Basic Energy Services (BASWQ) 10-Q 29 Jul 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 28, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
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 Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		42,758,940

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 86,100	$ 46,732
Restricted cash	30,196	0
Trade accounts receivable, net of allowance of $2,029 and $2,670, respectively	78,767	102,127
Accounts receivable - related parties	26	35
Income tax receivable	1,276	1,828
Inventories	33,364	36,944
Prepaid expenses	14,271	13,851
Other current assets	9,101	9,968
Total current assets	253,101	211,485
Property and equipment, net	751,070	846,290
Deferred debt costs, net of amortization	1,573	3,420
Intangible assets, net of amortization	62,298	66,745
Other assets	10,316	10,241
Total assets	1,078,358	1,138,181
Current liabilities:
Accounts payable	33,033	54,521
Accrued expenses	75,457	59,380
Current portion of long-term debt	42,923	48,651
Other current liabilities	1,011	7,003
Total current liabilities	152,424	169,555
Long-term debt, net of unamortized premium on notes of $818 and $956, and deferred debt costs of $24,321 and $9,704, respectively	961,416	828,664
Deferred tax liabilities	662	5,066
Other long-term liabilities	26,263	28,558
Commitments and contingencies
Stockholders' equity:
Preferred stock; $0.01 par value; 5,000,000 shares authorized; none designated or issued at June 30, 2016 and December 31, 2015	0	0
Common stock; $0.01 par value; 80,000,000 shares authorized; 43,500,032 shares issued and 42,758,940 shares outstanding at June 30, 2016; 43,500,032 shares issued and 42,196,680 shares outstanding at December 31, 2015	435	435
Additional paid-in capital	374,711	374,729
Retained deficit	(430,034)	(256,812)
Treasury stock, at cost, 741,092 and 1,303,352 shares at June 30, 2016 and December 31, 2015, respectively	(7,519)	(12,014)
Total stockholders' (deficit) equity	(62,407)	106,338
Total liabilities and stockholders' equity	$ 1,078,358	$ 1,138,181

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for trade accounts receivable	$ 2,029	$ 2,670
Unamortized premium on notes	818	956
Deferred debt costs	$ 24,321	$ 9,704
Preferred stock, par value (dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (dollars per share)	$ 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	42,758,940	42,196,680
Treasury stock, shares	741,092	1,303,352

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Total revenues	$ 120,004	$ 193,596	$ 250,361	$ 455,317
Expenses:
Expenses	104,694	156,574	216,681	351,884
General and administrative, including stock-based compensation of $2,277 and $3,270 in three months ended June 30, 2016 and 2015, and $5,117 and $7,239 in the six months ended June 30, 2016 and 2015, respectively	27,078	35,673	56,640	74,877
Depreciation and amortization	54,847	60,231	110,999	121,160
Loss (gain) on disposal of assets	336	(57)	261	(9)
Total expenses	186,955	252,421	384,581	547,912
Operating loss	(66,951)	(58,825)	(134,220)	(92,595)
Other income (expense):
Interest expense	(22,521)	(16,841)	(43,235)	(33,704)
Interest income	7	4	9	10
Other income	244	215	340	335
Loss before income taxes	(89,221)	(75,447)	(177,106)	(125,954)
Income tax benefit (expense)	(662)	27,152	3,884	45,035
Net loss	$ (89,883)	$ (48,295)	$ (173,222)	$ (80,919)
Loss per share of common stock:
Basic (dollars per share)	$ (2.11)	$ (1.20)	$ (4.14)	$ (2)
Diluted (dollars per share)	$ (2.11)	$ (1.20)	$ (4.14)	$ (2)
Operating Segments | Completion and remedial services
Revenues:
Total revenues	$ 36,228	$ 69,056	$ 75,924	$ 181,831
Expenses:
Expenses	32,860	57,670	67,648	138,921
Depreciation and amortization	18,954	21,056	38,359	42,356
Operating Segments | Fluid services
Revenues:
Total revenues	45,491	63,704	95,741	137,506
Expenses:
Expenses	38,619	48,381	79,786	102,512
Depreciation and amortization	16,145	17,515	32,673	35,233
Operating Segments | Well servicing
Revenues:
Total revenues	36,824	56,500	75,731	120,168
Expenses:
Expenses	31,847	47,035	66,318	99,437
Depreciation and amortization	13,886	15,284	28,102	30,745
Operating Segments | Contract drilling
Revenues:
Total revenues	1,461	4,336	2,965	15,812
Expenses:
Expenses	1,368	3,488	2,929	11,014
Depreciation and amortization	$ 3,201	$ 3,512	$ 6,479	$ 7,064

Consolidated Statements of Ope5

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Stock-based compensation	$ 2,277	$ 3,270	$ 5,117	$ 7,239

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - 6 months ended Jun. 30, 2016 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Retained Deficit
Beginning Balance (in shares) at Dec. 31, 2015		43,500,032
Beginning Balance at Dec. 31, 2015	$ 106,338	$ 435	$ 374,729	$ (12,014)	$ (256,812)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuances of restricted stock			(5,135)	5,135
Amortization of share-based compensation	5,117		5,117
Purchase of treasury stock	(640)			(640)
Net loss	(173,222)				(173,222)
Ending Balance (in shares) at Jun. 30, 2016		43,500,032
Ending Balance at Jun. 30, 2016	$ (62,407)	$ 435	$ 374,711	$ (7,519)	$ (430,034)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net loss	$ (173,222)	$ (80,919)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	110,999	121,160
Accretion on asset retirement obligation	72	66
Change in allowance for doubtful accounts	(641)	(582)
Amortization of deferred financing costs	4,486	1,525
Amortization of premium on notes	(138)	(126)
Non-cash compensation	5,117	7,239
(Gain) loss on disposal of assets	261	(9)
Deferred income taxes	(4,404)	(45,037)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	24,010	121,348
Inventories	4,440	3,949
Income tax receivable	552	954
Prepaid expenses and other current assets	294	(978)
Other assets	(85)	160
Accounts payable	(21,488)	(23,474)
Other liabilities	(8,338)	(956)
Accrued expenses	16,077	(16,204)
Net cash (used in) provided by operating activities	(42,008)	88,116
Cash flows from investing activities:
Purchase of property and equipment	(11,561)	(34,823)
Proceeds from sale of assets	1,451	6,411
Net cash used in investing activities	(10,110)	(28,412)
Cash flows from financing activities:
Payments of debt	(25,422)	(43,111)
Proceeds from debt	165,000	0
Change in restricted cash	(30,196)	0
Purchase of treasury stock	(640)	(4,562)
Tax withholding from exercise of stock options	0	(3)
Exercise of employee stock options	0	727
Deferred loan costs and other financing activities	(17,256)	(848)
Net cash provided by (used in) financing activities	91,486	(47,797)
Net increase in cash and equivalents	39,368	11,907
Cash and cash equivalents - beginning of period	46,732	79,915
Cash and cash equivalents - end of period	$ 86,100	$ 91,822

Basis of Presentation and Natur

Basis of Presentation and Nature of Operations	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation and Nature of Operations	Basis of Presentation and Nature of Operations Basis of Presentation The accompanying unaudited consolidated financial statements of Basic Energy Services, Inc. and subsidiaries (“Basic” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial reporting. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. Certain information relating to our organization and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted in this Quarterly Report on Form 10-Q in accordance with GAAP and financial statement requirements promulgated by the U.S. Securities and Exchange Commission (“SEC”). The notes to the consolidated financial statements (unaudited) should be read in conjunction with the notes to the consolidated financial statements contained in the December 31, 2015 Form 10-K. In the opinion of management, all adjustments which are of a normal recurring nature considered necessary for a fair presentation have been made in the accompanying unaudited financial statements. Nature of Operations Basic provides a wide range of well site services to oil and natural gas drilling and producing companies, including completion and remedial services, fluid services, well servicing and contract drilling. These services are primarily provided using Basic’s fleet of equipment. Basic’s operations are concentrated in the major United States onshore oil and gas producing regions in Texas, New Mexico, Oklahoma, Arkansas, Kansas, Louisiana, Wyoming, North Dakota, Colorado, Utah, Montana, West Virginia, Ohio, California, Kentucky and Pennsylvania. 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 and Uncertainties Preparation of the accompanying consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and 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

