Texas Oil & Gas Bankruptcies filed in Texas 2016

Written by John McFarland of the Oil and Gas Lawyer Blog.

Here is a list of bankruptcy cases filed in Texas federal bankruptcy courts this year, from the Houston Business Journal, compiled by Haynes & Boone:

Energy bankruptcies filed in Texas courts in 2016 by month

 

Company (Texas court filed); debt

January

 

Aurora Operating LLC (Southern); $2.35 million

MOG Producing LP (Southern); $4.29 million

Antero Energy Partners LLC (Northern); $25.45 million

February

 

Emkey Resources LLC (Northern); $22.35 million

Ginger Oil Co. (Southern); $6.47 million

Argent Energy U.S. Holdings Inc. (Southern); $51.9 million

Primrose La Sara LLC (Southern); $4.3 million

DRM Sales & Supply LLC (Western); $19.18 million

March

 

GreenHunter Resources Inc. (Northern); $23.7 million

Universal Well Service Holdings Inc. (Northern); $25.15 million

Wellhead Distributors International (Southern); $31.7 million

RMR Operating LLC (Northern); $3.5 million

ESP Petrochemicals Inc. (Southern); $7.4 million

Wellflex Energy Solutions LLC (Northern); $3.9 million

DJ Oilfield Sevices LLC (Northern); $3.01 million

East African Drilling Ltd. (Southern); $45.35 million

Crossfire Manufacturing LLC (Northern); $653,600

7711 Operating Company LLC (Northern); $532,500

April

 

ATK Oilfield Transportation Inc. (Western); $34.9 million

Sanjel Inc. (Western); $1.1 billion

Bluff Creek Production LLC (Western); $7.09 million

Hydrocarb Energy Corp. (Southern); $12.5 million

Aztec Oil & Gas Inc. (Southern); $1.5 million

Energy XXI Ltd. (Southern); $2.75 billion

DiamoNorthern District Tank Rental Inc. (Northern); $8.92 million

Goodrich Petroleum Corp. (Southern); $444.2 million

FPUSA LLC (Eastern); $2.3 million

Paladin Energy Corp. (Northern); $23.48 million

Trinity River Resources LP (Western); $133.8 million

West Texas Poly Pump LLC (Western); $3.7 million

Ultra Petroleum Corp. (Southern); $3.9 billion

Midstates Petroleum Company Inc. (Southern); $2.045 billion

May

 

Linn Energy LLC (Southern); $5.962 billion

Berry Petroleum Company LLC (Southern); $1.733 billion

J P S Completion Fluids Inc. (Western); $4.49 million

SandRidge Energy Inc. (Southern); $4.19 billion

Hawk Oilfield Service Inc. (Southern); $1.2 million

Tall City Well Service LP (Western); $14.4 million

Ricochet Energy Inc. (Western); $11.35 million

Armada Water Assets Inc./Wes-Tex Vacuum Service Inc. (Southern); $24.9 million

Mark A. Martinez LLC (Southern); $0

Linc USA GP (Southern); $414.35 million

June

 

Warren Resources Inc. (Southern); $486.3 million

Note: Includes Chapter 7, Chapter 11, Chapter 15 a

bankruptcies