Latest News & Activity
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EQT Sell Remaining NorthEast PA Gas Assets For $1.2 BillionOctober 29,2024
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Energy Firms Exit Russian Projects En Masse, Citing Ukraine Invasion (Updated 3/4/22)March 04,2022
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Equinor to Exit Russian JVs, Halt New Investments in CountryMarch 01,2022
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Equinor Wraps Up Sale of Bakken Assets to PE-Backed Grayson MillApril 27,2021
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Equinor Fourth Quarter, Full Year 2020 ResultsFebruary 10,2021
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Equinor Sells Bakken Assets to PE-Backed Firm for $900MMFebruary 10,2021
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New President / CEO Takes Helm of EquinorAugust 10,2020
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Equinor Issues $5.0 Billion in Debt CapitalApril 03,2020
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Equinor Cuts 2020 Capex by 20%; Halts Onshore U.S. D&C ActivityMarch 27,2020
About
Equinor is an international energy company present in more than 30 countries worldwide, including several of the world’s most important oil and gas provinces. Founded in 1972 under the name Den Norske Stats Oljeselskap AS—Statoil (the Norwegian State Oil company), we changed our name to Equinor in 2018. Our headquarters are in Stavanger, Norway, and we have over 20,000 employees.
We are the leading operator on the Norwegian continental shelf and have substantial international activities. We are engaged in exploration, development and production of oil and gas, as well as wind and solar power. We sell crude oil and are a major supplier of natural gas, with activities in processing, refining, and trading. Our activities are managed through eight business areas, staffs and support divisions, and we have operations in North and South America, Africa, Asia, Europe and Oceania, and Norway.
Location
2103 CITYWEST BLVDHOUSTON, TX 770426300 BRIDGE POINT PKWY BLDG 2 SUITE 100AUSTIN TX 787306300 BRIDGEPOINT PKWYAUSTIN TX 787302103 CITYWEST BLVD STE 800HOUSTON TX 77042ATTN KATHY HUTCHINGAUSTIN TX 787306300 BRIDGE POINT PKWY BLDG 2 STE 100AUSTIN TX 78730Latest Presentations More Presentations>>
| Basin |
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| APPALACHIAN BASIN |
| GULF COAST BASIN |
| WILLISTON BASIN |
Personnel (13 people)
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Area Land Manager
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Area Land Manager
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Business Intelligence Senior Analyst
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Business Intelligence Senior Analyst
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Area Land Manager
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Area Land Manager
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Executive VP, Land & Administration
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Executive VP, Land & Administration
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Executive VP & CFO
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Executive VP & CFO
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Chief Reservoir &Acquisition; Engineer
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Chief Reservoir &Acquisition; Engineer
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Executive VP, Exploration
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Executive VP, Exploration
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Director of Geological Projects
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Director of Geological Projects
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Director of Land
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Director of Land
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| Frist Name | Last Name | Title | Phone | |
|---|---|---|---|---|
| A Lance | Langford | llang@statoil.com | 512-427-3300 | |
| Bruce | Powers | Area Land Manager | bpowers@statoil.com | 512-427-3300 |
| Connie | Lin | Business Intelligence Senior Analyst | conli@statoil.com | 713-485-2295 |
| David | Kalish | Area Land Manager | dkalish@statoil.com | 512-427-3300 |
| David T | Brigham | Executive VP Land & Administration | dbrigham@bexp3d.com | 512-427-3300 |
| Eugene B | Shepherd Jr | Executive VP & CFO | shepherd@bexp3d.com | 512-427-3300 |
| Gregory | Cusack | Chief Reservoir &Acquisition; Engineer | gcusack@statoil.com | 512-427-3300 |
| Jeffrey E | Larson | Executive VP Exploration | jlarson@statoil.com | 512-427-3300 |
| John | Plappert | Director of Geological Projects | jplappert@statoil.com | 512-427-3300 |
| Ken | Treaccar | Director of Land | ktreccar@statoil.com | 512-427-3300 |
| Malcolm O | Brown | VP & Controller | mbrown@statoil.com | 512-427-3300 |
| Mark A | Powers | Manager of New Ventures | mpowers@statoil.com | 512-427-3300 |
| Tor | Erling Hanson | Principal Consultant | tehan@statoil.com | 713-918-2587 |
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| Announce Date | Project Name | Project Type | In-Service Date | Capacity | Details |
|---|---|---|---|---|---|
| Jan-10-2013 | | Transport_Pipeline | 2017 | 890,000 BPD | Details |
| May-15-2012 | | Gathering_System | 2012 | 17,000 BBls | Details |
| May-03-2012 | | Transport_Pipeline | 2019 | 890,000 BPD | Details |
| Feb-21-2012 | | Processing,Gathering_Pipeline | 2012 | 200 MMcfd | Details |
| Feb-06-2012 | | Transport_Pipeline | 2013 | 300 MMcfd | Details |
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| Drilling & Completion Activity | |||||
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| Company Name | Capital $MM | Area/Play | Plan To Drill/Spud | Wells Completed | On-Production /Sales |
Energy Firms Exit Russian Projects En Masse, Citing Ukraine Invasion (Updated 3/4/22)
March 04,2022
This week, several energy companies have announced that they will be abandoning projects tied with Russia in protest of the country's invasion of Ukraine.
