Warrior Technologies, LLC filed for chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on May 21, 2026, opening Case No. 26-33562 before Judge Alfredo R. Perez. The Midland, Texas-based oilfield-services contractor sought complex case treatment the same day and opened the case with a request for roughly $23.7 million in debtor-in-possession financing to fund continued operations while it works toward a plan that refinances its prepetition debt.
Six weeks into the case, the contested DIP financing motion has been resolved: the court entered a final financing order on June 23 over objections from five secured equipment lenders and taxing authorities, an official committee of unsecured creditors is in place, and the debtor has filed its schedules and statement of financial affairs. No sale process or plan has yet been filed. The figures below are drawn from the company's first-day declaration, the voluntary petition, subsequent court filings, and trade reporting.
U.S. Bankruptcy Court, Southern District of Texas (Houston Division)
Case Number
26-33562
Petition Date
May 21, 2026
Judge
Hon. Alfredo R. Perez
Estimated Assets
$10 million – $50 million
Estimated Liabilities
$50 million – $100 million
DIP Facility
$18M revolver (CFI) + $5.7M term (CCG); Final Order entered June 23, 2026
Case Snapshot
Permian Basin Acquisitions and Filing Trigger
Warrior Technologies was founded in 2018 in Midland, Texas as an environmental and industrial services contractor, providing industrial cleaning, hydro excavation, hot oil services, oilfield trucking, and surface and soil remediation across the Permian and Delaware Basins. Its customer base includes Chevron, ExxonMobil, and Diamondback Energy among the largest energy and infrastructure companies operating in the continental United States, according to the company's first-day declaration. The debtor's principal assets are the trucks and other machinery it uses to perform field services, intellectual property covering in-house-developed cleaning tools and above-ground tank-cleaning processes, and accounts receivable, with operations run out of multiple yard locations across the Permian and Delaware Basins.
The debtor attributes the filing to a combination of rising costs and falling revenue rather than any single acquisition. In the first-day declaration, Wommack cited a significant rise over the past year in insurance and fuel costs — two of the company's main expenses — compounded by an unusually severe year-end slowdown after several major customers gave employees longer holiday breaks in November and December, a week-long shutdown after a January ice storm just as activity was recovering, and slow customer payments that caused a large share of receivables to fall out of the company's borrowing-base collateral and trigger over-advance fees. The debtor's stated chapter 11 strategy is to stabilize operations — reviewing each yard location's performance, assessing its equipment portfolio for reduction, and streamlining collections — while pursuing a plan of reorganization that restructures the prepetition loan and any DIP financing rather than a sale of the business.
$38 Million Secured Debt and the CFI Credit Agreement
Warrior Technologies entered chapter 11 carrying approximately $38 million in total secured debt. Roughly $14.2 million of that is a senior secured revolver held by Commercial Funding, Inc. under a September 26, 2024 Loan and Security Agreement, secured by substantially all of the debtor's assets other than those securing permitted purchase-money loans. The remaining roughly $23 million is secured equipment financing spread across more than 25 separate lenders.
On the unsecured side, the debtor listed approximately $4.5 million owed to vendors and trade creditors, plus approximately $6 million in related-party loans that insiders advanced to cover operating expenses once borrowing-base availability tightened. Trade reporting placed estimated assets between $10 million and $50 million against estimated liabilities between $50 million and $100 million; the voluntary petition itself left the asset, liability, and creditor-count checkboxes unmarked. Herman Hubert "Tripp" Wommack, III, the company's chief executive officer, is designated as the authorized representative in the filing, and the 20 largest unsecured creditors list includes Global World Technologies LLC, Tommy White Supply, KC Light Towers LLC, and Forrest Brothers Tire and Alignment — two of which now sit on the official creditors' committee. The debtor filed its schedules of assets and liabilities and statement of financial affairs on June 26, after three extensions of the filing deadline.
DIP Priming Fight and the June 23 Final Order
Warrior Technologies opened the case seeking approximately $23.7 million in debtor-in-possession financing: up to $18 million on a revolving basis from Commercial Funding, Inc. (CFI), inclusive of roughly $3.9 million in new post-petition money with the balance rolling up the prepetition revolver, priced at WSJ Prime plus 0.625% with a 9.13% floor, plus up to $5.7 million in new-money term financing from Commercial Credit Group, Inc. (CCG) at 10% per annum, secured by a priming first-priority lien on substantially all assets subject only to a carve-out for statutory fees and approved professional fees. The carve-out capped the committee's investigation budget at $20,000, with no more than $10,000 available to investigate the lenders' liens, and adequate protection ran to CFI and CCG as monthly payments equal to the greater of accruing interest or a depreciation-based measure on CCG's equipment collateral.
