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Updated : Oil & Gas Bankruptcy Tracker

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Update :April 14, 2016 : Energy XXI Files Chapter 11 Bankruptcy : $3,600 Million
April 15, 2016 : Goodrich Petroleum Files Chapter 11 Bankruptcy : $615 Million
April 19, 2016 : Seventy Seven Energy Files Chapter 11 Bankruptcy : $650 million
April 27, 2016 : Pacific Exploration Files Chapter 11 Bankruptcy : $5,710 million
April 29, 2016 : Midstates Petroleum Files Chapter 11 Bankruptcy :$1,920 Million
May 02, 2016 : Ultra Petroleum Files Chapter 11 Bankruptcy : $3,300 million
May 11, 2016 : Linn Energy Files Chapter 11 Bankruptcy :
May 12, 2016 : Penn Virginia Files Chapter 11 Bankruptcy :
May 13, 2016 : Chaparral Energy Files Chapter 11 Bankruptcy :
May 16, 2016 : Sandrige Energy Files Chapter 11…
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More Bankruptcy / Restructure Update News

ION Geophysical Files for Bankruptcy
ION Geophysical Corp. has filed for bankruptcy. ION and certain affiliates announced that, after evaluating a variety of strategic alternatives, it has filed for voluntary Chapter 11 relief…

Vista Proppants Emerges from Bankruptcy; Rebrands as V SandCo LLC
V SandCo LLC, formerly Vista Proppants and Logistics LLC and dba Vista Sand, has emerged from bankruptcy and rebranded under a new name. Steve Herron was named Executive…

Gulfport Energy Emerges from Bankruptcy
Gulfport Energy Corp. has successfully completed its restructuring process and emerged from bankruptcy. Gulfport has exited bankruptcy with a new Board of Directors; a strengthened balance sheet, with…

HighPoint Resources' Bankruptcy Plan Approved by the Courts
HighPoint Resources Corp.'s bankruptcy plan has been confirmed by the courts. Additionally, the plan implements the merger and restructuring transactions related to HighPoint's merger with Bonanza Creek Energy.…

HighPoint Files Chapter 11 Ahead of Merger with Bonanza Creek
HighPoint Resources Corp. has filed for bankruptcy following a special meeting of shareholders. The company is also in the midst of a pending merger deal with Bonanza Creek…
Gulf Coast - South Texas News

An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…

Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
United States News

Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading…

Baytex Sells Eagle Ford to Re-Weight the Portfolio to Canada
Baytex Energy has announced a major portfolio shift: the Company is divesting its entire U.S. Eagle Ford position for US$2.305 billion in cash to an undisclosed buyer. The…

New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…

2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…

Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…