Several other firms who have asset connections with Russia are reportedly mulling similar exits.
Russia is…
Equinor to Exit Russian JVs, Halt New Investments in Country
March 01,2022
Equinor's Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures.
Equinor Wraps Up Sale of Bakken Assets to PE-Backed Grayson Mill
April 27,2021
Equinor has finalized its $900MM sale of its Bakken assets to EnCap-backed Grayson Mill Energy.
The deal was initially announced on February 10, 2021 and it marks Equinor's exit from the play.
Equinor Fourth Quarter, Full Year 2020 Results
February 10,2021
Equinor reported its Q4 and full year 2020 results.
The company reported adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the fourth quarter of 2020. IFRS net operating income was negative USD 0.99…
New President / CEO Takes Helm of Equinor
August 10,2020
Equinor's board of directors has appointed Anders Opedal as new president and CEO of Equinor from 2 November 2020.
Eldar Sætre will retire after six years as CEO and more than 40 years in the company. Opedal will take…
Company Divestiture
| Announce Date | Buyer | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Feb-10-2021 | |
900 | Property | Bakken Shale & Three Forks | Details |
| Nov-07-2019 | |
325 | Property | Eagle Ford Shale | Details |
| Oct-30-2017 | |
1,300 | Working Interest | Brazil | Details |
| Dec-15-2016 | |
582 | Property | Canada | Details |
| May-02-2016 | |
407 | Property | Marcellus Shale | Details |
| Dec-11-2015 | |
-- | Working Interest | Eagle Ford Shale | Details |
| Dec-23-2014 | |
394 | Property | Marcellus Shale | Details |
| Aug-19-2013 | |
2,650 | Property | North Sea | Details |
| May-15-2013 | |
655 | Property | North Sea | Details |
| Apr-02-2013 | |
-- | Farm-In/Farm Out | Mozambique | Details |
| Dec-12-2012 | |
-- | Asset | Norway | Details |
| May-31-2012 | |
-- | Property | Iraq | Details |
| Dec-27-2007 | |
-- | Corporate | United States | Details |
Company Acquisitions
| Announce Date | Seller | $MM | Type | Play/Location | Details |
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| Oct-29-2024 | |
1,250 | Asset | Marcellus Shale | Details |
| Jan-31-2020 | |
355 | Working Interest | Argentina : Vaca Muerta | Details |
| May-13-2019 | |
965 | Working Interest | Gulf Of Mexico (GOM) | Details |
| Oct-01-2018 | |
-- | Working Interest | North Sea | Details |
| May-03-2016 | |
475 | Property | North Sea | Details |
| Dec-11-2015 | |
-- | Working Interest | Eagle Ford Shale | Details |
| Sep-05-2013 | |
90 | Asset | North Sea | Details |
| Jun-11-2013 | |
-- | Property | Australia | Details |
| May-16-2013 | |
-- | Farm-In/Farm Out | Australia | Details |
| Dec-27-2012 | |
-- | Property | Brazil | Details |
| Dec-19-2012 | |
590 | Property | Marcellus Shale | Details |
| Oct-22-2012 | |
1,450 | JV | North Sea | Details |
| Aug-30-2012 | |
-- | JV | Russian Federation | Details |
| Dec-20-2011 | |
14 | Property | Bakken Shale & Three Forks | Details |
| Oct-18-2011 | |
4,400 | Corporate | Bakken Shale & Three Forks | Details |
| Jun-13-2011 | |
225 | Property | Eagle Ford Shale | Details |
| Jun-14-2011 | |
-- | Property | United States | Details |
| Oct-10-2010 | |
180 | Property | Eagle Ford Shale | Details |
| Oct-10-2010 | |
1,325 | JV | Eagle Ford Shale | Details |
| Mar-26-2010 | |
-- | Property | United States | Details |
| Mar-26-2010 | |
253 | Property | Marcellus Shale | Details |
| Nov-11-2008 | |
-- | JV | United States | Details |
| Nov-11-2008 | |
253 | Property | United States | Details |
| Nov-11-2008 | |
3,300 | JV | Marcellus Shale | Details |
Statoil Expands Presence Offshore Suriname; Two New Exploration Licenses
July 17,2017
Statoil has scored two additional offshore exploration licenses in Suriname's Guyana Basin.
