited during period, Weighted Average Grant Date Fair Value Per Share		21.80
Nonvested at end of period, Weighted Average Grant Date Fair Value Per Share		$ 14.34

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	1 Months Ended			12 Months Ended
	Feb. 28, 2015USD ($)a	Apr. 30, 2012USD ($)a	Oct. 31, 2011USD ($)a	Dec. 31, 2015USD ($)	Dec. 31, 2012USD ($)$ / bbl	Dec. 31, 2014USD ($)	Dec. 31, 2011
Related Party Transaction [Line Items]
Due from Employees				$ 34,000		$ 161,000
Joint Venture Agreement [Member]
Related Party Transaction [Line Items]
Percentage of ownership in joint venture							80.00%
Funded amount for joint venture				$ 2,400,000		$ 4,500,000
Percentage of ownership in subsidiary				100.00%
Darle Vuelta Cattle Co Llc
Related Party Transaction [Line Items]
Acquisition of land, area, in acres | a	100	22	17
Payment to acquire land	$ 1,500,000	$ 215,000	$ 209,000
Darle Vuelta Cattle Co Llc | Salt Water Disposal Well
Related Party Transaction [Line Items]
Term of lease agreement				2 years
Price of oil and gas waste per barrel | $ / bbl					0.10
Price of brine or fresh water per barrel | $ / bbl					0.05
Monthly payment on leases					$ 5,000

Profit Sharing Plan (Narrative)

Profit Sharing Plan (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Employer matching contributions and earnings, vesting schedule	5 years
Employer matching contributions, vesting period of service	$ 407,000	$ 4,000,000	$ 3,400,000
Profit Sharing Plan
Defined Benefit Plan Disclosure [Line Items]
Employer matching contributions and earnings, vesting schedule	5 years

Deferred Compensation Plan (Nar

Deferred Compensation Plan (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Percentage of salary the participants may defer	50.00%
Percentage of cash bonuses the participants may defer	100.00%
Maximum matching contributions per year	$ 10,000
Employer matching contributions and earnings, vesting schedule	5 years
Employer contributions to deferred compensation plan	$ 172,000	$ 665,000	$ 996,000
First 3% Of The Participant's Deferred Pay
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Percentage of matching contribution	100.00%
Matching contribution of gross pay	3.00%
Next 2% Of The Participant's Deferred Pay
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Percentage of matching contribution	50.00%
Matching contribution of deferred pay	2.00%

Net Income Or Loss Per Share (C

Net Income Or Loss Per Share (Computation Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Numerator (both basic and diluted):
Net income (loss) available to common stockholders	$ (55,184)	$ (105,642)	$ (48,295)	$ (32,624)	$ (18,808)	$ 9,931	$ 2,443	$ (1,907)	$ (241,745)	$ (8,341)	$ (35,929)
Denominator:
Denominator for basic earnings per share	40,148,000	40,168,000	40,168,000	40,072,000	41,332,000	41,477,000	41,342,000	40,605,000	40,505,429	41,165,940	40,288,218
Denominator for diluted earnings per share	40,148,000	40,168,000	40,168,000	40,072,000	41,332,000	42,213,000	42,043,000	40,605,000	40,505,429	41,165,940	40,288,218
Basic earnings (loss) per common share	$ (1.37)	$ (2.63)	$ (1.20)	$ (0.81)	$ (0.46)	$ 0.24	$ 0.06	$ (0.05)	$ (5.97)	$ (0.20)	$ (0.89)
Diluted earnings (loss) per common share	$ (1.37)	$ (2.63)	$ (1.20)	$ (0.81)	$ (0.46)	$ 0.24	$ 0.06	$ (0.05)	$ (5.97)	$ (0.20)	$ (0.89)

Net Income Or Loss Per Share (S

Net Income Or Loss Per Share (Schedule of Antidilutive Shares) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount	669,878	1,127,088	665,338
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount	26,527	159,888	116,925
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount	643,351	967,200	548,413

