The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high, according to Rystad Energy. The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high. That’s what Rystad Energy said in a statement sent to Rigzone on Thursday, adding that this debt is set to grow even further this year “as the wave of Chapter 11 filings continues”. Rystad Energy outlined that the combined count of Chapter 11 filings from exploration and production (E&P) firms and oilfield service (OFS) companies this year in North America has so far reached 84, which it highlighted is lower than the historical high of 142 in 2016. The company added, however, that the associated debt these companies are carrying is “much higher”, at $89 billion so far, which is said to be $19 billion more than in 2016. […]