Final decree issued in SandRidge Energy bankruptcy

 

Four years after Oklahoma City’s SandRidge Energy filed Chapter 11 bankruptcy and emerged from it in 2016, a bankruptcy judge has issued the final decree in the case.

In a filing this week with the Securities and Exchange Commission, SandRidge said the judge in the case issued the final decree last week closing the Chapter 11 cases of SandRidge Energy and its direct and indirect subsidiaries.

Judge David R. Jones in the U.S. Bankruptcy Court of the Southern District of Texas issued the decree in Case No.
16-32488.
SandRidge filed for bankruptcy reorganization on May 16, 2026 citing a high debt load and low commodity prices. The company emerged from bankruptcy in October of that year after slashing its debt by $3.7 billion.

The filing listed a number of debtors in addition to SandRidge Energy. They were Braniff Restaurant Holdings, LLC; 4th Street Properties, LLC; Black Bayou Exploration, L.L.C.; DEBA Gathering, LLC; CEBA Midstream GP, LLC; CEBA Midstream, LP; Cholla Pipeline, L.P.; Cornhusker Energy, LLC; FAE Holdings 389322R, LLC; Integra Energy, L.L.C.; Lariat Services, Inc.; MidContinent Resources, LLC; Mistmada Oil Company, Inc.; Pinon Gathering Company, LLC; Sabino Exploration, LLC; Sagebrush Pipeline, LLC; SandRidge CO2, LLC; SandRidge Exploration and Production, LLC; SandRidge Holdings, Inc.; SandRidge Midstream, Inc.; SandRidge Operating Company; SandRidge Realty, LLC; Sierra Madera CO2 Pipeline, LLC; and WTO Gas Gather Company, LLC.

Since its filing four years ago, SandRidge has struggled and last summer sold its headquarters building in downtown Oklahoma City to the state of Oklahoma in a nearly $32 million deal.