Business Segment Information (S

Business Segment Information (Schedule Of Reportable Segments Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Operating revenues	$ 161,035	$ 189,247	$ 193,596	$ 261,721	$ 400,911	$ 393,955	$ 359,662	$ 336,756	$ 805,599	$ 1,491,284	$ 1,262,904
Direct operating costs									(642,856)	(1,011,419)	(868,088)
Segment profits	24,992	$ 34,317	$ 37,022	$ 66,412	128,729	$ 129,835	$ 116,732	$ 104,569	162,743	479,865	394,816
Depreciation and amortization									241,471	217,480	209,747
Capital expenditures, (excluding acquisitions)									69,820	311,494	187,515
Identifiable assets	1,161,369				1,597,177				1,161,369	1,597,177	1,543,339
Completion and Remedial Services
Segment Reporting Information [Line Items]
Operating revenues									307,550	698,917	501,137
Direct operating costs									(245,069)	(434,457)	(327,540)
Segment profits									62,481	264,460	173,597
Depreciation and amortization									83,882	74,924	62,609
Capital expenditures, (excluding acquisitions)									22,384	168,017	59,345
Identifiable assets	365,574				514,842				365,574	514,842	432,267
Fluid Services
Segment Reporting Information [Line Items]
Operating revenues									258,597	369,774	343,863
Direct operating costs									(196,155)	(265,105)	(239,154)
Segment profits									62,442	104,669	104,709
Depreciation and amortization									71,280	64,445	63,316
Capital expenditures, (excluding acquisitions)									19,950	71,112	66,992
Identifiable assets	257,036				299,542				257,036	299,542	320,404
Well Servicing
Segment Reporting Information [Line Items]
Operating revenues									217,245	361,683	363,386
Direct operating costs									(184,952)	(270,344)	(265,058)
Segment profits									32,293	91,339	98,328
Depreciation and amortization									60,466	55,131	60,474
Capital expenditures, (excluding acquisitions)									18,732	54,858	39,001
Identifiable assets	233,293				276,696				233,293	276,696	289,017
Contract drilling equipment
Segment Reporting Information [Line Items]
Operating revenues									22,207	60,910	54,518
Direct operating costs									(16,680)	(41,513)	(36,336)
Segment profits									5,527	19,397	18,182
Depreciation and amortization									14,083	12,773	12,815
Capital expenditures, (excluding acquisitions)									2,431	9,311	4,576
Identifiable assets	51,930				60,362				51,930	60,362	59,868
Corporate and Other
Segment Reporting Information [Line Items]
Depreciation and amortization									11,760	10,207	10,533
Capital expenditures, (excluding acquisitions)									6,323	8,196	17,601
Identifiable assets	$ 253,536				$ 445,735				$ 253,536	$ 445,735	$ 441,783

Business Segment Information 74

Business Segment Information (Schedule Of Reconciliation Of Operating Profit (Loss) From Segments) (Details) - USD ($) $ in Thousands	3 Months Ended								9 Months Ended	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Segment Information [Abstract]
Segment profits	$ 24,992	$ 34,317	$ 37,022	$ 66,412	$ 128,729	$ 129,835	$ 116,732	$ 104,569		$ 162,743	$ 479,865	$ 394,816
General and administrative										(143,458)	(167,301)	(171,439)
Depreciation and amortization										(241,471)	(217,480)	(209,747)
Loss on disposal of assets										(1,602)	(1,974)	(2,873)
Goodwill Impairment		$ (81,900)			$ (34,700)				$ (81,900)	(81,877)	(34,703)
Operating (loss) income										$ (305,665)	$ 58,407	$ 10,757

