Statoil completes divestment of Marcellus assets
Published by Angharad Lock,
Digital Assistant Editor
LNG Industry,
Statoil and EQT Corp. have completed their transaction, whereby Statoil has sold its non-core operated assets in the US state of West Virginia to EQT Corp.
The transaction covers approximately 62 500 ha.
Equity production from the properties in 1Q16 was 9300 boe/d.
Statoil retains its operated properties in the US state of Ohio and its non-operated Marcellus positions.
Edited from press release by Angharad Lock
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11072016/statoil-completes-divestment-of-marcellus-assets-2755/
You might also like
‘K’ LINE starts use of bio-LNG fuel for car carrier
Kawasaki Kisen Kaisha, Ltd has announced its first use of bio-LNG fuel supplied by Shell Western LNG B.V. to the car carrier OCEANUS HIGHWAY.