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. This assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. The Company incurred a net loss of $173.2 million for the six months ended June 30, 2016, and a net loss of $241.7 million for the year ended December 31, 2015. Basic’s senior management and Board are evaluating potential strategic alternatives, such as refinancing or restructuring of the Company’s capital structure or available financing options to address the Company's liquidity position and high debt levels. Basic has engaged financial and legal advisers, and is actively working with these advisers and negotiating with certain creditors and their advisers with respect to alternatives to the Company’s current capital structure. While the Company is optimistic that ongoing negotiations with its creditors will lead to satisfactory resolution of these issues, the Company cannot provide any assurance that these negotiations will be successful. If the Company is unable to find acceptable alternatives to its current capital structure to better fund future capital needs, or if the Company is unable to finance its operations on acceptable terms or at all, the Company’s business, financial condition and results of operations may be materially and adversely affected. For additional information, please see “Risk Factors” in Part II, Item 1A of this Quarterly Report, as well as “Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources” in Part I, Item 2 of this Quarterly Report.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions In 2015 , Basic acquired substantially all of the assets of the following business, which was accounted for using the purchase method of accounting. The following table summarizes the values for the acquisition at the date of acquisition (in thousands): Total Cash Paid Closing Date (net of cash acquired) 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 The operations of the acquisitions listed above are included in Basic’s consolidated statement of operations as of each respective closing date. The provisional value used with respect to Harbor Resources, LLC, Aerion Rental, LLC and Grey Rock Pressure Pumping, LLC will be finalized during the third quarter of 2016 . The pro forma effect of the acquisitions completed during 2015 were not material, either individually or when aggregated, to the reported results of operations. Basic has not made any acquisitions during the first six months of 2016 .

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets During 2015, as a result of the Company’s assessment of goodwill, we impaired all existing goodwill. The Company had no additions to goodwill during the six months ended June 30, 2016 . Basic’s intangible assets were as follows (in thousands): June 30, 2016 December 31, 2015 Customer relationships $ 92,660 $ 92,660 Non-compete agreements 9,427 13,057 Trade names 1,939 1,939 Other intangible assets 2,096 2,086 106,122 109,742 Less accumulated amortization 43,824 42,997 Intangible assets subject to amortization, net $ 62,298 $ 66,745 Amortization expense for the three months ended June 30, 2016 and 2015 was approximately $2.2 million and $2.3 million , respectively. Amortization expense for the six months ended June 30, 2016 and 2015 was approximately $4.5 million and $4.4 million , respectively. Intangible assets, net of accumulated amortization allocated to reporting units as of June 30, 2016 were as follows (in thousands): Completion And Remedial Contract Services Well Servicing Fluid Services Drilling Total Intangible assets subject to amortization, net $ 46,467 $ 5,647 $ 7,467 $ 2,717 $ 62,298 Customer relationships are amortized over a 15 -year life, non-compete agreements are amortized over a five -year life, and other intangible assets are amortized over a 15 -year life.

Property And Equipment

Property And Equipment	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consisted of the following (in thousands): June 30, 2016 December 31, 2015 Land $ 20,422 $ 19,893 Buildings and improvements 75,359 73,599 Well service units and equipment 489,345 488,003 Frac equipment/test tanks 355,358 363,346 Pumping equipment 344,679 345,938 Fluid services equipment 268,778 268,249 Disposal facilities 163,015 166,371 Contract drilling equipment 112,690 112,068 Rental equipment 95,633 94,970 Light vehicles 67,419 67,521 Software 21,920 21,920 Other 16,335 16,672 Construction equipment 15,010 15,174 Brine and fresh water stations 15,810 13,761 2,061,773 2,067,485 Less accumulated depreciation and amortization 1,310,703 1,221,195 Property and equipment, net $ 751,070 $ 846,290 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 consisted of the following (in thousands): June 30, 2016 December 31, 2015 Fluid services equipment $ 117,773 $ 129,459 Pumping equipment 39,709 43,573 Light vehicles 27,996 33,424 Contract drilling equipment 5,840 6,493 Well service units and equipment 335 541 Construction equipment 118 288 191,771 213,778 Less accumulated amortization 84,363 82,679 $ 107,408 $ 131,099 Amortization of assets held under capital leases of approximately $9.2 million and $10.4 million for the three months ended June 30, 2016 and 2015 , respectively and $18.8 million and $21.2 million for the six months ended June 30, 2016 and 2015 , respectively, is included in depreciation and amortization expense in the consolidated statements of operations.

