Fieldwood Energy LLC, along with its 13 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on August 3, 2020. The debtor listed its assets of $1.92 billion and liabilities of $1.96 billion. The debtor is represented by Alfredo R Perez and Matthew S. Barr of Weil, Gotshal & Manges LLP as its legal counsel. The debtor also hired AlixPartners, LLP and Houlihan Lokey, Inc. as its financial advisors. Prime Clerk LLC is appointed as claims and noticing agent.