Financial stress is spreading, and top industry executives in Texas are arguably at their gloomiest in years. Consolidation and bankruptcies could pick up pace in the next few months, a bankruptcy attorney told Reuters.Investors have soured on shale drillers, closing the door on fresh capital injections.
https://oilprice.com/Energy/Energy-General/Is-US-Shale-Cannibalizing-Itself.html