Statoil Expands Activities in Gulf of Mexico

In addition to the existing Gulf of Mexico deepwater portfolio, Statoil has entered into exploration arrangements with ExxonMobil.

Statoil and ExxonMobil, together with partners, plan to drill one or more exploration wells in Alaminos Canyon.

Separately Statoil and ExxonMobil are jointly evaluating exploration acreage in Walker Ridge, on trend with the Jack and St Malo discoveries in which Statoil already holds equity interests.

These arrangements with ExxonMobil represent a further strengthening of Statoilís presence in the deepwater Gulf of Mexico. It is in line with the growth strategy for this new core area, and the location near the licences acquired from EnCana earlier this year enhances its potential value for Statoil.
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Load Planner/ Dispatcher Frac Sand
Expertise: Dispatcher|Project Management
Location: Mansfield, TX
 
United States Houston: Marketing Specialist
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
 
Project Engineer
Expertise: Electrical Engineering|Instrument & Controls Engineer|Project Management
Location: Deer Park, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours