Statoil’s flat decline curve philosophyKnown for a long-term approach to reservoir development, Norwegian oil giant methodically moves forward in the Williston Basin Mike Ellerd Petroleum News Bakken
In 2012, Statoil Oil and Gas more than doubled its Bakken production over 2011, but in 2013 the company’s Bakken output remained essentially flat with fourth quarter 2013 production of 49,900 barrels of oil equivalent per day, an increase of only 6 percent over the 47,000 boepd output in the fourth....
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Learn before you leap Stay behind technology Side-by-side frack testing Winning a race it didn’t enter
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