ShalePumps, LLC, a Houston-based company, has filed for a bankruptcy process. The company produces a range of pumping equipment for the oil and gas industry. The Chapter 11 filing indicates the company intends to restructure its finances while continuing normal operations.
Demonstrating an industry-wide strain, the company joins a list of oilfield companies that have pursued Chapter 11 proceedings this year.
ShalePumps LLC Files for Chapter 11
The oilfield services sector has faced a wave of bankruptcy filings in recent months in Texas. ShalePumps LLC is the latest name to come up against this backdrop.
The company began Chapter 11 proceedings on June 8, 2026. Court records show that Audrey Loweth signed the bankruptcy petition on behalf of the company. Loweth is the sole holder of Class A Units in, and serves on the Board of Managers of ShalePumps, LLC…