Key Energy Services, Inc.

Key Energy Services, Inc. is the largest well servicing and workover company in the world, based on the number of workover rigs and available industry data. Key operates on a de-centralized basis through seven division locations in the United States: the Permian Basin (West Texas and Eastern New Mexico), the Gulf Coast, Oklahoma, Michigan/Appalachian Basin, Rocky Mountains, the Four Corners Region and California. The company also has operations in Argentina and Canada.

Key Energy Services provides for a full range of maintenance and workover services to major and independent oil and gas companies in all of our operating regions. In addition to maintenance and workover services, Key also provides services which include the completion of newly drilled wells, the recompletion of existing wells (including horizontal recompletions) and the plugging and abandonment of wells at the end of their useful lives. Other services include oil field fluid transportation, storage and disposal services, frac tank rentals, fishing and rental tools, wireline services, air drilling, hot oiling and production testing services. In addition, Key is engaged in contract drilling in several oil and gas producing regions of the continental United States and Argentina, and owns and produces oil and natural gas in the Permian Basin and Texas Panhandle.

The strength of Key Energy Services rests on three factors: the expertise and capability of its people; the quality and reliability of its equipment; and the confidence of its customers. Driven by the hard work of our employees, management, and board of directors, we have transformed Key Energy Services into the leading service provider in the industry and continuously strive to improve the overall breadth, quality, and value of services provided to our blue chip customer base.

Address: 1301 McKinney, Suite 1800
Houston, TX 77010
Contact: 713 651-4300

Recent Articles

Filing Bankruptcy, Key Energy Expects to Remain Public Company
Thursday, August 25, 2016 Key Energy is the latest in a long line of oilfield service companies to file for a reorganization of its debts and assets, extending the bankruptcy streak that's burdened oil and gas for almost two years.
Key Completes Acquisition of Edge, Summit Oilfield Services
Monday, August 08, 2011 Key Energy completed the previously announced acquisition of Edge Oilfield Services and Summit Oilfield Services.
Key Extends Eagle Ford Footprint with Acquisitions
Thursday, July 14, 2011 Key Energy has reached a definitive agreement to acquire Edge and Summit for consideration of approximately $300MM.
Key Energy Welcomes New Senior VP
Tuesday, July 13, 2010 Key Energy appointed Tommy Pipes to the new position of Senior Vice President - Industry Relations.
Key Energy Appoints Senior VPs of Industry Relations, Rig Services
Friday, July 02, 2010 Key Energy appointed Tommy Pipes to the new position of Senior Vice President Industry Relations and Jeff Skelly has joined Key as Senior Vice President Rig Services.
Key Energy Services Forms JV, Enters Middle East Market
Monday, March 08, 2010 Key Energy Services has formed a joint venture with AlMansoori Specialized Engineering of Abu Dhabi, United Arab Emirates.
Key Energy Closes 2nd Investment in Russian Oilfield Service Co
Thursday, September 03, 2009 Key Energy Services has consummated the second tranche of its investment in Russian oilfield services company OOO GeoStream Services Group effective September 1, 2009.
Key Energy Services Appoints New Senior VP, CFO
Thursday, March 26, 2009 Key Energy Services announced that T.M. "Trey" Whichard, III has been hired as Senior Vice President and Chief Financial Officer.
Key Energy Services' CFO Steps Down
Tuesday, January 27, 2009 William M. Austin, Senior Vice President and Chief Financial Officer of Key Energy Service, has decided to join the turnaround and restructuring group at Alvarez & Marsal. Marshall Dodson will step in as the principal financial officer.
Key Energy Extends Exchange Offer
Wednesday, September 24, 2008 Key Energy Services has extended the expiration date with respect to its previously announced offer to exchange $425,000,000 of its 8 3/8% Senior Notes due 2014.
Key Bags $46MM Workover Contract from Pemex
Thursday, September 04, 2008 Key Services' Mexican subsidiary was awarded a 24-month contract valued at $68 million by Pemex to provide field production solutions and well workover products and services.
Key Energy Invests $35MM in Geostream for 50% Equity Interest
Friday, August 29, 2008 Key Energy Services agreed to invest approximately $35 million in Geostream Services Group in exchange for a fifty percent (50%) equity interest in the Company.
Key Energy Names Kimberly Frye as New Senior VP & General Counsel
Wednesday, July 23, 2008 Key Energy Services announced that Kimberly R. Frye has been promoted to Senior Vice President and General Counsel. Ms. Frye joined the Company in October 2002 and has served as its Associate General Counsel.
Key Energy Stays Active in December 2007
Monday, January 14, 2008 In the 19 working days for December 2007, Key Energy Services Inc. logged 201,476 rig hours and 187,973 trucking hours.
Key Energy Services Acquires King Oil Tools
Monday, December 10, 2007 Key has acquired the well service assets of Kings Oil Tools in California, including 36 marketed well service rigs, 10 stacked well service rigs and related support equipment.
Key Energy Closes $400 Million Credit Facility
Friday, November 30, 2007 Key Energy Services, on November 29, 2007, closed a new $400 million five-year Senior Secured Revolving Credit Facility.
Key Energy Names New Directors
Monday, October 01, 2007 Key Energy's Lead director says they are excited about the significant experience that both appointees will bring and that their appointment to the Board is timely as the Company prepares for its NYSE listing next week.
Key Energy Acquires Moncla and Advanced Measurements
Thursday, September 20, 2007 Key Energy Services has entered into a definitive agreement to acquire the Moncla Companies. The Company also announced that it has acquired Advanced Measurements, Inc.
Key Energy Wins $45.8 Million Contract from Pemex
Friday, February 02, 2007 Key Energy Services has been awarded a 22-month contract valued at $45.8 million by Pemex to provide field production solutions and well workover services.
Key Energy Selects Grant Thornton as Auditor
Thursday, December 07, 2006 Key Energy Services, Inc. said late Wednesday that it has engaged Grant Thornton LLP to serve as the Company's registered independent public accounting firm for the audit of the Company's consolidated financial statements for fiscal 2004-2006.