Statoil pays $2m for errant Bakken well

Norwegian giant Statoil has agreed to pay a $2 million civil penalty to settle allegations that it drilled a well in the Bakken tight oil play on leases it did not control.

Whoops: Statoil settles after drilling on unleased Bakken acreage
Whoops: Statoil settles after drilling on unleased Bakken acreage
Published 5 March 2015, 23:40Updated 5 March 2015, 23:40
Americas