Post Tagged with: "STO"

Statoil Says its U.S. Onshore Activity is in a Holding Pattern

Statoil Says its U.S. Onshore Activity is in a Holding Pattern

Norway’s Statoil (ticker: STO) reported its second quarter results today, and executives said on the conference call that the company has no new drilling plans for its Bakken, Eagle Ford or Marcellus properties, citing volatile oil prices and weak NGL …

July 27, 2016 - 7:02 pm — Closing Bell Story‎, Exploration and Production (E&P), Oil and Gas 360 Articles
Interior Department Puts Alaska Offshore Lease Programs on Ice

Interior Department Puts Alaska Offshore Lease Programs on Ice

Arctic Offshore Leases Cancelled Through 2017; Shell, Statoil Fail to Extend Leases

The Chukchi Sea’s 29 billion barrels (U.S. Bureau of Ocean Energy Management’s estimate of BOE) will have to wait for better times.

The U.S. Department of Interior announced …

October 19, 2015 - 6:05 pm — Arctic, Offshore, Oil and Gas 360 Articles, Regulatory
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