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  • Equinor completes the sale of its Eagle Ford asset
    édité le 09/12/2019 - Plus de news de "Equinor" - Voir la fiche entreprise de "Equinor"


Equinor completes the sale of its Eagle Ford asset
Equinor and Repsol have completed their previously announced transaction, whereby Equinor has sold its 63% interest in, and operatorship of, its onshore business in the Eagle Ford in the US state of Texas.

The divestment covers all of Equinor’s interests in the Eagle Ford Joint Venture with Repsol, covering 69 000 net acres.

About Equinor

Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.

About Repsol

Repsol is a global energy company present throughout the whole energy value chain. The company has upstream activity in 25 countries, produces 715,000 barrels of oil equivalent per day and has one of the most efficient refining systems in Europe. Repsol also operates low-emissions electricity generation assets, including photovoltaic and offshore wind power projects, and it is pioneering development of mobility initiatives to build new solutions and provide enhanced energy sources for transportation. Repsol is present in the United States since 2006. As of December 31, 2018, the company had 559 employees working in the country, owned mineral rights to a total net surface area of 3,111 Km2 and accounted for a net production of 113,539 barrels of oil equivalent per day. Net proved reserves in the United States amounted to 419.2 million barrels of oil equivalent.


Origine : Communiqué Equinor

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