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

REFILE-Whiting shares tumble on plans to keep fracking despite cheap oil

reuters.com — By Ernest Scheyder WILLISTON, N.D. Feb 26 (Reuters) - North Dakota's largest oil producer, Whiting Petroleum Corp, struck a confident tone for 2015 on Thursday, saying it will hydraulically fracture all wells it drills even as peers scale back, but its bold tactic prompted a sharp drop in its share price.

North Dakota senator to push again for clean coal legislation

reuters.com — The bill, which is likely to be popular in the Republican-controlled U.S. Senate but face opposition from the White House, would offer financial incentives for utilities to develop carbon storage programs and build out the market to sell carbon dioxide for enhanced oil recovery.

UPDATE 1-Continental Resources profit beats Street on one-time gain

reuters.com — By Ernest Scheyder WILLISTON, N.D. Feb 24 (Reuters) - Oil and natural gas producer Continental Resources Inc posted a quarterly profit far above Wall Street's expectations on Tuesday, as a one-time gain from the sale of hedges lifted results and offset tumbling commodity prices.

UPDATE 1-Chevron's 2014 oil, gas reserves slip after Chad asset sale

reuters.com — By Ernest Scheyder WILLISTON, N.D. Feb 20 (Reuters) - Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field. The company had proved reserves of 11.1 billion barrels of oil equivalent on Dec.

Pending North Dakota oil rules may have limited W. Virginia disaster

uk.reuters.com — WILLISTON, N.D. Feb 19 (Reuters) - This week's oil train derailment and resulting explosion in West Virginia are likely to heighten scrutiny of new regulations pending in North Dakota, where the oil was produced, aimed at reducing the chance of such disasters.

U.S. shale leader EOG Resources confidence no match for cheap oil

business.financialpost.com — WILLISTON, N.D. - One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. EOG Resources Inc slashed its 2015 budget on Wednesday amid cheap crude prices and said its output will not grow this year, mere months after confidently saying it was strong enough to weather the downturn without cutbacks.

Fit U.S. shale leader EOG Resources no match for cheap oil

reuters.com — EOG Resources Inc slashed its 2015 budget on Wednesday amid cheap crude and said its output will not grow this year, mere months after confidently saying it was strong enough to weather the downturn without cutbacks. The move offers the clearest example to date of how the roughly 50 percent drop in oil prices since last June is roiling the U.S.

Low oil prices have yet to rattle North Dakota small businesses

reuters.com — North Dakota's oil patch has been one of the faster-growing U.S. regions. Small businesses employ three-fifths of the state's private workforce, about 195,000 people, with food service and construction among the larger employers, according to data from the U.S. Small Business Administration (SBA).

Low oil prices have yet to rattle North Dakota small businesses

reuters.com — Credit: Reuters/Ernest Scheyder Baristas Jennifer Greiner (L) and Whitney Carson prepare for Friday's grand opening at the Lantern Coffee Company in Williston, North Dakota, February 5, 2015. North Dakota's oil patch has been one of the faster-growing U.S. regions.

Clock starts ticking on $5.3 bln tax break for North Dakota oil

reuters.com — The countdown, which started this week, holds the promise of a silver lining of sorts for oil producers and their contractors in the No. 2 oil-producing U.S. state, many of whom have struggled with a roughly 50 percent drop in oil prices since last June.
More Articles →
Feb 27, 2015

RT @GZuckerman: Energy cos good at finding oil/gas. Better at selling shares/debt to investors, somehow still able. via @liamdenning blogs.wsj.com/moneybeat/2015…

Feb 27, 2015

RT @carlquintanilla: Last time oil had a winning month, it closed the month at $105.37. (via @peterschack @CNBC)

Feb 26, 2015

RT @FlitterOnFraud: Palin to President Obama: "The radical Islamists want to cut off your head." #CPAC2015

Feb 26, 2015

RT @catkngai: As Cushing fills, traders eye Houston to play the storage game reut.rs/1Fzbk9i via @reuters

Feb 26, 2015

RT @DeleverTheFirm: Suncor WTI forecasts (USD/barrel): 2015: $62.50 2016: $75.00 2017: $80.00 2018: $85.00 2019: $90.00 2020: $95.00 $SU suncor.com/pdf/Annual_Inf…

Feb 26, 2015

RT @ARKInvest: Worried about #EVs as #oil prices continue to drop? Our @ARKindu analyst says don't be. $NSANY $TLSA $GM bit.ly/1LLGlJh

Feb 26, 2015

RT @bakkenblog: Thursday: North Dakota issues 8 drilling permits; 121 active drilling rigs.

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