E&P Borrowing Capacity Looking Solid; Bankruptcy Filings Falling Sharply

摘要

The outlook is bright for the U.S. oil and gas producers, based on a survey about borrowing base redeterminations by Haynes and Boone LLP. A survey of exploration and production (E&P) operators, oilfield services companies, energy lenders, private equity firms and other industry participants compiles predictions about the future borrowing capacity of E&Ps. Results from the fall and spring surveys have been compiled by Haynes and Boone since April 2015; the latest was done earlier in September.