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Oilfield Service Companies Cut Jobs, Brace for Bankruptcies
2020-04-07 23:30:00| OGI
Eight oilfield service providers, with a total of $10.9 billion in debt, have filed for bankruptcy this year, including three since prices fell to $20 a barrel in early March.
Tags: service
jobs
companies
cut
Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say
2020-03-10 16:26:13| OGI
A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.
Tags: say
expect
experts
surge
Report: US, Canadian Oil Bankruptcies Surge 50% In 2019
2020-01-27 11:10:00| OGI
The increase in oil and gas bankruptcies seems likely to continue, said Buddy Clark, partner at Haynes and Boone.
Tags: report
oil
canadian
surge