Long-Term Debt and Interest Exp

Long-Term Debt and Interest Expense	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt and Interest Expense	Long-Term Debt and Interest Expense Long-term debt consisted of the following (in thousands): June 30, 2016 December 31, 2015 Credit Facilities: Term Loan $ 165,000 $ — 7.75% Senior Notes due 2019 475,000 475,000 7.75% Senior Notes due 2022 300,000 300,000 Unamortized premium 818 956 Capital leases and other notes 87,842 111,063 Total debt 1,028,660 887,019 Less debt issuance costs, net of amortization 24,321 9,704 Less current portion 42,923 48,651 Long-term debt $ 961,416 $ 828,664 On February 17, 2016, the Company entered into the Term Loan Credit Agreement (as subsequently amended, the “Term Loan Agreement”) with a syndicate of lenders and U.S. Bank National Association, as administrative agent for the lenders. The Term Loan Agreement includes two categories of borrowings (collectively, the “Term Loans”): (a) the closing date term loan borrowings in an aggregate amount of $165.0 million on the closing date, and (b) a delayed draw term loan borrowing in an aggregate principal amount not to exceed $15.0 million . The making of the Term Loans is subject to the satisfaction of certain conditions precedent, including, with respect to the delayed draw term loans, the consent of the lenders providing the delayed draw term loans. On February 26, 2016, the Company satisfied the conditions precedent to the making of the closing date term loans, and the proceeds of the closing date term loans were deposited into an escrow account, pending satisfaction of certain conditions. On the closing date, 49.1% of the proceeds of the closing date term loans were released upon Basic causing not less than 49.1% of the term loan priority collateral to become subject to a perfected lien in favor of the administrative agent. On May 31, 2016, an additional 26% , and on June 30, 2016, an additional 10% of the proceeds of the closing date term loans were released upon Basic causing not less than 85% of the term loan priority collateral to become subject to a perfected lien in favor of the administrative agent. On August 31, 2016, upon the satisfaction of predetermined conditions related to perfection of collateral, the remaining proceeds of the Term Loans deposited in the escrow account may be released upon the Company causing not less than 95% of the term loan priority collateral to become subject to a perfected lien in favor of the administrative agent. However, such conditions may not be satisfied by August 31, 2016, and the Company is currently seeking an extension of the deadline for satisfaction of such conditions. The Company cannot predict whether the Term Loan Agreement lenders will agree to extend the deadline for satisfaction of such conditions. Delayed draw term loan borrowings may be made until October 31, 2016. Borrowings under the Term Loan Agreement will mature in February, 2021. However, if Basic has not completed an acceptable 2019 senior notes refinancing by November, 2018, then the borrowings under the Term Loan Agreement will mature in November, 2018. Basic is required to prepay the Term Loan Agreement under certain circumstances without premium or penalty unless such prepayment is in connection with the “springing” maturity date of November, 2018 described above, a change of control or the incurrence of indebtedness not permitted under the Term Loan Agreement and under certain other circumstances, in which case such prepayment will be subject to the applicable premium. Each Term Loan will bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to 13.50% . In addition, Basic was responsible for the applicable lenders’ fees, including a closing payment equal to 7.00% of the aggregate principal amount of commitments of each lender under the Term Loan Agreement as of the effective date, and administrative agent fees. The Term Loan 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. If an event of default occurs under the Term Loan Agreement, then the administrative agent may, with the consent of the required lenders, or shall, at the direction of, the required lenders, (i) terminate lenders’ commitments under the Term Loan Agreement, (ii) declare any outstanding loans under the Term Loan Agreement to be immediately due and payable, and (iii) exercise on behalf of itself and the lenders all rights and remedies available to it and the lenders under the loan documents or applicable law or equity. On February 26, 2016, in connection with the initial closing date of the Term Loan Agreement, the Company entered into an amendment to its existing $250 million revolving credit facility (as so amended, the “Modified Facility”) with a syndicate of lenders and Bank of America, N.A., as administrative agent for the lenders, which, among other things: (i) reduced the maximum aggregate commitments thereunder from $250 million to $100 million ; (ii) revised the maturity date to the earliest to occur of November, 2019 and August, 2018 if a specified refinancing of Basic’s 2019 senior notes has not been completed by August, 2018; (iii) modified the borrowing base calculation; (iv) permitted Basic to incur Term Loans under the new Term Loan Agreement in an aggregate principal amount not to exceed $180 million , and enter into and permitted to exist other obligations and liens relating to the Term Loan Agreement; and (v) redefined the collateral under the Modified Facility to exclude term loan priority collateral, and released and discharged the administrative agent’s security interests in and liens on such collateral. The Company adopted Accounting Standards Update (“ASU”) 2015-03, “Simplifying the Presentation of Debt Issuance Cost” beginning on January 1, 2016, and retrospectively for all periods presented. 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 table below presents long-term debt and associated deferred debt issuance costs, net of amortization. The unamortized value of deferred debt issuance costs associated with the Modified Facility continue to be presented as an asset on the Company’s consolidated balance sheets. As of June 30, 2016 , Basic had no borrowings and $51.8 million of letters of credit outstanding under its Modified Facility, giving Basic $22.1 million of available borrowing capacity based on its borrowing base determined as of such date. Basic’s interest expense consisted of the following (in thousands): Six Months Ended June 30, 2016 2015 Cash payments for interest $ 32,560 $ 30,892 Commitment and other fees paid 1,272 1,336 Amortization of debt issuance costs and discount or premium on notes 4,348 1,398 Change in accrued interest 5,010 174 Other 45 (96 ) $ 43,235 $ 33,704

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	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 any of these items resulting in a material adverse impact to Basic’s financial position, liquidity, capital resources or future results of operations is remote. 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. However, management does recognize that by the very nature of its business, material costs could be incurred in the near term to bring Basic into total compliance. The amount of such future expenditures is not determinable due to several factors, including the unknown magnitude of possible contamination, 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. 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 workover rig fleet, with the exception of certain of its 24-hour workover rigs and newly manufactured rigs. Basic has deductibles per occurrence for workers’ compensation, general liability claims, automobile liability and medical coverage of $2.5 million , $1.0 million , $1.0 million , and $400,000 , respectively. Basic maintains accruals in the accompanying consolidated balance sheets related to self-insurance retentions based upon third-party data and claims history. At June 30, 2016 and December 31, 2015 , self-insured risk accruals totaled approximately $31.1 million and $30.8 million , respectively.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Common Stock In March 2016, Basic granted various employees 790,263 restricted shares of common stock that vest over a three -year period. Treasury Stock As of June 30, 2016 , Basic may purchase up to an additional $9.5 million of Basic’s shares of common stock under the repurchase program. During the first six months of 2016 , Basic did not repurchase any shares under the repurchase program. Basic has acquired treasury shares through net share settlements for payment of payroll taxes upon the vesting of restricted stock. Basic acquired a total of 220,391 shares through net share settlements during the first six months of 2016 and 203,594 shares through net share settlements during the first six months of 2015 .

Incentive Plan

Incentive Plan	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Incentive Plan	Incentive Plan During the three months ended June 30, 2016 and 2015 , compensation expense related to share-based arrangements was approximately $2.3 million and $3.3 million , respectively. For compensation expense recognized during the three months ended June 30, 2015 , Basic recognized a tax benefit of approximately $1.2 million . During the six months ended June 30, 2016 and 2015 , compensation expense related to share-based arrangements was approximately $5.1 million and $7.2 million , respectively. For compensation expense recognized during the six months ended June 30, 2015 , Basic recognized a tax benefit of approximately $2.6 million . As of June 30, 2016 , there was approximately $12.6 million 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 2.0 years . The total fair value of share-based awards vested during the six months ended June 30, 2016 and 2015 was approximately $2.5 million and $5.0 million , respectively. During the six months ended June 30, 2016 and 2015 , there was no excess tax benefit due to the net operating loss carryforwards (“NOL”). If there was no NOL, there would have been an excess tax benefit of approximately $11,000 at June 30, 2015 . 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 10 years from the date they are granted, and generally vest over a three - to five -year service period. The following table reflects changes during the six month period and a summary of stock options outstanding at June 30, 2016 : Weighted Average Weighted Remaining Aggregate Number of Average Contractual Intrinsic Options Exercise Term Value Granted Price (Years) (000's) Non-statutory stock options: Outstanding, beginning of period 175,000 $ 26.29 Options expired (152,000 ) 26.84 Outstanding, end of period 23,000 $ 22.66 0.7 $ — Exercisable, end of period 23,000 $ 22.66 0.7 $ — Vested or expected to vest, end of period 23,000 $ 22.66 0.7 $ — The total intrinsic value of share options exercised during the six months June 30, 2015 was approximately $37,000 . There were no stock options exercised during the six months ended June 30, 2016. Cash received from share option exercises under the Plan was approximately $724,000 for the six months ended June 30, 2015 . During the six months ended June 30, 2016 and 2015 , there was no excess tax benefit due to the NOL. If there was no NOL, there would have been no tax benefit for at June 30, 2016, and an excess tax benefit of approximately $534,000 at June 30, 2015 . Restricted Stock Awards A summary of the status of Basic’s non-vested share grants at June 30, 2016 and changes during the six months ended June 30, 2016 is presented in the following table: Weighted Average Number of Grant Date Fair Nonvested Shares Shares Value Per Share Nonvested at beginning of period 1,967,376 $ 14.34 Granted during period 790,263 2.73 Vested during period (858,705 ) 15.02 Forfeited during period (7,612 ) 23.81 Nonvested at end of period 1,891,322 $ 9.14 Phantom Stock Awards On March 24, 2016, 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 two -year calculation period starting on the 20th NYSE trading day prior to and including the last NYSE trading day of 2015 and ending on the last NYSE trading day of 2017). The number of phantom shares to be issued will range from 0% to 150% of the 705,263 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-half increments on March 15, 2018 and 2019 (subject to accelerated vesting in certain circumstances). As of June 30, 2016, Basic estimated that 100% of the target number of performance-based awards will be earned. The Board of Directors also approved grants of phantom restricted stock awards to certain key employees. The number of phantom shares issued was 552,100 . These grants remain subject to vesting annually in one-third increments over a three -year period, with the first portion vesting March 15, 2017 (subject to accelerated vesting in certain circumstances). Key Employee Retention Plan and Key Employee Incentive Plan In June 2016, in order to retain top-tier executive talent, Basic entered into (i) Key Employee Retention Bonus ("KERP") agreements with certain of its employees, and (ii) Key Employee Incentive Bonus ("KEIP") agreements with certain of its executive officers. The Company’s Board of Directors authorized the KERP and KEIP, which are designed to supplement Basic’s existing employee compensation programs. The KERP and KEIP programs are to be paid in cash. The first installment of the KERP was paid in June 2016. The remaining payments are to be paid on each of August 15, 2016, November 15, 2016 and February 15, 2017. The first payment of the KEIP was paid in June 2016, and remaining payments under the KEIP bonus are subject to the attainment of certain goals related to restructuring of the Company's debt. Under the retention bonus agreements, if prior to June 20, 2017 either (i) a recipient voluntarily terminates his employment with the Company other than as an eligible retirement or (ii) his employment is terminated by the Company for cause then the recipient will both forfeit his right to payment of any remaining installment payments and be obligated to repay the Company for the total amount of any installment payments previously paid prior to such termination. The recipient will be eligible to receive any scheduled installment payments under the plans in the event of a termination of employment prior to the vesting date that is without cause, as an eligible retirement or by reason of disability or death.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Basic had receivables from employees of approximately $26,000 and $34,000 as of June 30, 2016 and December 31, 2015 , 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 lease 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 February 2015, Basic purchased 100 acres of vacant land outside of Midland, Texas for $1.5 million from DVCC.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table sets forth the computation of unaudited basic and diluted earnings (loss) per share (in thousands, except share data): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Unaudited) (Unaudited) Numerator (both basic and diluted): Net loss $ (89,883 ) $ (48,295 ) $ (173,222 ) $ (80,919 ) Denominator: Denominator for basic loss per share 42,602,128 40,167,876 41,869,855 40,360,194 Denominator for diluted loss per share 42,602,128 40,167,876 41,869,855 40,360,194 Basic loss per common share: $ (2.11 ) $ (1.20 ) $ (4.14 ) $ (2.00 ) Diluted loss per common share: $ (2.11 ) $ (1.20 ) $ (4.14 ) $ (2.00 ) Unvested restricted stock shares of approximately 803,240 and 781,526 were excluded from the computation of diluted loss per share for the three month and six months ended June 30, 2016, respectively, and stock options and unvested restricted stock of 494,670 and 650,972 were excluded in the computation of diluted loss per share for the three and six months ended June 30, 2015, respectively, as the effect would have been anti-dilutive.

