Borrowing Base Redeterminations News Today

Relatively stable WTI prices in the $80s/bbl provide some breathing room as companies allocate cash for operations, and pragmatism is seeping into the energy transition movement.

A more favorable commodities market for oil and gas prices often has led to more U.S. drilling activity, but producers into 2024 may face volatility and

Banks that lend to the oil and gas sector have substantially reduced their expectations for natural gas prices over the next couple years, according to a

Borrowing Archives Natural Gas Intelligence

NGI’s Weekly Newsletter delivers the most impactful news and insights direct from the desk of the editor-in-chief.  

U.S. oil and natural gas producers should expect substantially increased lending limits this spring amid continued buoyancy in commodity prices, according

Bankruptcy filings by North American exploration and production (E&P) firms declined dramatically in 2021 versus 2020, so much so that Haynes and

Bankruptcy filings by North American exploration and production (E&P) firms declined dramatically in 2021 versus 2020, so much so that Haynes and

Led by Texas, Eight E&Ps, Five OFS Operators Sought Chapter 11 in 1Q Eight of North America’s oil and gas producers filed for bankruptcy during the first three months of this year, the highest quarterly total since 2016, according to Haynes and Boone LLC. The law firm, which has monitored North American producer Chapter 11 filings since 2015, on Thursday issued its latest report covering 1Q2021. It also issued an overview of bankruptcy activity in the oilfield services (OFS) and midstream sec...

Improved Outlook Seen for Oil, Gas Borrowing and Pricing in Latest Biannual Survey Executives expressed a more optimistic outlook on capital availability and commodity pricing for the oil and gas sector in the latest editions of two surveys conducted by Haynes and Boone LLP. Most respondents to the law firm’s spring 2021 Borrowing Base Redeterminations Survey forecast that borrowing bases will rise by 0-10% this spring versus fall 2020. By comparison, in the fall survey, most predicted a decl...