Oilfield Co. Nine Energy Hits Ch. 11 To Cut $320M In Debt

By Rick Archer · February 2, 2026, 11:48 AM EST

Oilfield services provider Nine Energy Services filed for Chapter 11 protection in a Texas bankruptcy court Monday with a prepackaged plan to cut $320 million of its $388 million in debt...

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Bankruptcy Scorecard

Summary

Oilfield services provider Nine Energy Services filed for Chapter 11 protection in a Texas bankruptcy court with a prepackaged plan to cut $320 million of its $388 million in debt with an equity swap.

Case Number

4:26-bk-90295

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$388 million

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Documents

Related Sections

Case Information

Case Title

Nine Energy Service, Inc., Debtor

Case Number

4:26-bk-90295

Court

Texas Southern

Nature of Suit

Date Filed

February 01, 2026

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