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ConocoPhillips closes sale of Barnett assets

ConocoPhillips has completed its transaction to sell its Barnett shale assets in the US to Lime Rock Resources for approximately $230mn.

Production associated with the Barnett assets for 1H2018 averaged 9,000 boe/d, of which approximately 55% was natural gas and 45% natural gas liquids (NGLs).

News Item details


Journal title: Petroleum Review

Countries: USA -

Subjects: Economics, business and commerce, Exploration and production, Unconventional oil and gas

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