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Haynes and Boone Releases Fall 2018 Energy Roundup

Haynes and Boone, LLP has released its?áFall 2018 Energy Roundup, a comprehensive report on the industry that reflects an improved outlook for oil and gas producers. The Energy Roundup includes the firm?ÇÖs latest ?Ç£Borrowing Base Redeterminations Survey,?Ç¥ which captures September polling of oil and gas producers, oilfield services companies, energy lenders, private equity firms, and other industry participants to get their predictions about producers?ÇÖ future borrowing capacity or ?Ç£borrowing bases.?Ç¥ Producers?ÇÖ loans are assessed by their lenders twice a year to determine how much credit will be available based upon the collateral value of the producers?ÇÖ property, referred to as their ?Ç£borrowing bases.?Ç¥ The borrowing bases turn on banks?ÇÖ projections about future prices for the producers?ÇÖ oil and gas reserves. The survey, which the firm has conducted twice a year since April 2015, offers a clear, forward-looking view about the projected financial state of the domestic energy market. The latest… Continue Reading

UPDATED: Energy Bankruptcy Reports and Surveys

Haynes and Boone Energy Roundup,?áa comprehensive report on the industry that reflects an improved outlook for oil and gas producers – most recent update: September 26, 2018.   Borrowing Base Redeterminations Survey, a forward looking survey that reveals what lenders, borrowers and others in the industry expect regarding the borrowing base redeterminations in light of oil price uncertainty – most recent update: September 26, 2018.   Oil Patch Bankruptcy Monitor, which includes details on oil and gas producers that have filed for bankruptcy since the beginning of 2015 – most recent update: August 31, 2018.   Oilfield Services Bankruptcy Tracker, which includes details on oilfield services companies that have filed for bankruptcy since the beginning of 2015?á – most recent update: August 31, 2018.   Midstream Report, which includes details on the midstream companies that have filed for bankruptcy since 2015 – most recent update: August 31, 2018.

UPDATED: Energy Bankruptcy Reports and Surveys

Borrowing Base Redeterminations Survey:?áIncludes details on what lenders, borrowers and others in the energy industry expect regarding the borrowing base redeterminations in light of oil price uncertainty ?Çô most recent update April 10, 2018. Oil Patch Bankruptcy Monitor: Includes details on oil and gas producers that have filed for bankruptcy since the beginning of 2015 ?Çô most recent update March 31, 2018. Oilfield Services Bankruptcy Tracker: Includes details on oilfield services companies that have filed for bankruptcy since the beginning of 2015 ?Çô most recent update March 31 2018. Midstream Report: Includes details on the midstream companies that have filed for bankruptcy since 2015 ?Çô most recent update:?áMarch 31, 2018.

UPDATED: Energy Bankruptcy Reports and Surveys

Oil Patch Bankruptcy Monitor: Includes details on oil and gas producers that have filed for bankruptcy since the beginning of 2015 – most recent update October 31, 2017. Oilfield Services Bankruptcy Tracker: Includes details on oilfield services companies that have filed for bankruptcy since the beginning of 2015 – most recent update October 31 2017. Midstream Report: Includes details on the midstream companies that have filed for bankruptcy since 2015 – most recent update: October 31, 2017.

Haynes and Boone Oilfield Services Bankruptcy Tracker – Updated September 30, 2016

As a service to energy industry participants, the lawyers of the Oilfield Services and Bankruptcy Practices at Haynes and Boone, LLP have been tracking and reporting industry developments in oilfield service restructurings. Our research includes details on 100 bankruptcies filed since the beginning of 2015, including secured and unsecured debt totals for each case.?áThe total amount of aggregate debt administered in oilfield services bankruptcy cases in 2015- 2016 is more than $14 billion and the average debt of these cases exceeds $144 million. The largest reported bankruptcy cases involve total debt of approximately $2.7 billion (Vantage), $2.5 billion (Paragon Offshore), $1.7 billion (Seventy Energy), $1.3 billion (Hercules Offshore) and $1.3 billion (C&J). The latest Oilfield Services Bankruptcy Tracker Report is available here. Full link: http://www.haynesboone.com/~/media/files/attorney%20publications/2016/ofstracker.ashx

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