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Accrued Expenses [Abstract]
Compensation related	$ 14,048	$ 41,620
Workers' compensation self-insured risk reserve	7,481	9,115
Health self-insured risk reserve	3,935	4,756
Accrual for receipts	5,320	416
Ad valorem taxes	2,078	7,160
Sales tax	1,634	3,123
Insurance obligations	3,769	2,898
Professional fee accrual	729	1,221
Fuel accrual	693	1,371
Accrued interest	19,693	19,130
Accrued Expenses	$ 59,380	$ 90,810

Supplemental Schedule Of Cash76

Supplemental Schedule Of Cash Flow Information (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Supplemental Schedule Of Cash Flow Information [Abstract]
Income tax refund	$ 450,000
Income Taxes Paid		$ 2,600,000	$ 1,500,000

Supplemental Schedule Of Cash77

Supplemental Schedule Of Cash Flow Information (Schedule Of Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Supplemental Schedule Of Cash Flow Information [Abstract]
Capital leases issued for equipment	$ 24,768	$ 75,198	$ 50,565
Asset retirement obligation additions		$ 68	$ 144

Quarterly Financial Data (Sched

Quarterly Financial Data (Schedule of Quarterly Financial Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								9 Months Ended	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Data [Abstract]
Total revenues	$ 161,035	$ 189,247	$ 193,596	$ 261,721	$ 400,911	$ 393,955	$ 359,662	$ 336,756		$ 805,599	$ 1,491,284	$ 1,262,904
Segment profits	24,992	34,317	37,022	66,412	128,729	129,835	116,732	104,569		162,743	479,865	394,816
Net income (loss)	$ (55,184)	$ (105,642)	$ (48,295)	$ (32,624)	$ (18,808)	$ 9,931	$ 2,443	$ (1,907)		$ (241,745)	$ (8,341)	$ (35,929)
Basic	$ (1.37)	$ (2.63)	$ (1.20)	$ (0.81)	$ (0.46)	$ 0.24	$ 0.06	$ (0.05)		$ (5.97)	$ (0.20)	$ (0.89)
Diluted	$ (1.37)	$ (2.63)	$ (1.20)	$ (0.81)	$ (0.46)	$ 0.24	$ 0.06	$ (0.05)		$ (5.97)	$ (0.20)	$ (0.89)
Weighted average common shares outstanding, Basic	40,148,000	40,168,000	40,168,000	40,072,000	41,332,000	41,477,000	41,342,000	40,605,000		40,505,429	41,165,940	40,288,218
Weighted average common shares outstanding, Diluted	40,148,000	40,168,000	40,168,000	40,072,000	41,332,000	42,213,000	42,043,000	40,605,000		40,505,429	41,165,940	40,288,218
Goodwill impairment		$ 81,900			$ 34,700				$ 81,900	$ 81,877	$ 34,703

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Disclosure Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]
Goodwill impairment	$ 81,900	$ 34,700	$ 81,900	$ 81,877	$ 34,703

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member] - USD ($)	Feb. 26, 2016	Feb. 17, 2016
Amended Revolving Credit Facility [Member] | Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Revolving credit facility	$ 100,000,000
Term Loan Agreement [Member]
Subsequent Event [Line Items]
Aggregate principal amount		$ 165,000,000
Delayed Draw Term Loan [Member]
Subsequent Event [Line Items]
Aggregate principal amount		$ 15,000,000

Schedule II - Valuation And Q81

Schedule II - Valuation And Qualifying Accounts (Details) - Allowance for Doubtful Accounts - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		$ 2,032	$ 3,675	$ 2,780
Charged to Costs and Expenses	[1]	$ 2,850	$ 1,244	$ 2,103
Charged to Other Accounts	[2]
Deductions	[3]	$ (2,212)	$ (2,887)	$ (1,208)
Balance at End of Period		$ 2,670	$ 2,032	$ 3,675
[1]	Charges relate to provisions for doubtful accounts
[2]	Reflects the impact of acquisitions
[3]	Deductions relate to the write-off of accounts receivable deemed uncollectible