As a service to energy industry participants, the lawyers of the Oilfield Services and Bankruptcy Practices at Haynes and Boone, LLP have been tracking and reporting industry developments in oilfield service restructurings. Our research includes details on 100 bankruptcies filed since the beginning of 2015, including secured and unsecured debt totals for each case. The total amount of aggregate debt administered in oilfield services bankruptcy cases in 2015- 2016 is more than $14 billion and the average debt of these cases exceeds $144 million. The largest reported bankruptcy cases involve total debt of approximately $2.7 billion (Vantage), $2.5 billion (Paragon Offshore), $1.7 billion (Seventy Energy), $1.3 billion (Hercules Offshore) and $1.3 billion (C&J). Haynes and Boone lawyers have been helping clients successfully navigate the volatile oil and gas and oilfield services industries for more than four decades. We have worked on a number of high profile debt restructurings and Chapter 11 cases and insolvencies, representing debtors, creditors, energy lenders and private equity investors. The slides that follow include Haynes and Boone’s most recent summary of oilfield services bankruptcy filings for 2015 and 2016, which will be updated periodically. Should you have any questions or comments regarding this information, please contact any of the lawyers listed in these materials. To view our other energy industry bankruptcy reports and surveys, including our Oil Patch Bankruptcy Monitor, please click here. To view our Oil Patch Bankruptcy Blog, click here.