Posted by OilVoice Press - OilVoice
Statoil now owns a 40% non-operated interest in North Platte, while Total has increased its existing 40% interest to 60% and taken over operatorship. The effective date of the transaction is 1 January 2018.
North Platte is a Paleogene oil discovery covering four blocks in the Garden Banks area of the US Gulf of Mexico. It has been fully appraised since its discovery in 2012 with three drilled wells and multiple sidetracks.
Statoil assets in the US Gulf of Mexico:
Ramping up production. First oil in January 2018
Ramping up production.
Final investment decision in 2018
Statoil in the USA
Statoil has approximately 1,000 employees in the US with main offices in Houston (TX), Austin (TX) and Stamford (CT). In addition to its offshore portfolio in the US Gulf of Mexico Statoil has extensive US onshore operations in the Eagle Ford (Texas), the Bakken (North Dakota) and the Appalachian basin (Ohio and Pennsylvania).
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