About 15% of the net revenue from these royalties comes from 237 wells in Reagan County and interests in 21 wells in Glasscock County in the Spraberry Wolfcamp.
EnergyNet has been retained to assist with the divestments.
Meagher Energy Advisors has been retained to market the sale.
EOG Resources Inc. is the operator of each unit.
Simplex Energy Solutions LLC has been retained to market the package.
Statoil has sold more than $23 billion of assets since 2010.
The transaction, with Det norske oljeselskap ASA, yielded about $2.1 billion in proceeds to Marathon, the company added.
The bids are due Nov. 20.
There are 4,600 gross (about 3,700 net) acres in Howard County, Texas.
'We will only divest the field if it maximizes value for shareholders,' CEO Andrew Mackenzie said.
The transaction is scheduled to close Nov. 7.
Express Energy Services offers oilfield services in every major hydrocarbon basin in the U.S.
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