5 Dec 2019 costs supersede most other liabilities in oil and gas bankruptcies Federal law does not let oil companies off the hook for cleanup and remediation old wells, rehabilitating drilling sites, or cleaning up contamination. 11 Feb 2016 When oil prices were comfortably in the $90-$100 range and the shale oil boom took off, companies took on tons of debt to fund expensive drilling  27 Jan 2020 Broken into exploration and production, oilfield services (OFS) and midstream companies, the data shows sharp increases in both E&P and  In early January 2020, the company approached the Alberta Energy Regulator (" AER") Accel Canada, a Calgary, Alberta-based oil and gas company, obtained protection under the CCAA on November 22. Bellatrix Exploration (TSX: BXE). Our Debtor Registry lists any person or company that owes a debt to the AER. Debtors to the AER are defined under section 103 of the Oil and Gas Conservation Act. Under this section, Benjaka Exploration Inc. $ 1,927.62, Noncompliant.

20 Nov 2019 Oil prices are dropping amid weakening demand, bankruptcies and These companies have pushed the limits of drilling technology and taken 

Yet the pain continues for some companies. once one of the top providers of oil-well drilling and completion, Oil and gas bankruptcy debt hit 4-year low in 2018. The fed survey found that oil companies in the region needed on average $66 per barrel to increase their pace of drilling. Companies downsizing and a couple bankruptcies show conditions are Weatherford plans pre-packaged Chapter 11 By Richard Rostad, analyst, Oil & Gas 360 The Q4 2018 price crash is poised to claim several victims, as Weatherford (ticker: WFT) is filing Chapter 11 and two E&P companies are likely to announce bankruptcy in the coming days. Once valued over $25 billion,

17 Oct 2019 In addition to the fact that seven more companies have been added to the list, the map of 2015-2019 E&P Bankruptcy Filings By Location found in 

24 Aug 2019 Companies are not generating enough revenue so they can't service their debts, causing distress again.”. After enduring more than five years of losses, San Antonio drilling rig operator Pioneer Energy Services has filed for Chapter 11 bankruptcy. The biggest oil and gas bankruptcy of the year--indeed, the biggest since 2016--was EP Energy, which filed for bankruptcy in October, unable to pay back some $5 billion in debt.

27 Jan 2020 Broken into exploration and production, oilfield services (OFS) and midstream companies, the data shows sharp increases in both E&P and 

27 Jan 2020 Broken into exploration and production, oilfield services (OFS) and midstream companies, the data shows sharp increases in both E&P and  In early January 2020, the company approached the Alberta Energy Regulator (" AER") Accel Canada, a Calgary, Alberta-based oil and gas company, obtained protection under the CCAA on November 22. Bellatrix Exploration (TSX: BXE). Our Debtor Registry lists any person or company that owes a debt to the AER. Debtors to the AER are defined under section 103 of the Oil and Gas Conservation Act. Under this section, Benjaka Exploration Inc. $ 1,927.62, Noncompliant.

Weatherford plans pre-packaged Chapter 11 By Richard Rostad, analyst, Oil & Gas 360 The Q4 2018 price crash is poised to claim several victims, as Weatherford (ticker: WFT) is filing Chapter 11 and two E&P companies are likely to announce bankruptcy in the coming days. Once valued over $25 billion,

Our Debtor Registry lists any person or company that owes a debt to the AER. Debtors to the AER are defined under section 103 of the Oil and Gas Conservation Act. Under this section, Benjaka Exploration Inc. $ 1,927.62, Noncompliant.

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