Five companies within the exploration and production (E&P) sector in North America filed for bankruptcy in the fourth quarter of 2021. The coronavirus pandemic has notably impacted liquidity of North American upstream oil and gas companies, especially in ***. North American E&P companies were understandably hit hard by mobility restrictions and declining consumer demand. In 2020, ** such companies filed for bankruptcy. The largest number of bankruptcy filings in any quarter occurred in the second quarter of 2016, during the oil glut.
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Haynes and Boone. (January 30, 2022). Quarterly number of oil and gas exploration and production (E&P) company bankruptcy filings in North America from Q2 2015 to Q4 2021 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/
Haynes and Boone. "Quarterly number of oil and gas exploration and production (E&P) company bankruptcy filings in North America from Q2 2015 to Q4 2021." Chart. January 30, 2022. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/
Haynes and Boone. (2022). Quarterly number of oil and gas exploration and production (E&P) company bankruptcy filings in North America from Q2 2015 to Q4 2021. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/
Haynes and Boone. "Quarterly Number of Oil and Gas Exploration and Production (E&p) Company Bankruptcy Filings in North America from Q2 2015 to Q4 2021." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Jan 2022, /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/
Haynes and Boone, Quarterly number of oil and gas exploration and production (E&P) company bankruptcy filings in North America from Q2 2015 to Q4 2021 ÌÇÐÄÆƽâ°æ, /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/ (last visited August 03, 2026)
Quarterly number of oil and gas exploration and production (E&P) company bankruptcy filings in North America from Q2 2015 to Q4 2021 [Graph], Haynes and Boone, January 30, 2022. [Online]. Available: /statistics/858840/upstream-oil-company-bankruptcy-filings-in-north-america/
