Statoil To Spend $3 Billion on 40 Wells in 2012

Statoil bought BEXP in 2011.

Link here, which mentions that acquisition.

Can someone check my math: $3 billion/40 wells --> $75 million/well?

Unless my decimal is off, a Bakken well for $7.5 million seems like a good deal in comparison.

Again, my math could be wrong.

Or, maybe their musical productions are just that expensive:

Black Gold Hunters, Yes, This Is That Statoil