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The following table sets forth certain financial information with respect to Basic’s reportable segments (in thousands): Completion and Remedial Fluid Well Contract Corporate and Services Services Servicing Drilling Other Total Three Months Ended June 30, 2016 (Unaudited) Operating revenues $ 36,228 45,491 36,824 1,461 $ — $ 120,004 Direct operating costs (32,860 ) (38,619 ) (31,847 ) (1,368 ) — $ (104,694 ) Segment profits $ 3,368 $ 6,872 $ 4,977 $ 93 $ — $ 15,310 Depreciation and amortization $ 18,954 $ 16,145 $ 13,886 $ 3,201 $ 2,661 $ 54,847 Capital expenditures (excluding acquisitions) $ 935 $ 3,031 $ 2,303 $ — $ 1,526 $ 7,795 Three Months Ended June 30, 2015 (Unaudited) Operating revenues $ 69,056 $ 63,704 $ 56,500 $ 4,336 $ — $ 193,596 Direct operating costs (57,670 ) (48,381 ) (47,035 ) (3,488 ) — (156,574 ) Segment profits $ 11,386 $ 15,323 $ 9,465 $ 848 $ — $ 37,022 Depreciation and amortization $ 21,056 $ 17,515 $ 15,284 $ 3,512 $ 2,864 $ 60,231 Capital expenditures (excluding acquisitions) $ 2,274 $ 2,710 $ 2,892 $ 236 $ 1,831 $ 9,943 Six Months Ended June 30, 2016 (Unaudited) Operating revenues $ 75,924 95,741 75,731 2,965 $ — $ 250,361 Direct operating costs (67,648 ) (79,786 ) (66,318 ) (2,929 ) — $ (216,681 ) Segment profits $ 8,276 $ 15,955 $ 9,413 $ 36 $ — $ 33,680 Depreciation and amortization $ 38,359 $ 32,673 $ 28,102 $ 6,479 $ 5,386 $ 110,999 Capital expenditures (excluding acquisitions) $ 1,511 $ 6,178 $ 3,454 $ 113 $ 2,506 $ 13,762 Identifiable assets $ 324,114 $ 227,006 $ 209,498 $ 45,976 $ 271,764 $ 1,078,358 Six Months Ended June 30, 2015 (Unaudited) Operating revenues $ 181,831 $ 137,506 $ 120,168 $ 15,812 $ — $ 455,317 Direct operating costs (138,921 ) (102,512 ) (99,437 ) (11,014 ) — (351,884 ) Segment profits $ 42,910 $ 34,994 $ 20,731 $ 4,798 $ — $ 103,433 Depreciation and amortization $ 42,356 $ 35,233 $ 30,745 $ 7,064 $ 5,762 $ 121,160 Capital expenditures (excluding acquisitions) $ 16,446 $ 8,936 $ 13,243 $ 1,110 $ 4,346 $ 44,081 Identifiable assets $ 477,316 $ 277,739 $ 257,778 $ 56,230 $ 333,011 $ 1,402,074 The following table reconciles the segment profits reported above to the operating loss as reported in the consolidated statements of operations (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Segment profits $ 15,310 $ 37,022 $ 33,680 $ 103,433 General and administrative expenses (27,078 ) (35,673 ) (56,640 ) (74,877 ) Depreciation and amortization (54,847 ) (60,231 ) (110,999 ) (121,160 ) Gain (Loss) on disposal of assets (336 ) 57 (261 ) 9 Operating loss $ (66,951 ) $ (58,825 ) $ (134,220 ) $ (92,595 )

Supplemental Schedule Of Cash F

Supplemental Schedule Of Cash Flow Information	6 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental Schedule Of Cash Flow Information	Supplemental Schedule of Cash Flow Information The following table reflects non-cash financing and investing activity during the following periods: Six Months Ended June 30, 2016 2015 (In thousands) Capital leases issued for equipment $ 2,201 $ 9,257 Asset retirement obligation additions (retirements) $ (21 ) $ 13 Basic paid no income taxes during the six months ended June 30, 2016 and 2015 . Basic paid interest of approximately $32.6 million and $30.9 million during the six months ended June 30, 2016 and 2015 , respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following is a summary of the carrying amounts and estimated fair values of our financial instruments as of June 30, 2016 and December 31, 2015 . The fair value of our long-term notes is based upon the quoted market prices at June 30, 2016 and December 31, 2015 and is as follows: Fair Value June 30, 2016 December 31, 2015 Hierarchy Level Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) 7.75% Senior Notes due 2019, excluding premium 1 $ 475,000 $ 180,500 $ 475,000 $ 399,000 7.75% Senior Notes due 2022, excluding premium 1 $ 300,000 $ 84,006 $ 300,000 $ 238,500 Term Loan 3 $ 165,000 $ 167,968 $ — $ — The fair value of the Company’s Senior Notes is based on quoted market prices available for Basic’s Senior Notes. The fair value of the Company’s Term Loan is based upon our discounted cash flows model using a third-party discount rate. The carrying amount of our Modified Facility approximates fair value due to its variable-rate characteristics. The carrying amounts of cash and cash equivalents, trade accounts receivable, accounts receivable-related parties, accounts payable and accrued expenses approximate fair value due to the short maturities of these instruments.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently adopted 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 ASU is effective for annual periods beginning after December 15, 2015. Basic has adopted this pronouncement, which resulted in a reclassification of deferred debt costs related to long-term debt from an asset to an offset of the related liability. The adoption of the ASU did not affect our method of amortizing debt issuance costs, and will not affect the statement of operations. In November 2015, the FASB issued ASU 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, however early adoption is permitted. Basic has elected to adopt this ASU beginning in the interim period ended March 31, 2016, and retrospectively for all periods presented. Not yet adopted In August, 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-15, “ Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern ,” which requires management to assess a company’s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. Under the new standard, disclosures are required when conditions give rise to substantial doubt about a company’s ability to continue as a going concern within one year from the financial statement issuance date. The Update applies to all companies and is effective for the annual period ending after December 15, 2016, and all annual and interim periods thereafter. 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 ASU 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 has evaluated this pronouncement and determined that it will not have a material impact on its consolidated financial statements. 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 ASU 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. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The purpose of this Update to is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This Update is effective for Basic in annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The purpose of this Update to is to simplify overly complex areas of GAAP, while maintaining or improving the usefulness of the information. The areas for simplification in this Update involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This Update is effective for Basic in annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements.

