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Statoil Shifts it Focus from Marcellus to Bakken | Marcellus Drilling News
Norwegian company Statoil continues to change its focus away from the Marcellus Shale region and instead concentrate on “oily” shale areas of the country, like the Bakken Shale in North Dakota. Why? Natural gas prices continue to bump around at historically low prices, making it a challenge to be profitable. Statoil has cut the number