http://oilprice.com/Latest-Energy-Ne...This-Year.html

The pace of bankruptcy filings by North American exploration and production companies has slowed down dramatically so far this year compared to last year, according to the latest Oil Patch Bankruptcy Monitor by law firm Haynes & Boone.

With data updated as of July 31, 2017, fourteen producers had filed for bankruptcy in 2017, representing some US$5.1 billion in cumulative secured and unsecured debt, Haynes & Boone has estimated.

This compares to 45 E&P companies filing for bankruptcy in the period January-May 2016 alone, according to the monitor.