Basis of Presentation and Nat23

Basis of Presentation and Nature of Operations (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Basic Energy Services, Inc. and subsidiaries (“Basic” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial reporting. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. Certain information relating to our organization and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted in this Quarterly Report on Form 10-Q in accordance with GAAP and financial statement requirements promulgated by the U.S. Securities and Exchange Commission (“SEC”). The notes to the consolidated financial statements (unaudited) should be read in conjunction with the notes to the consolidated financial statements contained in the December 31, 2015 Form 10-K. In the opinion of management, all adjustments which are of a normal recurring nature considered necessary for a fair presentation have been made in the accompanying unaudited financial statements.
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 and Uncertainties	Estimates and Uncertainties Preparation of the accompanying consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and 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
Recent Accounting Pronouncements	Recently adopted 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 ASU is effective for annual periods beginning after December 15, 2015. Basic has adopted this pronouncement, which resulted in a reclassification of deferred debt costs related to long-term debt from an asset to an offset of the related liability. The adoption of the ASU did not affect our method of amortizing debt issuance costs, and will not affect the statement of operations. In November 2015, the FASB issued ASU 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, however early adoption is permitted. Basic has elected to adopt this ASU beginning in the interim period ended March 31, 2016, and retrospectively for all periods presented. Not yet adopted In August, 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-15, “ Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern ,” which requires management to assess a company’s ability to continue as a going concern and to provide related footnote disclosures in certain circumstances. Under the new standard, disclosures are required when conditions give rise to substantial doubt about a company’s ability to continue as a going concern within one year from the financial statement issuance date. The Update applies to all companies and is effective for the annual period ending after December 15, 2016, and all annual and interim periods thereafter. 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 ASU 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 has evaluated this pronouncement and determined that it will not have a material impact on its consolidated financial statements. 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 ASU 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. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The purpose of this Update to is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This Update is effective for Basic in annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” The purpose of this Update to is to simplify overly complex areas of GAAP, while maintaining or improving the usefulness of the information. The areas for simplification in this Update involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This Update is effective for Basic in annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Basic is in the process of determining if this pronouncement will have a material impact on its consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Schedule of Values at Date of Acquisition	The following table summarizes the values for the acquisition at the date of acquisition (in thousands): Total Cash Paid Closing Date (net of cash acquired) 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

Goodwill and Other Intangible25

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Basic’s intangible assets were as follows (in thousands): June 30, 2016 December 31, 2015 Customer relationships $ 92,660 $ 92,660 Non-compete agreements 9,427 13,057 Trade names 1,939 1,939 Other intangible assets 2,096 2,086 106,122 109,742 Less accumulated amortization 43,824 42,997 Intangible assets subject to amortization, net $ 62,298 $ 66,745
Allocation of Intangible Assets to Reporting Units	Intangible assets, net of accumulated amortization allocated to reporting units as of June 30, 2016 were as follows (in thousands): Completion And Remedial Contract Services Well Servicing Fluid Services Drilling Total Intangible assets subject to amortization, net $ 46,467 $ 5,647 $ 7,467 $ 2,717 $ 62,298

Property And Equipment (Tables)

Property And Equipment (Tables)	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consisted of the following (in thousands): June 30, 2016 December 31, 2015 Land $ 20,422 $ 19,893 Buildings and improvements 75,359 73,599 Well service units and equipment 489,345 488,003 Frac equipment/test tanks 355,358 363,346 Pumping equipment 344,679 345,938 Fluid services equipment 268,778 268,249 Disposal facilities 163,015 166,371 Contract drilling equipment 112,690 112,068 Rental equipment 95,633 94,970 Light vehicles 67,419 67,521 Software 21,920 21,920 Other 16,335 16,672 Construction equipment 15,010 15,174 Brine and fresh water stations 15,810 13,761 2,061,773 2,067,485 Less accumulated depreciation and amortization 1,310,703 1,221,195 Property and equipment, net $ 751,070 $ 846,290
Schedule of Property and Equipment Under Capital Leases	The gross amount of property and equipment and related accumulated amortization recorded under capital leases and included above consisted of the following (in thousands): June 30, 2016 December 31, 2015 Fluid services equipment $ 117,773 $ 129,459 Pumping equipment 39,709 43,573 Light vehicles 27,996 33,424 Contract drilling equipment 5,840 6,493 Well service units and equipment 335 541 Construction equipment 118 288 191,771 213,778 Less accumulated amortization 84,363 82,679 $ 107,408 $ 131,099

Long-Term Debt and Interest E27

Long-Term Debt and Interest Expense (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Instruments	Long-term debt consisted of the following (in thousands): June 30, 2016 December 31, 2015 Credit Facilities: Term Loan $ 165,000 $ — 7.75% Senior Notes due 2019 475,000 475,000 7.75% Senior Notes due 2022 300,000 300,000 Unamortized premium 818 956 Capital leases and other notes 87,842 111,063 Total debt 1,028,660 887,019 Less debt issuance costs, net of amortization 24,321 9,704 Less current portion 42,923 48,651 Long-term debt $ 961,416 $ 828,664
Schedule of Interest Expense	Basic’s interest expense consisted of the following (in thousands): Six Months Ended June 30, 2016 2015 Cash payments for interest $ 32,560 $ 30,892 Commitment and other fees paid 1,272 1,336 Amortization of debt issuance costs and discount or premium on notes 4,348 1,398 Change in accrued interest 5,010 174 Other 45 (96 ) $ 43,235 $ 33,704

Incentive Plan (Tables)

Incentive Plan (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Options Outstanding	The following table reflects changes during the six month period and a summary of stock options outstanding at June 30, 2016 : Weighted Average Weighted Remaining Aggregate Number of Average Contractual Intrinsic Options Exercise Term Value Granted Price (Years) (000's) Non-statutory stock options: Outstanding, beginning of period 175,000 $ 26.29 Options expired (152,000 ) 26.84 Outstanding, end of period 23,000 $ 22.66 0.7 $ — Exercisable, end of period 23,000 $ 22.66 0.7 $ — Vested or expected to vest, end of period 23,000 $ 22.66 0.7 $ —
Summary of Non-Vested Shares	A summary of the status of Basic’s non-vested share grants at June 30, 2016 and changes during the six months ended June 30, 2016 is presented in the following table: Weighted Average Number of Grant Date Fair Nonvested Shares Shares Value Per Share Nonvested at beginning of period 1,967,376 $ 14.34 Granted during period 790,263 2.73 Vested during period (858,705 ) 15.02 Forfeited during period (7,612 ) 23.81 Nonvested at end of period 1,891,322 $ 9.14

