Oil Crash Continues To Claim Bankruptcy Victims In U.S. Shale Patch

OilPrice.com | Nov 18, 2020 at 6:30 PM

After a wave of bankruptcies in the third quarter, oil producers and oilfield services companies in the U.S. shale patch continued to file for protection from creditors at the start of the fourth quarter, law firm Haynes and Boone said in its latest tally, warning that the ongoing borrowing base redetermination season could result in more filings.