Statoil has been active in US shale plays since 2008. Besides its activity in the Eagle Ford, Statoil holds significant positions in the Marcellus and the Bakken plays. Production from these positions is a strong contributor to Statoil's North American growth strategy, where the ambition is to produce more than 500,000 boe/d in 2020. Statoil's global ambition is to produce 2.5 million boe/d in 2020.Statoil is an international energy company with operations in 35 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Stavanger, Norway with approx. 23,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.
Statoil Takes Over Operatorship In Eagle Ford
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