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings (Loss) Per Share	The following table sets forth the computation of unaudited basic and diluted earnings (loss) per share (in thousands, except share data): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Unaudited) (Unaudited) Numerator (both basic and diluted): Net loss $ (89,883 ) $ (48,295 ) $ (173,222 ) $ (80,919 ) Denominator: Denominator for basic loss per share 42,602,128 40,167,876 41,869,855 40,360,194 Denominator for diluted loss per share 42,602,128 40,167,876 41,869,855 40,360,194 Basic loss per common share: $ (2.11 ) $ (1.20 ) $ (4.14 ) $ (2.00 ) Diluted loss per common share: $ (2.11 ) $ (1.20 ) $ (4.14 ) $ (2.00 )

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Reportable Segments Financial Information	The following table sets forth certain financial information with respect to Basic’s reportable segments (in thousands): Completion and Remedial Fluid Well Contract Corporate and Services Services Servicing Drilling Other Total Three Months Ended June 30, 2016 (Unaudited) Operating revenues $ 36,228 45,491 36,824 1,461 $ — $ 120,004 Direct operating costs (32,860 ) (38,619 ) (31,847 ) (1,368 ) — $ (104,694 ) Segment profits $ 3,368 $ 6,872 $ 4,977 $ 93 $ — $ 15,310 Depreciation and amortization $ 18,954 $ 16,145 $ 13,886 $ 3,201 $ 2,661 $ 54,847 Capital expenditures (excluding acquisitions) $ 935 $ 3,031 $ 2,303 $ — $ 1,526 $ 7,795 Three Months Ended June 30, 2015 (Unaudited) Operating revenues $ 69,056 $ 63,704 $ 56,500 $ 4,336 $ — $ 193,596 Direct operating costs (57,670 ) (48,381 ) (47,035 ) (3,488 ) — (156,574 ) Segment profits $ 11,386 $ 15,323 $ 9,465 $ 848 $ — $ 37,022 Depreciation and amortization $ 21,056 $ 17,515 $ 15,284 $ 3,512 $ 2,864 $ 60,231 Capital expenditures (excluding acquisitions) $ 2,274 $ 2,710 $ 2,892 $ 236 $ 1,831 $ 9,943 Six Months Ended June 30, 2016 (Unaudited) Operating revenues $ 75,924 95,741 75,731 2,965 $ — $ 250,361 Direct operating costs (67,648 ) (79,786 ) (66,318 ) (2,929 ) — $ (216,681 ) Segment profits $ 8,276 $ 15,955 $ 9,413 $ 36 $ — $ 33,680 Depreciation and amortization $ 38,359 $ 32,673 $ 28,102 $ 6,479 $ 5,386 $ 110,999 Capital expenditures (excluding acquisitions) $ 1,511 $ 6,178 $ 3,454 $ 113 $ 2,506 $ 13,762 Identifiable assets $ 324,114 $ 227,006 $ 209,498 $ 45,976 $ 271,764 $ 1,078,358 Six Months Ended June 30, 2015 (Unaudited) Operating revenues $ 181,831 $ 137,506 $ 120,168 $ 15,812 $ — $ 455,317 Direct operating costs (138,921 ) (102,512 ) (99,437 ) (11,014 ) — (351,884 ) Segment profits $ 42,910 $ 34,994 $ 20,731 $ 4,798 $ — $ 103,433 Depreciation and amortization $ 42,356 $ 35,233 $ 30,745 $ 7,064 $ 5,762 $ 121,160 Capital expenditures (excluding acquisitions) $ 16,446 $ 8,936 $ 13,243 $ 1,110 $ 4,346 $ 44,081 Identifiable assets $ 477,316 $ 277,739 $ 257,778 $ 56,230 $ 333,011 $ 1,402,074
Schedule of Reconciliation of Operating Profit (Loss) from Segments	The following table reconciles the segment profits reported above to the operating loss as reported in the consolidated statements of operations (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Segment profits $ 15,310 $ 37,022 $ 33,680 $ 103,433 General and administrative expenses (27,078 ) (35,673 ) (56,640 ) (74,877 ) Depreciation and amortization (54,847 ) (60,231 ) (110,999 ) (121,160 ) Gain (Loss) on disposal of assets (336 ) 57 (261 ) 9 Operating loss $ (66,951 ) $ (58,825 ) $ (134,220 ) $ (92,595 )

Supplemental Schedule Of Cash31

Supplemental Schedule Of Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Elements [Abstract]
Non-cash Financing and Investing Activity	The following table reflects non-cash financing and investing activity during the following periods: Six Months Ended June 30, 2016 2015 (In thousands) Capital leases issued for equipment $ 2,201 $ 9,257 Asset retirement obligation additions (retirements) $ (21 ) $ 13

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Carrying Amount and Fair Value of Financial Instruments	The following is a summary of the carrying amounts and estimated fair values of our financial instruments as of June 30, 2016 and December 31, 2015 . The fair value of our long-term notes is based upon the quoted market prices at June 30, 2016 and December 31, 2015 and is as follows: Fair Value June 30, 2016 December 31, 2015 Hierarchy Level Carrying Amount Fair Value Carrying Amount Fair Value (In thousands) 7.75% Senior Notes due 2019, excluding premium 1 $ 475,000 $ 180,500 $ 475,000 $ 399,000 7.75% Senior Notes due 2022, excluding premium 1 $ 300,000 $ 84,006 $ 300,000 $ 238,500 Term Loan 3 $ 165,000 $ 167,968 $ — $ —

Going Concern (Details)

Going Concern (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ 89,883	$ 48,295	$ 173,222	$ 80,919	$ 241,700

Acquisitions - Schedule Of Valu

Acquisitions - Schedule Of Values At Date Of Acquisition (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Jul. 24, 2015	Jul. 17, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Total Cash Paid (net of cash acquired)				$ 16,730
Harbor Resources, LLC
Business Acquisition [Line Items]
Closing Date			Jul. 17, 2015
Total Cash Paid (net of cash acquired)			$ 4,500
Aerion Rental, LLC
Business Acquisition [Line Items]
Closing Date		Jul. 24, 2015
Total Cash Paid (net of cash acquired)		$ 1,997
Grey Rock Pressure Pumping, LLC
Business Acquisition [Line Items]
Closing Date	Aug. 31, 2015
Total Cash Paid (net of cash acquired)	$ 10,233

Goodwill and Other Intangible35

Goodwill and Other Intangible Assets - Narrative (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Goodwill and Other Intangible Assets [Line Items]
Additions to goodwill			$ 0
Amortization expense of intangible assets	$ 2,200,000	$ 2,300,000	$ 4,500,000	$ 4,400,000
Customer relationships
Goodwill and Other Intangible Assets [Line Items]
Amortization period of intangible assets, in years			15 years
Non-compete agreements
Goodwill and Other Intangible Assets [Line Items]
Amortization period of intangible assets, in years			5 years
Other intangible assets
Goodwill and Other Intangible Assets [Line Items]
Amortization period of intangible assets, in years			15 years

Goodwill and Other Intangible36

Goodwill and Other Intangible Assets - Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Goodwill and Other Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	$ 106,122	$ 109,742
Less accumulated amortization	43,824	42,997
Intangible assets subject to amortization, net	62,298	66,745
Customer relationships
Goodwill and Other Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	92,660	92,660
Non-compete agreements
Goodwill and Other Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	9,427	13,057
Trade names
Goodwill and Other Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	1,939	1,939
Other intangible assets
Goodwill and Other Intangible Assets [Line Items]
Intangible assets subject to amortization, gross	$ 2,096	$ 2,086