- Block 59: Statoil has been awarded 33.33% equity interest. ExxonMobil is the operator. Block 59 is a potential extension of the trend on which the Liza…
Statoil Partners with Valeura for Turkey Thrace Basin Exploration
May 16,2016
Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.
Statoil Drills 39 Exploration Wells in 2015; 2,046 MBOE/d in Production
February 05,2016
Statoil ASA has reported its fourth quarter 2015 results.
ExxonMobil Turns on Taps at Angola Kizomba Project
April 30,2015
Nearly $740 million has been invested in Angola for the project, including contracts for fabrication, logistics support and training and development of Angolan personnel.
Statoil to Test CO2-Assisted Stimulation in the Bakken
April 21,2015
The proposed CO2-assisted stimulation design has been further tailored for the Bakken formation to optimize the production uplift.
Atlantic Touts Discovery at Norwegian Roald Rygg Prospect
April 13,2015
The purpose of the well was to prove presence of hydrocarbons in reservoir rocks of Late Cretaceous age, with the primary target being the Nise Formation.
Statoil Makes Oily Discovery at GOM Yeti Prospect
April 09,2015
The Yeti discovery was made in Walker Ridge (WR) block 160, which is located approximately 15 km (9 miles) south of the Big Foot field.
Statoil Scores 14 Gulf of Mexico Leases in Latest Sale
March 18,2015
Statoil's winning bids are subject to review and final approval by the authorities.
Lundin Details Development Plan for Johan Sverdrup Field
February 13,2015
The Johan Sverdrup field was discovered in 2010 with the discovery of Avaldsnes, PL501, by Lundin Norway, followed by the discovery of Aldous, PL265, by Statoil in 2011.
Chevron Begins Production at Deepwater Jack/St. Malo Project
December 02,2014
The Jack and St. Malo fields are among the largest in the Gulf of Mexico.
Statoil's Monroe County Well Fire Extinguished; No Injuries Reported
June 30,2014
The fire reported on June 28 has been extinguished but follow-up work is continuing.
Statoil Completes Upper Eagle Ford Well at 2,200 BOPD
June 13,2014
In our weekly well reports, StatOil recently reported a eagle ford well that flowed 2,268 BO during its 24 hour IP test. The Lark Range Lease was approved on June 9, 2014. The well was drilled to a TMD of…
Statoil Terminates Diamond Offshore's Ocean Vanguard Contract
June 05,2014
Diamond Offshore disputes Statoil's basis for terminating the contract and intends to defend its rights under the drilling contract.
Profile: A Look At Statoil's Eagle Ford, Marcellus, Bakken Ops
May 05,2014
The Eagle Ford Shale and Bakken are the the company's biggest producer with a combined production of ...
Statoil Discovers Gas in Barents Sea
February 20,2014
Statoil has together with PL532 partners made a gas discovery in the Kramsnø prospect in the Barents Sea.
Magnum Hunter IPs Monster Utica Shale Gas Well
February 14,2014
Triad Hunter LLC, a wholly-owned subsidiary of Magnum Hunter, is the operator with a 47% working interest.
Statoil Takes Helm as Operator in Eagle Ford
July 03,2013
Statoil has reported that the company as of 1 July has assumed operatorship for all activities in the eastern part of its Eagle Ford asset in Texas.
New Data: A Close Up on 2012 Utica Completions
March 25,2013
This exclusive, in in-depth summary of last year's Utica Shale completions is now available for Shale Experts subscribers.
Magnolia Begins Drilling at HZ Bakken/Three Forks Wells
November 07,2012
Magnolia Petroleum Plc has reported that drilling has commenced at the Jake 2-11 1H and the Jake 2-11 TFH wells operated by Statoil ASA, successor to Brigham Oil & Gas, L.P., and targeting the prolific Bakken/Three Forks Sanish formations, North…