Green Field Energy Services is in a late-stage chapter 11 posture with the available case context pointing to a liquidation path rather than an operating reorganization, and the only listed near-term court event, an April 7, 2026 omnibus hearing, was cancelled.
The debtors filed chapter 11 in Delaware on October 27, 2013, after entering the case with a leveraged capital structure that included approximately $255.9 million of 13% senior secured notes due 2016 and an $80 million Shell credit facility secured by specified oilfield-services equipment and vehicles, as reflected in the voluntary petitionDkt. 1 and later restructuring papers. The business was an oilfield-services platform built around hydraulic fracturing and related pressure-pumping services, including turbine-powered fracturing equipment.
The case quickly centered on a negotiated restructuring framework with the Moreno entities, Turbine Powered Technology, SWEPI, LP, and consenting noteholders, with the debtors seeking authority to perform under that restructuring support agreement at the end of 2013 through the RSA motionDkt. 299. Liquidity and collateral control remained central to the case: revised cash-collateral and adequate-protection terms were filed in February 2014 through the cash collateral blacklineDkt. 588, underscoring that secured-creditor economics were driving the runway.
By March 2014, the debtors had moved from restructuring support toward a formal liquidation structure, filing a disclosure statement for a first amended joint plan of liquidation through the . The current posture therefore reads as a mature liquidation case with remaining activity, if any, concentrated in residual claims, administration, and case wind-down rather than a live sale or operating turnaround.
