Is Statoil state owned?
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger.
Does Sweden have oil?
The Swedish oil market, although fully open to competition, is dominated by the Saudi-owned company, Preem, which owns two of the country’s five refineries, with its refining capacity capable of processing around 90% of the country’s crude oil supplies in 2018.
Does Finland have oil?
Finland has no known resources of coal, crude oil or natural gas. As a result, around 44% of Finland’s energy needs are met through imports, mostly from neighbouring Russia. Energy intensity and energy consumption per capita are both very high due to the country’s relatively large heavy industry and its cold climate.
Does Sweden produce oil?
How long has the Bakken formation produced oil?
The Bakken formation has produced oil since 1953, when the #1 Woodrow Starr was completed in North Dakota by Stanolind Oil and Gas.
Which oil and gas companies are drilling in the Bakken?
A number of publicly traded oil and gas companies have drilling rigs in the Bakken trend. These include EOG Resources Inc., Continental Resources Inc., Whiting Oil & Gas Inc., Marathon Oil Corporation, QEP Resources, Hess Corporation, and Samson Oil and Gas Ltd.
Where is Bakken oil found in the US?
Most Bakken drilling and production has been in North Dakota, although the formation also extends into Montana and the Canadian provinces of Saskatchewan and Manitoba. As of 2013, the Bakken was the source of more than ten percent of all US oil production.
What is the Bakken Formation in North Dakota?
Oil and gas. The Bakken formation has emerged in recent years as one of the most important sources of new oil production in the United States. Most Bakken drilling and production has been in North Dakota, although the formation also extends into Montana and the Canadian provinces of Saskatchewan and Manitoba.