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Crude Oil Commercial Bankruptcy Oil & Gas

Newburn Law

The Death of the Acreage Dedication?

Newburn Law on

Acreage dedications in midstream oil and gas contracts have been subject to considerable scrutiny and legal debate in recent years. This article provides an overview of the current state of acreage dedications, examining key...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: April 2020 #3

U.S. Banks Prepare to Seize Energy Assets as Shale Boom Goes Bust - "Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans...more

McGuireWoods LLP

R&I Update: Hot Topics in Oil and Gas Restructurings, Volume 1

McGuireWoods LLP on

In 2015, the energy sector accounted for more than one-half of all public company bankruptcy filings, including eight of the 10 largest filings. Current oil prices and bond values indicate that 2016 will be another active...more

K&L Gates LLP

How Will Exploration and Production Companies Weather the Storm of 2016?

K&L Gates LLP on

On December 31, 2014, when the price of West Texas Intermediate crude oil dropped 50% from summer prices that year to just under $55.00 per barrel, experts predicted there would be a flurry of industry restructurings; but no...more

Buchalter

Protecting Rights and Finding Opportunity in Oil and Gas Industry Bankruptcies

Buchalter on

2015 was a rough year for the oil and gas industry. The primary source of the trouble was (and continues to be) the dramatic fall in crude oil prices. In 2014, the price of U.S. crude oil averaged approximately $91 per...more

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