Goodwill and Other Intangible37

Goodwill and Other Intangible Assets - Allocation of Intangible Assets to Reporting Units (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	$ 62,298	$ 66,745
Completion and Remedial Services
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	46,467
Well Servicing
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	5,647
Fluid Services
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	7,467
Contract Drilling
Summary Of Significant Accounting Policies [Line Items]
Intangible assets subject to amortization, net	$ 2,717

Property And Equipment - Narrat

Property And Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Capital lease obligation period			5 years
Amortization of assets held under capital leases	$ 9.2	$ 10.4	$ 18.8	$ 21.2

Property And Equipment - Proper

Property And Equipment - Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Property, Plant And Equipment [Line Items]
Property and equipment, gross	$ 2,061,773	$ 2,067,485
Less accumulated depreciation and amortization	1,310,703	1,221,195
Property and equipment, net	751,070	846,290
Land
Property, Plant And Equipment [Line Items]
Property and equipment, gross	20,422	19,893
Buildings and improvements
Property, Plant And Equipment [Line Items]
Property and equipment, gross	75,359	73,599
Well service units and equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	489,345	488,003
Frac equipment/test tanks
Property, Plant And Equipment [Line Items]
Property and equipment, gross	355,358	363,346
Pumping equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	344,679	345,938
Fluid services equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	268,778	268,249
Disposal facilities
Property, Plant And Equipment [Line Items]
Property and equipment, gross	163,015	166,371
Contract drilling equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	112,690	112,068
Rental equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	95,633	94,970
Light vehicles
Property, Plant And Equipment [Line Items]
Property and equipment, gross	67,419	67,521
Software
Property, Plant And Equipment [Line Items]
Property and equipment, gross	21,920	21,920
Other
Property, Plant And Equipment [Line Items]
Property and equipment, gross	16,335	16,672
Construction equipment
Property, Plant And Equipment [Line Items]
Property and equipment, gross	15,010	15,174
Brine and fresh water stations
Property, Plant And Equipment [Line Items]
Property and equipment, gross	$ 15,810	$ 13,761

Property And Equipment - Schedu

Property And Equipment - Schedule of Property and Equipment Under Capital Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	$ 191,771	$ 213,778
Less accumulated amortization	84,363	82,679
Property, plant and equipment under capital lease, net	107,408	131,099
Fluid services equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	117,773	129,459
Pumping equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	39,709	43,573
Light vehicles
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	27,996	33,424
Contract drilling equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	5,840	6,493
Well service units and equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	335	541
Construction equipment
Property, Plant And Equipment [Line Items]
Property, plant and equipment under capital lease, gross	$ 118	$ 288

Long-Term Debt and Interest E41

Long-Term Debt and Interest Expense - Narrative (Details) - USD ($)	Jun. 30, 2016	May 31, 2016	Feb. 26, 2016	Feb. 25, 2016	Feb. 17, 2016
Term Loan
Debt Instrument [Line Items]
Aggregate principal amount					$ 165,000,000
Delayed draw term loan borrowings, maximum					$ 15,000,000
Proceeds released upon closing			49.10%
Initial percentage of collateral subject to a perfected lien, not less than			49.10%
Additional proceeds released	10.00%	26.00%
Percentage of collateral subject to a perfected lien, not less than			85.00%
Remaining percentage of collateral subject to a perfect lien, not less than	95.00%
Lenders' fees, percentage of principal amount	7.00%
Modified Facility
Debt Instrument [Line Items]
Stated interest rate	13.50%
Revolving credit facility, borrowing capacity			$ 100,000,000	$ 250,000,000
Allowable borrowing capacity			$ 180,000,000
Borrowings	$ 0
Letters of credit outstanding	51,800,000
Available borrowing capacity	$ 22,100,000

Long-Term Debt and Interest E42

Long-Term Debt and Interest Expense - Schedule Of Long-Term Debt Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Term Loan	$ 165,000	$ 0
Unamortized premium	818	956
Capital leases and other notes	87,842	111,063
Total debt	1,028,660	887,019
Deferred debt costs, net of amortization	24,321	9,704
Less current portion	42,923	48,651
Long-term debt	961,416	828,664
7.75% Senior Notes due 2019
Debt Instrument [Line Items]
Senior notes	$ 475,000	$ 475,000
Interest rate	7.75%	7.75%
7.75% Senior Notes due 2022
Debt Instrument [Line Items]
Senior notes	$ 300,000	$ 300,000
Interest rate	7.75%	7.75%

Long-Term Debt and Interest E43

Long-Term Debt and Interest Expense - Schedule Of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Debt Disclosure [Abstract]
Cash payments for interest			$ 32,560	$ 30,892
Commitment and other fees paid			1,272	1,336
Amortization of debt issuance costs and discount or premium on notes			4,348	1,398
Change in accrued interest			5,010	174
Other			45	(96)
Total interest expense	$ 22,521	$ 16,841	$ 43,235	$ 33,704

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Self insurance deductible for workers compensation	$ 2.5
Self insurance deductible for general liability claims	1
Self insurance deductible for automobile liability	1
Self insurance deductible for medical and dental coverage	0.4
Self-insured risk accruals	$ 31.1	$ 30.8

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Detail) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Mar. 31, 2016	Jun. 30, 2016	Jun. 30, 2015
Equity [Abstract]
Restricted shares of common stock granted (in shares)	790,263
Restricted shares of common stock vesting period	3 years
Stock repurchase program, remaining authorized repurchase amount		$ 9.5
Common stock repurchased		0
Treasury shares acquired		220,391	203,594

Incentive Plan - Narrative (Det

Incentive Plan - Narrative (Details) - USD ($)	Mar. 24, 2016	Mar. 31, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expenses			$ 2,300,000	$ 3,300,000	$ 5,100,000	$ 7,200,000
Tax benefit				$ 1,200,000		2,600,000
Unrecognized compensation related to non-vested share-based compensation arrangements			$ 12,600,000		$ 12,600,000
Weighted-average period over which unrecognized compensation cost related to non-vested share-based compensation arrangements is expected to be recognized					2 years
Total fair value of share-based awards vested					$ 2,500,000	5,000,000
Excess tax benefit due to carryforward loss					$ 0	0
Vesting periods		3 years
Total intrinsic value of options exercised						37,000
Stock options exercised					0
Cash received from option exercises					$ 0	727,000
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess tax benefit if there was no net operating loss carryforwards						11,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Excess tax benefit if there was no net operating loss carryforwards					$ 0	534,000
Options expiration period					10 years
Cash received from option exercises						$ 724,000
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
Performance-based Phantom Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance calculation period	2 years
Target number of shares to be issued	705,263
Percentage of target number of performance-based awards will be earned					100.00%
Performance-based Phantom Stock Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be issued	0.00%
Performance-based Phantom Stock Awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be issued	150.00%
Phantom Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods					3 years
Shares issued					552,100
Year One | Performance-based Phantom Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation vesting percentage					50.00%
Year One | Phantom Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation vesting percentage					33.33%
Year Two | Performance-based Phantom Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation vesting percentage					50.00%
Year Two | Phantom Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation vesting percentage					33.33%
Year Three | Phantom Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation vesting percentage					33.33%

