Posts Tagged ‘Skrugard discovery’

Statoil tenders new rigs to target 60% oil recovery

Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average […]

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