Repsol Considers Selling Minority Stake in Eagle Ford Assets

Spanish energy major Repsol could be the next company involved in the mergers and acquisitions wave in the U.S. shale patch as it considers selling up to a 49% interest in its assets in the Eagle Ford play in South Texas, Reuters reported on Friday, citing anonymous sources with knowledge of the talks. Repsol, which has acquired Eagle Ford assets from Equinor and Inpex in recent years, operates wells that produce around 50,000 barrels of oil equivalent a day (boed) in the shale play. Now the company is looking to divest a minority…