About Key Energy Services, Inc.
Key Energy Services, Inc. is a leading onshore rig-based well servicing contractor operating in the United States. The company provides a range of specialized services to oil and natural gas producers through its diversified segments.
Business Segments
- Rig Services: Completes newly drilled wells, performs workover and recompletion of existing wells, conducts well maintenance, and handles plugging and abandonment of wells. Also offers specialty drilling services.
- Fishing and Rental Services: Recovers lost or stuck equipment in wellbores using fishing tools. Provides rental equipment including drill pipes, pressure-control devices, and frac stack equipment for hydraulic fracturing operations.
- Coiled Tubing Services: Delivers wellbore clean-outs, nitrogen jet lifts, through-tubing fishing, and formation stimulations. Also mills temporary isolation plugs and supports pre- and post-hydraulic fracturing activities.
- Fluid Management Services: Handles transportation and storage of drilling and completion fluids, along with disposal services for post-completion fluids. Operates hot oilers to clear wellbore restrictions.
Company Background
Founded in 1977 and headquartered in Houston, Texas, Key Energy Services, Inc. was originally known as Key Energy Group, Inc. before adopting its current name in December 1998.