FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

First Lawrence A.
2. Date of Event Requiring Statement (MM/DD/YYYY)
3/9/2020 

3. Issuer Name and Ticker or Trading Symbol

BASIC ENERGY SERVICES, INC. [BASX]
(Last)        (First)        (Middle)

299 PARK AVENUE, 34TH FLOOR
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          _____ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

NEW YORK, NY 10171      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:

Remarks:
Lawrence A. First is the Chief Investment Officer and Managing Director of Ascribe Capital LLC ("Ascribe Capital"). Ascribe Capital is the investment manager of Ascribe III Investments LLC ("Fund III"). Fund III holds common stock, par value $0.01 and convertible Series A Preferred Stock, par value $0.01 per share, of the issuer (collectively, the "Issuer Stock"). American Securities LLC ("American Securities") is the 100% owner of Ascribe Capital. Each of Ascribe Capital and American Securities may be deemed to share beneficial ownership of the Issuer Stock held by Fund III. This report does not include any Issuer Stock held by Fund III or that may be deemed to be beneficially owned by Ascribe Capital or American Securities. Mr. First disclaims beneficial ownership of the Issuer Stock held by Fund III, Ascribe Capital or American Securities, except to the extent of his pecuniary interests.
Power of Attorney is attached hereto as Exhibit 24.
No securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
First Lawrence A.
299 PARK AVENUE, 34TH FLOOR
NEW YORK, NY 10171
X



Signatures
/s/ David S. Schorlemer, Attorney-in-Fact3/18/2020
**Signature of Reporting PersonDate