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Home»Tag: Marcellus

Tag Archives : Marcellus

Statoil completes sale of Marcellus acreage
Business

Statoil completes sale of Marcellus acreage

Saheli 18 Sep 2016 301 Views

– Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia. Statoil said it closed Friday on the $96 million sale of 11,500 acres in the Marcellus shale natural gas basin in West Virginia ... Read More »

Norway’s Statoil sheds Marcellus shale acreage
Business

Norway’s Statoil sheds Marcellus shale acreage

Saheli 01 Aug 2016 274 Views

For $96 million, and following a weak earnings report, Norwegian energy company Statoil said it was getting rid of some of its gas assets in the United States. The Norwegian company holds about 350,000 net acres of the Marcellus shale natural gas basin, but decided to sell off about 11,500 ... Read More »

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