KEG on NYSE

Key Energy Services

Logo: Key Energy Services, Non-free logo, via Wikipedia4

American oilfield services company

Key Energy Services is an American oilfield services company.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1977Founded1

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  • TickerKEG on NYSE1
  • Industrylist of oilfield service companies1
  • HeadquartersFulbright Tower1
  • Websitewww.keyenergy.com
  • Incorporated inDE5
  • Business address1301 Mckinney Street, Suite 1800, Houston, Tx 770105
  • Filer categoryNon-accelerated filer, Smaller reporting company5

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Key Energy Services is an American oilfield services company.3

The story

The company, established in 1977, provides well services and is based in Houston, Texas with other offices in Midland, Texas and regional offices in Bakersfield, California; Farmington, New Mexico; Casper, Wyoming; El Reno, Oklahoma; Fort Lupton and Grand Junction, Colorado; Lafayette and Shreveport, Louisiana; and Arnoldsburg, West Virginia. Key has over 175 service locations (known as “districts”) in the US. Globally, Key Energy Services has operations in the Middle East, Russia, Mexico, Colombia and Ecuador.

From Wikipedia’s article on Key Energy Services, shared under CC BY-SA 4.0.6

Leadership

Who has led Key Energy Services, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Richard J. Alario2006–2016
  2. Robert Wayne Drummond Jr.2016–2018
  3. Robert J. Saltiel2018–2019
  4. J. Marshall Dodson2020

Chair

  1. Richard J. Alario2006–2015

President

  1. Richard J. Alario2006–2015
  2. Robert Wayne Drummond Jr.2015–2018
  3. Robert J. Saltiel2018–2019
  4. J. Marshall Dodson2020

Chief financial officer

  1. William M. Austin2006–2008
  2. Taylor M. Whichard Iii.2009–2013
  3. J. Marshall Dodson2013–2020
  4. Nelson Haight2020

Chief operating officer

  1. Newton W. Wilson Iii.2008–2014
  2. Robert Wayne Drummond Jr.2015–2016
  3. David J. Brunnert2016–2018
19801990200020102020
Board members and other officers (58)

Products and brands

Service offerings include:

Rig Services

Rig-based well-servicing for workover or re-entries on existing wells, such as:

New well completions

Read the full text

PNA (Plug and Abandonment)

Stimulation of existing wells with declining production

Horizontal or directional drilling

SmartTongsm Rod Connection Service

Fluid Management Services

Oilfield transportation services (often referred to as “Trucking”)

Fishing Services

Process to recover lost or stuck equipment in the well bore utilizing a "fishing tool” or “jar”. The FRS operations also cut windows in well sidewall casings for horizontal re-entries.

Rental Services

Ancillary equipment such as generators, drill collars as well as proprietary tools such as the Hydra-Walkr automated pipe handling system.

Coiled Tubing Services (CTS)

Provides fracing aka Hydraulic fracturing, acidizing and cementing services.

From Wikipedia’s article on Key Energy Services, shared under CC BY-SA 4.0.6

Acquisitions

While Key Energy traces its roots to New Hope, Pennsylvania, operating under the name The Yankee Companies, the company's current name is a legacy of Yale E. Key, a West Texas oilman from Midland, Texas, who started his oilwell service business in the 1940s. After his death in the 1980s, his company, Yale E. Key, Inc., was sold to the Yankee Companies. As a result of the continued acquisition of oilwell service companies, the Yankee Companies changed its name to Key Energy in the 1990s. Key Energy has grown through over 1002 acquisitions. In 2016, the company filed for Chapter 11 bankruptcy protection. Key Energy Services, Inc. became a non-public (private) company on December 14, 2020 (Form 15, U.S. Securities and Exchange Commission).

Notable historical acquisitions of Key Energy Services, Inc. are listed below.

From Wikipedia’s article on Key Energy Services, shared under CC BY-SA 4.0.6

Former names

  • KEY ENERGY GROUP INCOct 31, 1995 to Jan 14, 19995
  • NATIONAL ENVIRONMENTAL GROUP INCFeb 14, 1994 to Feb 14, 19945

Timeline

  1. Apr 3, 2020New chief executive J. Marshall Dodson becomes CEO7
  2. Aug 21, 2018New chief executive Robert J. Saltiel becomes CEO8
  3. Dec 16, 2016Went public Listed on NYSE1
  4. Jun 23, 2016New chief executive Robert Wayne Drummond Jr. becomes CEO9
  5. Jun 27, 2006New chief executive Richard J. Alario becomes CEO10
  6. 1977Founded Founded1

Sources

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