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  <h1>Statoil and Southwestern Energy complete transaction on non-operated Marcellus asset</h1> 
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    <div class="date-module"> <span class="date_module-icon fa fa-calendar"></span> <span>February 2, 2015, 14:22 CET</span> 
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      <img alt="Bilde" src="/content/dam/archive-assets/en/news/archive/2015/02/02/images/02Feb_Marcellus_468b.jpg"> 
      <p class="artImgtext">Drilling rig in the Marcellus area. (Photo: Helge Hansen)</p> 
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     <p>The transaction covers 515,000 acres in the southern part of the Marcellus. The divested share represents approximately 30,000 acres.</p> 
     <p>Statoil’s 2014 third quarter production from the Marcellus play amounted to 130,500 barrels of oil equivalent per day, of which approximately 4,000 barrels came from the assets included in the transaction.</p> 
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Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%.