At the May 22 first-day hearing, the court granted interim approval of most of the request, authorizing interim borrowing at 14% per annum and limiting CCG's interim term draw to $3 million pending final approval. The priming structure drew objections from five parties: Texas taxing authorities, Daimler Truck Financial Services, AmeriCredit/GM Financial, Auxilior Capital Partners, and Siemens, all of which hold liens on equipment that would be primed by the DIP facility. Two equipment creditors separately filed motions for relief from the automatic stay. The Final DIP Financing Order — entered June 23, after a continued hearing spanning June 16 through June 22 — approved the full $18 million revolver and $5.7 million term facility, with approximately $3.88 million of new post-petition money inside the revolver, and recited that the equipment-lessor and taxing-authority objections were resolved or otherwise treated under its terms.
Committee Formation and Case Professionals
The U.S. Trustee, Kevin M. Epstein, appointed an official committee of unsecured creditors on June 11, composed of three members: TWS Energy & Specialty Distribution d/b/a Tommy White Supply of Midland (represented by Deron Proctor), HRC, Inc. of Hobbs, New Mexico (Gary M. Schubert), and KC Light Towers, LLC of Artesia, New Mexico (Mike Callaway) — all three also named among the debtor's 20 largest unsecured creditors.
Loeb & Loeb LLP's Bernard R. Given, II represents the debtor as bankruptcy counsel. HMP Advisory Holdings, LLC d/b/a Harney Partners, led by Managing Directors Mac Rowland and Lou Natale along with Jim Harney, serves as financial advisor, handling 13-week cash-flow modeling, recovery and liquidation analyses, monthly operating report support, and claims reconciliation. Harney Partners' retention application discloses a $50,000 evergreen retainer and hourly rates ranging from $180 for support staff to $900 for senior officers, with Rowland and Natale billing at $600 per hour and Harney at $800 per hour. Omni Agent Solutions serves as claims and noticing agent, retained by court order on the petition date.
Key Timeline
Date
Event
May 21, 2026
Voluntary chapter 11 petition, complex case designation, and first-day declaration filed (Case No. 26-33562)
May 22, 2026
First-day hearing; interim DIP order entered
June 11, 2026
Official committee of unsecured creditors appointed
June 16–22, 2026
Continued final DIP hearing; objections from equipment lenders and taxing authorities
June 23, 2026
Final DIP Financing Order entered
June 26, 2026
Schedules of assets/liabilities and statement of financial affairs filed
July 1, 2026
Section 341 meeting of creditors held
Key Timeline
Frequently Asked Questions
What does Warrior Technologies do?
Warrior Technologies, LLC is a Midland, Texas-based environmental and industrial services contractor founded in 2018 that provides industrial cleaning, hydro excavation, hot oil services, oilfield trucking, and surface and soil remediation across the Permian and Delaware Basins, serving customers including Chevron, ExxonMobil, and Diamondback Energy.
Where did Warrior Technologies file for bankruptcy?
Warrior Technologies, LLC filed its chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Texas on May 21, 2026, before Judge Alfredo R. Perez.
How much debtor-in-possession financing did Warrior Technologies obtain?
The company sought approximately $23.7 million in DIP financing, structured as an $18 million revolver from Commercial Funding, Inc. and a $5.7 million term loan from Commercial Credit Group, Inc. After objections from five equipment lenders and taxing authorities, the court entered a Final DIP Financing Order approving the full facility on June 23, 2026.
Who sits on the official committee of unsecured creditors?
The committee, appointed June 11, 2026 by U.S. Trustee Kevin M. Epstein, has three members: Tommy White Supply, HRC, Inc., and KC Light Towers, LLC.
added 84 employees and 607 equipment units https://pboilandgasmagazine.com/midlands-warrior-technologies-acquires-field-services-unit-from-diamondback/
added the former Endeavor construction group's assets https://www.allsides.com/news/2025-06-14-1100/general-news-warrior-technologies-expands-endeavor-construction-asset
Senior Vice President of Business Development Jeremy Jackson https://www.prnewswire.com/news-releases/warrior-technologies-continues-expansion-adds-to-management-team-301612509.html
doubled in size in the last three months of 2024 https://www.mrt.com/business/oil/article/warrior-technologies-diamondback-acquisition-20040633.php
estimated liabilities between $50 million and $100 million https://whatnow.com/news/trending/major-oilfield-services-contractor-files-for-chapter-11-bankruptcy/
granted interim approval of most of the request https://www.law360.com/bankruptcy-authority/articles/2481122/judge-oks-most-of-warrior-technologies-ch-11-dip-request
claims and noticing agent https://cases.omniagentsolutions.com/?clientId=3789
This article was researched and written with AI assistance, using court filings, public records, and news sources. AI-generated content can contain errors. Verify all information against primary sources before relying on it. This is not legal or financial advice. See the disclaimer.