Williston Newswire

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Results 1 - 17 of 17 for "u:reuters.com" in Williston, ND

  1. 'Frack now, pay later,' top services companies say amid oil crashRead the original story w/Photo

    Thursday Aug 6 | Reuters

    Pumpjacks taken out of production temporarily stand idle at a Hess site while new wells are fracked near Williston, North Dakota November 12, 2014. Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years.

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  2. UPDATE 1-EOG profit beats Street as cost cuts offset drop in oil pricesRead the original story

    Thursday Aug 6 | Reuters

    EOG Resources Inc reported a better-than-expected adjusted quarterly profit on Thursday as the oil producer successfully slashed well and transportation costs to offset plunging crude prices. The price drop has hamstrung nearly all of the energy industry this past year, forcing many companies to lay off staff and curb spending.

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  3. Unusual indicator shows oil boomtown exodusRead the original story w/Photo

    Wednesday Aug 5 | Reuters

    The population of Williston, North Dakota, which became an archetype of the fracking revolution, is now sliding due to plunging crude prices, with city planners tracking departures using an unusual metric: sewage flow. Press CTRL+C , CMD+C , or long-press the URL below on your mobile device to copy the code Images taken by Reuters photographers from around the world for the month of July 2015, including the Confederate flag controversy, Jerusalem Gay Pride attack, Tour de France, Ku Klux Klan, as well as other moments of everyday life.

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  4. Sewage flow becomes Williston's oil bust indicatorRead the original story w/Photo

    Thursday Aug 6 | Reuters

    The population of a U.S. oil boomtown that became a symbol of the fracking revolution is dropping fast because of the collapse in crude oil prices, according to an unusual metric: the amount of sewage produced. Williston, North Dakota, has seen its population drop about 6 percent since last summer, according to wastewater data relied upon heavily by city planning officials.

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  5. Tumbling oil prices slam profit at Exxon Mobil, ChevronRead the original story w/Photo

    Friday Jul 31 | Reuters

    Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at U.S. oil majors Exxon, which were the worst in a decade, and Chevron missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer.

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  6. WRAPUP 3-Tumbling oil prices slam profit at Exxon Mobil, ChevronRead the original story

    Friday Jul 31 | Reuters

    Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at U.S. oil majors Exxon, which were the worst in a decade, and Chevron missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer.

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  7. North Dakota oil hub defiantly boasts it is 'last great place' for growthRead the original story

    Jul 24, 2015 | Reuters

    With oil prices falling, you wouldn't think Williston, North Dakota, was "the last great place for opportunity," but that is the slogan the state's oil hub has come up with to try to shake off its economic downturn. 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.

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  8. UPDATE 1-Occidental Petroleum boosts 2015 production outlookRead the original story

    May 6, 2015 | Reuters

    Occidental Petroleum Corp boosted its 2015 production forecast on Wednesday after reporting an adjusted quarterly profit in line with expectations as cost cuts helped balance the recent drop in oil prices. Occidental raised its 2015 output forecast by 20,000 barrels of oil equivalent per day , citing "a more optimistic outlook for the remainder of the year."

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  9. UPDATE 1-TransCanada seeks U.S. permit on Upland line as Keystone waitsRead the original story

    Apr 24, 2015 | Reuters

    TransCanada Corp , whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada. The company, Canada's No.

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  10. Goldilocks zone for oil prices is gone for goodRead the original story w/Photo

    Mar 24, 2015 | Reuters

    A pickup truck bears the words "I OIL" written in dirt in Williston, North Dakota, Nov. 12, 2014. REUTERS/Andrew Cullen Five years ago I wrote an article for Reuters titled " Goldilocks and the Three Fuels ."

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  11. Whiting reported to be seeking buyer, but source says not awareRead the original story

    Mar 6, 2015 | Reuters

    The Denver-based company began seeking a buyer after tumbling crude oil prices CLc1 eroded its market value, the Journal reported earlier on Friday, citing people familiar with the matter. Three months ago, Whiting closed on its $1.55 billion buyout of Kodiak Oil & Gas to become the largest oil company in North Dakota, home to the Bakken shale formation, one of the world's largest crude reserves.

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  12. UPDATE 1-Whiting reported to be seeking buyer, but source says not awareRead the original story

    Mar 6, 2015 | Reuters

    Whiting Petroleum Corp , North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan. The Denver-based company began seeking a buyer after tumbling crude oil prices eroded its market value, the Journal reported earlier on Friday, citing people familiar with the matter.

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  13. FBI to open field office in North Dakota's oil capitalRead the original story

    Mar 5, 2015 | Reuters

    The FBI said on Thursday it will open a field office in Williston, North Dakota, capital of the state's oil patch and an area grappling with a rise in drug use and sex trafficking. At least two agents from the FBI, the national law enforcement agency, will have jurisdiction over western North Dakota's oil counties, where the population has spiked due to the development of the Bakken shale formation, one of the world's largest reserves of crude.

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  14. UPDATE 1-Gas vapor eyed as factor in West Virginia oil train fireballRead the original story

    Feb 19, 2015 | Reuters

    Federal investigators will examine whether pressurized gas played a role in the massive blast that followed the derailment of a train carrying crude oil through West Virginia this week, the U.S. Transportation Department said on Thursday. Questioning the possible role of gas vapors in the West Virginia fire broadens the debate over how to ensure public safety at a time when drastically larger volumes of crude oil are being shipped by rail and roll through cities and towns.

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  15. WRAPUP-Conoco, Occidental and Shell cut 2015 budgets on crude slideRead the original story

    Jan 29, 2015 | Reuters

    ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil companies attempt to cope with a steep slide in crude prices. The cuts follow similar steps by rival Hess Corp earlier this week while Royal Dutch Shell, Europe's largest oil company, said on Thursday it would reduce its spending the next three years by $15 billion.

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  16. UPDATE 2-Millions of gallons of saltwater leak into North Dakota creekRead the original story

    Jan 22, 2015 | Reuters

    Almost 3 million gallons of potentially toxic saltwater leaked from a western North Dakota pipeline into a creek that feeds the Missouri River, the largest spill of its kind in the state's history. The leak, from a four-inch saltwater pipeline operated by Summit Midstream Partners LP approximately 15 miles north of Williston, occurred earlier this month and was reported to state officials on Jan. 7. It's not clear what caused the leak and an investigation is underway, a Summit spokesman said.

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  17. Nearly 3 million gallons of saltwater leak into North Dakota creekRead the original story

    Jan 22, 2015 | Reuters

    Nearly 3 million gallons of saltwater and an unknown quantity of crude oil have leaked from a North Dakota pipeline into a creek that feeds the Missouri River, by far the largest spill of its kind in the state's history, officials said. The leak, from a four-inch saltwater pipeline operated by Summit Midstream Partners LP approximately 15 miles north of Williston, occurred sometime earlier this month and was reported to state officials on Jan. 7. The leak does not pose a threat to drinking water supplies, the North Dakota Department of Health said in a statement released on Wednesday.

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