Skip to main content

Statoil completes divestment of Marcellus assets

Published by
Oilfield Technology,

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

Read the article online at:

You might also like


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Oil & gas news