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A&D - Repsol buys out Equinor’s Eagle Ford JV stake for $325MM - November 2019
Spanish energy company Repsol is taking full ownership of its Eagle Ford JV assets, buying out Norwegian producer Equinor’s operated 63% WI in the nearly decade-old South Texas partnership for $325 million. The acquisition amounts to 69,000 net acres and 34,000 boe/d (~60% liquids), boosting Repsol’s holdings to 110,000 net acres across Karnes, DeWitt, Live Oak, McMullen, and La Salle counties with output of 54,000 boe/d, which it will own with 100% WI. It......
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