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S-4/A
KEY ENERGY SERVICES INC filed this Form S-4/A on 03/08/1996
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                         WELLTECH, INC. AND SUBSIDIARIES
                 UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
              FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1995 AND 1994

                                 (In Thousands)


                                                      1995           1994
                                                      -----          ----
REVENUES                                             $52,180        $34,974
                                                     -------        -------
OPERATING COSTS AND EXPENSES
Direct operating                                      40,867         27,897
General and administrative                             7,579          5,872
Depreciation and amortization                          2,524          2,228
                                                    --------       --------
   Total operating costs and expenses                 50,970         35,997
                                                    --------       --------
INCOME (LOSS) FROM OPERATIONS                          1,210         (1,023)
                                                    --------       --------
OTHER (INCOME) AND EXPENSE
Interest expense                                       1,414            554
Interest income                                           (4)          (121)
Equity in earnings of unconsolidated investees          (552)          (295)
Gain on disposition of assets                           (390)        (2,499)
Other (income) expense, net                              369            358
                                                    --------       --------
   Total Other (Income) and Expense                      837         (2,003)
                                                    --------       --------
INCOME BEFORE MINORITY INTEREST AND
INCOME TAXES                                             373            980
MINORITY INTEREST                                        139           --
INCOME TAX EXPENSE                                      --             --
                                                    --------       --------
NET INCOME                                          $    234       $    980
                                                    ========       ========

     See accompanying notes to unaudited consolidated financial statements.


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