@Reuters energy correspondent & amateur triathlete. Work in oil/gas? Let's talk: ernest.scheyder@reuters.com; 225-819-7371

North Dakota oil hub defiantly boasts it is 'last great place' for growth

reuters.com — Those lured by that promise will find apartment rents have begun to plunge in Williston after a 50 percent fall in the price of oil caused hundreds of layoffs and put off job seekers in search of the town's legendary six-figure pay packets.
Jul 24, 2015

North Dakota's #oil capital calls itself the "the last great place for opportunity" in a new marketing campaign reut.rs/1GLzvA5

North Dakota Native Americans hint at exiting state oil tax deal

reuters.com — If no new agreement can be reached, EOG Resources Inc , Marathon Oil Co and other oil producers on the Fort Berthold Indian Reservation may have to pay two tax rates to two governments and potentially meet two sets of regulations, a complex system that could lead them to exit from operations on tribal land.

North Dakota Native Americans hint at exiting state oil tax deal

reuters.com — If no new agreement can be reached, EOG Resources Inc, Marathon Oil Co and other oil producers on the Fort Berthold Indian Reservation may have to pay two tax rates to two governments and potentially meet two sets of regulations, a complex system that could lead them to exit from operations on tribal land.
Jul 14, 2015

The North Dakota Indian reservation controlling 1/3 state's oil output hints at exiting state tax deal reut.rs/1MsejE0

Jul 15, 2015

Native American tribe in North Dakota may exit tax deal w/state. Here's why that would be nightmare for #oil industry reuters.com/article/2015/0…

Jul 15, 2015

"It's possible that we may not figure out how to best reach an agreement" on North Dakota #oil taxes reuters.com/article/2015/0…

North Dakota oil-loading hub lays off 10 percent of staff -source

reuters.com — Savage Services Corp laid off 12 full-time employees at its 373-acre transloading and pipe logistics facility in Trenton, North Dakota, just outside Williston, the state oil capital, the source said. The company said it has roughly 118 full-time employees. Most of those laid off were of higher seniority and salary levels, the source said.
Jul 10, 2015

One of largest facilities in North Dakota that loads #oil onto railcars just laid off 10% of staff, source tells me reuters.com/article/2015/0…

UPDATE 1-North Dakota's oil output jumps in May, bucking expectations

reuters.com — By Ernest Scheyder WILLISTON, N.D., July 10 (Reuters) - North Dakota posted a 3 percent increase in daily oil production for May, state regulators said on Friday, a surprising feat that hints the state's Bakken shale formation may be more resilient to sliding crude prices than expected.
Jul 10, 2015

Full Story: North Dakota's #oil output jumps in May despite low prices reut.rs/1IPdk1P via @Reuters

Jul 10, 2015

Among telling US oil data today, production at North Dakota's newly doubted Bakken surged by 3% in May. reut.rs/1HiFCgL @MCL1965

As oil teeters at $50, a few shale producers still drilling more

reuters.com — On Wednesday, Pioneer Natural Resources Co. became the first big company to publicly confirm it was drilling more wells, saying it had already added two rigs in the Permian Basin of Texas this month and would keep on adding two a month as long as the oil price "remains constructive."

Power outage in North Dakota's capital delays drilling rig data

reuters.com — The outage means the state's daily drilling rig count - a closely watched number that can offer guidance on future oil production - is not available. The count stood at 76 on Tuesday, near where it has been for several weeks. The rig count is tabulated daily by the state's Department of Mineral Resources (DMR), North Dakota's oil regulator.
Jul 08, 2015

If you're looking for today's North Dakota oil drilling rig count, you won't find it because of a power outage: reuters.com/article/2015/0…

In bet on oil prices, WPX plans to add Bakken rigs

reuters.com — Though only the 11th-largest North Dakota oil producer, trailing Whiting Petroleum Corp and others, WPX has effectively staked out a leadership position in the state's Bakken shale formation by saying it will add rigs, slash well completion costs and target a 20 percent boost in output by 2016.
Jun 25, 2015

In a pretty bold bet on #oil prices, WPX Energy is adding more drilling rigs in North Dakota reuters.com/article/2015/0… $WPX

Jun 25, 2015

RT @ErnestScheyder: In a pretty bold bet on #oil prices, WPX Energy is adding more drilling rigs in North Dakota reuters.com/article/2015/0… $WPX

Jun 25, 2015

RT @ErnestScheyder: In a pretty bold bet on #oil prices, WPX Energy is adding more drilling rigs in North Dakota reuters.com/article/2015/0… $WPX

In bet on oil prices, WPX plans to add Bakken rigs

reuters.com — Though only the 11th-largest North Dakota oil producer, trailing Whiting Petroleum Corp and others, WPX has effectively staked out a leadership position in the state's Bakken shale formation by saying it will add rigs, slash well completion costs and target a 20 percent boost in output by 2016.

North Dakota's oil rig count appears to have hit bottom

reuters.com — For the past three weeks the count has hovered between 76 and 79, after sliding only slightly from 80 at the end of May. On June 12, the count hit 76, the lowest since 2009. The count bobbed slightly in the ensuing days, hitting 77 on Tuesday.
Jun 24, 2015

77 drilling rigs in North Dakota on Wednesday (same as yday) -- the count appears to have hit a bottom reuters.com/article/2015/0… #oil

More Articles →
Jul 28, 2015

In my inbox: "Oil Could Rebound to $82 p/Barrel in 2.5 Years" -- in other news, I know tomorrow's winning lottery numbers, if of interest

Jul 28, 2015

Norway's @statoilasa, one of the largest #oil producers in North Dakota, just cut its global budget for the year reuters.com/article/2015/0…

Jul 27, 2015

@JonathanFahey Refining network consciously marooned from rest of nation will do that to prices --

Jul 27, 2015

RT @catkngai: The WTI front spread trading a little stronger this morning (like Friday after settlement) but it's still 55% or 16c wider than a week ago

Jul 26, 2015

RT @SenatorHeitkamp: Senate voted overwhelmingly 2 move forward my bill to reauthorize #ExIm w/ 67 bipartisan votes. Impt & needed step. Wi…

Jul 26, 2015

General Electric aims big in energy storage after battery step back -- great read from @LKrauskopf $GE reuters.com/article/idUSKC…

Jul 26, 2015

Another month, another record #oil output from Iraq. (The irony by now is far from lost on U.S. shale producers) reuters.com/article/idUSKC…

Jul 25, 2015

"There will be a lot of healthy discussion about how we approach the election." -- great @Luciana_F_Lopez scoop twitter.com/reutersus/stat…

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