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• N.D. oil, gas production volumes reach fresh highs
  North Dakota oil production increased 2% from May to an all-time high of 1.42 million barrels per day...
  North Dakota oil production increased 2% from May to an all-time high of 1.42 million barrels per day in June, while natural gas output reached a record 2.88 billion cubic feet per day, according to the state's Department of Mineral Resources. However, 24% of gas production was flared during the month, marking one of the highest percentages of flaring in several years.
  
  
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• Oil deepens slide on recession fears, China's trade threats
  (Reuters) - Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured...
  (Reuters) - Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and China's threat to impose counter measures in retaliation for the latest U.S. tariffs on $300 billion of Chinese goods.
  
  In a sign of investor concern that the world's biggest economy could be heading for recession, the U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007.
  
  Brent crude fell as much as $1.81, or 3%, to $57.67 a barrel. The global benchmark ended the session down $1.25, or 2.1%, at $58.23 and West Texas Intermediate crude (WTI) settled down 76 cents, or 1.4%, to $54.47.
  
  
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• EPIC Midstream ships first crude on new Permian pipeline to Gulf Coast
  HOUSTON (Reuters) - EPIC Midstream Holdings Inc on Thursday began shipping crude oil on its 400,000 barrel...
  HOUSTON (Reuters) - EPIC Midstream Holdings Inc on Thursday began shipping crude oil on its 400,000 barrel per day (bpd) pipeline from the Permian Basin to the U.S. Gulf Coast, pushing Midland crude prices higher, traders said.
  
  Terminal operator Moda Midstream LLC confirmed it would be accepting the Permian crude from the EPIC line at its facility in Ingleside, Texas, by Friday. Oil prices in Midland, the heart of the Permian shale field, rallied to 50 cents per barrel over U.S. crude futures.
  
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• US energy bankruptcies up amid price volatility
  A total of 26 companies burdened with $10.96 billion in debt sought bankruptcy protection from creditors...
  A total of 26 companies burdened with $10.96 billion in debt sought bankruptcy protection from creditors this year through mid-August, compared with 28 energy bankruptcies in all of 2018, according to law firm Haynes & Boone. The firm attributed the increase in bankruptcy filings to unstable oil and natural gas prices.
  
  Buddy Clark, a Haynes & Boone partner, said however that he did not predict a new wave of producer bankruptcies similar to that which followed the oil price collapse mid-decade. In 2015, there were 44 oil and gas producers filing for protection with combined debts of $17.4 billion.
  
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• NGL Energy looks to grow its water footprint in Delaware Basin
  Tulsa-based NGL Energy is interested in acquiring up to two water assets in the Permian's Delaware Basin...
  Tulsa-based NGL Energy is interested in acquiring up to two water assets in the Permian's Delaware Basin that will help it expand its water business in the region. The company invested $200 million in its water solutions business earlier this year and has handled roughly 849,0000 wastewater barrels each day of the quarter preceding June.
  
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