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SEC Filings

KEY ENERGY SERVICES INC filed this Form 8-K on 02/12/2018
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Slide 29

Multi-Purpose Assets Benefit from Completions Activity Source: Baker Hughes North American Rig Count, Heikkinen Energy Advisors, Key Energy Services, Inc. (1) Assumes a 4:1 ratio of drilling rigs to completions-focused well service rigs. Majority of work performed by well service rigs is production-focused, though there are well completion applications Well service rigs are used for frac plug mill-out’s during the completion of a new well Deeper wells with longer laterals can require a well service rig, rather than coiled tubing, to optimally complete a mill-out