@Reuters energy correspondent. Amateur triathlete. Maine native. ernest.scheyder@reuters.com; 225-819-7371

'Boomtowners' looks to the human side of North Dakota's oil fields

reuters.com — Producers of the show, which airs the third of six episodes this Sunday night, deliberately sidestepped any focus on the environmental concerns of hydraulic fracturing, the controversial technique that uses high-pressure water laced with sand and chemicals to coax oil and natural gas out of the ground.

'Boomtowners' looks to the human side of North Dakota's oil fields

reuters.com — Producers of the show, which airs the third of six episodes this Sunday night, deliberately sidestepped any focus on the environmental concerns of hydraulic fracturing, the controversial technique that uses high-pressure water laced with sand and chemicals to coax oil and natural gas out of the ground.

U.S. shale oil firms say refracking not the best path in downturn

reuters.com — Oilfield service companies, including Schlumberger NV and Baker Hughes Inc., have touted refracking as a cheap way to revive output from existing shale wells. Output from existing wells, measured in barrels per day, normally drops as much as 70 percent in the year of operation. Also, some wells were not thoroughly fracked the first time.

UPDATE 1-EOG Resources results beat Street on oil hedges

reuters.com — By Ernest Scheyder WILLISTON, N.D. May 4 (Reuters) - Oil and natural gas producer EOG Resources Inc posted a better-than-expected adjusted profit on Monday as hedges and cost cuts helped offset low oil prices. It was the continuation of a theme for U.S.

EOG Resources results beat Street on oil hedges

reuters.com — It was the continuation of a theme for U.S. shale oil producers, including Whiting Petroleum Corp (WLL.N) and Hess Corp (HES.N), who have aggressively curtailed spending and relied in varying degrees on hedges all quarter.

North Dakota still on track for oil tax break

reuters.com — The tax break, enacted in the 1980s, had the potential to be worth more than $5 billion to oil producers over a two-year period. However, sweeping tax changes signed into law late Wednesday by Governor Jack Dalrymple effectively ended that boon for the oil industry, though the new law also lowered the overall permanent tax rate.

RPT-UPDATE 2-Chevron profit beats expectations, cost cuts offset cheap oil

REFILE-North Dakota still on track for oil tax break

reuters.com — By Ernest Scheyder WILLISTON, N.D. May 1 (Reuters) - The clock kept ticking in April on a suspension of North Dakota's oil extraction tax after a state-calculated average of the month's crude price fell below $52.59 per barrel for a fourth straight month.

UPDATE 1-Chevron profit beats Street as cost cuts offset cheap oil

reuters.com — By Ernest Scheyder May 1 (Reuters) - Oil and natural gas producer Chevron Corp reported a better-than-expected quarterly profit on Friday as cost cuts and strong refining margins helped offset the impact of lower oil prices , sending shares up in early trading. The No. 2 U.S.

Chevron profit beats Street as cost cuts offset cheap oil

reuters.com — The company reported net income of $2.57 billion, or $1.37 per share, compared to $4.51 billion, or $2.36 per share, in the year-ago period. Production grew 4 percent to 2.68 million barrels of oil equivalent per day. (Reporting by Ernest Scheyder; Editing by Bernadette Baum)
More Articles →
May 06, 2015

Sadly this derailment did not occur in a Marvel film, but real life -- twitter.com/emorwee/status…

May 06, 2015

A @BNSFRailway train with 109 cars has derailed in Heimdal, North Dakota. Five oil cars are burning. No injuries reported.

May 06, 2015

In which @DowChemical CEO Andrew Liveris uses shareholder funds to go on safari & the Super Bowl: reuters.com/investigates/s… $DOW

May 06, 2015

"Boomtowners," latest show from @SmithsonianChan, chronicles human triumphs & tragedies of North Dakota's oil boom reuters.com/article/2015/0…

May 05, 2015

Left-leaning New Democratic Party projected by @CBC to win election in oil-rich Alberta, ending 44 years of Progressive Conservative rule

May 05, 2015

Contrary to popular belief, not all U.S. #oil companies like to refrack existing well. Here's why: reuters.com/article/2015/0… $EOG $APC

May 05, 2015

RT @jendlouhyhc: When accidents are narrowly averted at offshore #oil & gas facilities, Uncle Sam wants to know about it. http://t.co/v46Zc…

May 05, 2015

RT @JenniferJJacobs: First question from Iowa R to Ben Carson: Stand on Renewable Fuel Standard? "I don’t really like the idea of govt subsidies for anything."

May 05, 2015

EOG Resources CEO Bill Thomas says hasn't re-fracked any existing wells at all, believes drilling new wells way the way to go $EOG

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