<Page> Exhibit 23.2 Independent Auditors' Consent The Board of Directors Key Energy Services, Inc.: We consent to the use of our report incorporated by reference herein and to the reference to our firm under the heading "Experts" in the proxy statement/prospectus. Our report refers to a change in the method of accounting for derivatives instruments and hedging activities in 2001. /s/ KPMG LLP KPMG LLP Dallas, Texas May 31, 2002