- Tight Gas & Oil
- Gas Hydrates
The news comes on the heels of an anemic first quarter in which permits applications dropped 32% and gas play applications fell by 35%.
Oil production in May rose by 32,000 bbl/d over the previous month to 1.2 MMbbl/d, which rivals the state’s all-time high reached in December 2014.
Long recognized for its willingness to embrace new and innovative approaches to solve the big challenges facing the industry, Statoil is set to use CO2 and proppant in a first of its kind test well in the Bakken Shale.