Protecting O&G Security Interests — Lessons From SemCrude

Law360, New York (March 17, 2015, 10:39 AM EDT) -- After years of spectacular domestic growth in tight shale oil production, oil prices have recently plummeted and price volatility, often present in oil and gas markets, is now on full display. Almost lost in the noise about oil prices is the fact that natural gas prices too are far lower now than they were a year ago. These depressed commodity prices have led to predictable results: slashed capital expenditure budgets, reduced drilling activity, delayed well completions and layoffs....

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