Oil

Houston-based Genesis Energy LP is holding an open season through Dec. 22 to test support for a 140-mile-long crude oil gathering system in Wyoming’s Powder River Basin (PRB).

Canadian drilling will increase modestly next year, with the 2018 well count set to increase to 7,900 from 7,550, the annual forecast by the Petroleum Services Association of Canada (PSAC) is predicting.

North Dakota’s oil and natural gas production climbed month/month in August, with producing wells tentatively reaching an all-time high.

Mexico’s first auction for shale and other non-conventional sources has been postponed for a second time, reliable sources have told NGI’s Shale Daily.

Permian Basin volumes hit on all cylinders during the third quarter for Diamondback Energy Inc. and subsidiary Viper Energy Partners LP, the Midland, TX-based operators said.

November natural gas is expected to open 6 cents lower Monday morning at $2.95 as weather forecasts provided little in the way of upward stimulus and traders eye the short side of the market. Overnight oil markets tumbled.

A pullback in oil-directed drilling fueled an eight-rig decline in the U.S. rig count for the week ended Friday, according to data released by Baker Hughes Inc. (BHI).

Colorado regulators have outlined plans governing oversight of oil and natural gas flowlines, updated regulations which could be ready for final adoption later this year.

The worst may not be over for the Gulf Coast oil and gas industry in what one forecaster expects to be themost costly natural disasterin U.S. history. And Hurricane Irma, a Category 2 storm as of Thursday midday, now is lurking on the same early path across the Atlantic that Harvey took.