Incentive Plan - Stock Options

Incentive Plan - Stock Options Outstanding (Details) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Number of Options Granted
Outstanding, beginning of period | shares	175
Options expired | shares	(152)
Outstanding, end of period | shares	23
Exercisable, end of period, number of options granted | shares	23
Vested or expected to vest, end of period, number of options granted | shares	23
Outstanding, beginning of period, weighted average exercise price (dollars per share) | $ / shares	$ 26.29
Options expired, weighted average exercise price (dollars per share) | $ / shares	26.84
Outstanding, end of period, weighted average exercise price (dollars per share) | $ / shares	22.66
Exercisable, end of period, weighted average exercise price (dollars per share) | $ / shares	22.66
Vested or expected to vest, end of period, weighted average exercise price (dollars per share) | $ / shares	$ 22.66
Outstanding, end of period, weighted average remaining contractual term (years)	8 months 12 days
Exercisable, end of period, weighted average remaining contractual term (years)	8 months 12 days
Vested or expected to vest, end of period, weighted average remaining contractual term (years)	8 months 12 days
Outstanding, end of period, aggregate intrinsic value | $	$ 0
Exercisable, end of period, aggregate intrinsic value | $	0
Vested or expected to vest, end of period, aggregate intrinsic value | $	$ 0

Incentive Plan - Non-Vested Sha

Incentive Plan - Non-Vested Shares (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Number of Shares
Nonvested at beginning of period | shares	1,967,376
Granted during period | shares	790,263
Vested during period | shares	(858,705)
Forfeited during period | shares	(7,612)
Nonvested at end of period | shares	1,891,322
Weighted Average Grant Date Fair Value Per Share
Nonvested at beginning of period (dollars per share) | $ / shares	$ 14.34
Granted during period (dollars per share) | $ / shares	2.73
Vested during period (dollars per share) | $ / shares	15.02
Forfeited during period (dollars per share) | $ / shares	23.81
Nonvested at end of period (dollars per share) | $ / shares	$ 9.14

Related Party Transactions - Na

Related Party Transactions - Narrative (Details)	1 Months Ended
	Feb. 28, 2015USD ($)a	Dec. 31, 2010USD ($)$ / bbl	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Related Party Transaction [Line Items]
Receivables from employees			$ 26,000	$ 34,000
Darle Vuelta Cattle Co LLC
Related Party Transaction [Line Items]
Area of land purchased (in acres) | a	100
Payment to acquire land	$ 1,500,000
Darle Vuelta Cattle Co LLC | Salt Water Disposal Well
Related Party Transaction [Line Items]
Price of oil and gas waste per barrel (dollars per barrel) | $ / bbl		0.10
Price of brine or fresh water per barrel (dollars per barrel) | $ / bbl		0.05
Monthly payment on leases		$ 5,000

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of anti-dilutive shares	803,240		781,526
Stock Options And Unvested Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of anti-dilutive shares		494,670		650,972

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Numerator (both basic and diluted):
Net loss	$ (89,883)	$ (48,295)	$ (173,222)	$ (80,919)	$ (241,700)
Denominator:
Denominator for basic loss per share	42,602,128	40,167,876	41,869,855	40,360,194
Denominator for diluted loss per share	42,602,128	40,167,876	41,869,855	40,360,194
Basic loss per common share (dollars per share)	$ (2.11)	$ (1.20)	$ (4.14)	$ (2)
Diluted loss per common share (dollars per share)	$ (2.11)	$ (1.20)	$ (4.14)	$ (2)

Business Segment Information -

Business Segment Information - Schedule of Reportable Segments Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Segment Reporting Information [Line Items]
Operating revenues	$ 120,004	$ 193,596	$ 250,361	$ 455,317
Direct operating costs	(104,694)	(156,574)	(216,681)	(351,884)
Segment profits	15,310	37,022	33,680	103,433
Depreciation and amortization	54,847	60,231	110,999	121,160
Capital expenditures (excluding acquisitions)	7,795	9,943	13,762	44,081
Identifiable assets	1,078,358	1,402,074	1,078,358	1,402,074	$ 1,138,181
Operating Segments | Completion and Remedial Services
Segment Reporting Information [Line Items]
Operating revenues	36,228	69,056	75,924	181,831
Direct operating costs	(32,860)	(57,670)	(67,648)	(138,921)
Segment profits	3,368	11,386	8,276	42,910
Depreciation and amortization	18,954	21,056	38,359	42,356
Capital expenditures (excluding acquisitions)	935	2,274	1,511	16,446
Identifiable assets	324,114	477,316	324,114	477,316
Operating Segments | Fluid Services
Segment Reporting Information [Line Items]
Operating revenues	45,491	63,704	95,741	137,506
Direct operating costs	(38,619)	(48,381)	(79,786)	(102,512)
Segment profits	6,872	15,323	15,955	34,994
Depreciation and amortization	16,145	17,515	32,673	35,233
Capital expenditures (excluding acquisitions)	3,031	2,710	6,178	8,936
Identifiable assets	227,006	277,739	227,006	277,739
Operating Segments | Well Servicing
Segment Reporting Information [Line Items]
Operating revenues	36,824	56,500	75,731	120,168
Direct operating costs	(31,847)	(47,035)	(66,318)	(99,437)
Segment profits	4,977	9,465	9,413	20,731
Depreciation and amortization	13,886	15,284	28,102	30,745
Capital expenditures (excluding acquisitions)	2,303	2,892	3,454	13,243
Identifiable assets	209,498	257,778	209,498	257,778
Operating Segments | Contract Drilling
Segment Reporting Information [Line Items]
Operating revenues	1,461	4,336	2,965	15,812
Direct operating costs	(1,368)	(3,488)	(2,929)	(11,014)
Segment profits	93	848	36	4,798
Depreciation and amortization	3,201	3,512	6,479	7,064
Capital expenditures (excluding acquisitions)	0	236	113	1,110
Identifiable assets	45,976	56,230	45,976	56,230
Corporate and Other
Segment Reporting Information [Line Items]
Operating revenues	0	0	0	0
Direct operating costs	0	0	0	0
Segment profits	0	0	0	0
Depreciation and amortization	2,661	2,864	5,386	5,762
Capital expenditures (excluding acquisitions)	1,526	1,831	2,506	4,346
Identifiable assets	$ 271,764	$ 333,011	$ 271,764	$ 333,011

Business Segment Information 53

Business Segment Information - Schedule of Reconciliation of Operating Profit (Loss) from Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting [Abstract]
Segment profits	$ 15,310	$ 37,022	$ 33,680	$ 103,433
General and administrative expenses	(27,078)	(35,673)	(56,640)	(74,877)
Depreciation and amortization	(54,847)	(60,231)	(110,999)	(121,160)
Gain (Loss) on disposal of assets	(336)	57	(261)	9
Operating loss	$ (66,951)	$ (58,825)	$ (134,220)	$ (92,595)

Supplemental Schedule Of Cash54

Supplemental Schedule Of Cash Flow Information - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Income taxes paid	$ 0	$ 0
Interest paid	$ 32,560,000	$ 30,892,000

Supplemental Schedule Of Cash55

Supplemental Schedule Of Cash Flow Information - Non-cash Financing and Investing Activity (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Supplemental Cash Flow Elements [Abstract]
Capital leases issued for equipment	$ 2,201	$ 9,257
Asset retirement obligation additions (retirements)	$ (21)	$ 13

Fair Value Measurements (Detail

Fair Value Measurements (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
7.75% Senior Notes due 2019, excluding premium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	$ 475,000	$ 475,000
Interest rate	7.75%	7.75%
7.75% Senior Notes due 2022, excluding premium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	$ 300,000	$ 300,000
Interest rate	7.75%	7.75%
Fair Value, Inputs, Level 1 | 7.75% Senior Notes due 2019, excluding premium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	$ 475,000	$ 475,000
Fair Value	180,500	399,000
Fair Value, Inputs, Level 1 | 7.75% Senior Notes due 2022, excluding premium
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	300,000	300,000
Fair Value	84,006	238,500
Fair Value, Inputs, Level 3 | Term Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	165,000	0
Fair Value	$ 167,968	$ 0