OSLO, Feb 21 (Reuters) - Norwegian oil and gas firm

Equinor ( EQNR ) is looking to sell its onshore assets in

Argentina's Vaca Muerta region, the Mas Energia online

publication reported, citing unnamed sources.

Equinor ( EQNR ) has hired Bank of America ( BAC ) to conduct the

sale of its 30% stake in the Bandurria Sur licence and 50% in

Bajo del Toro Norte, though no decision has yet been made on a

divestment, the report said.

The Norwegian company does not plan to sell its stakes in

offshore licences in Argentina, Mas Energia added.

An Equinor ( EQNR ) spokesperson declined to comment on the report.

Vaca Muerta, Spanish for "Dead Cow", holds the world's

second-largest shale gas reserves and fourth-largest shale oil

reserves.

Bandurria Sur is producing about 70,000 barrels of oil

equivalent while Bajo del Toro Norte has yet to be developed.

Equinor's ( EQNR ) stakes in the two licences could be worth about

$1.3 billion, broker Jefferies said, citing Wood Mackenzie

estimates.

Argentina's state-owned oil company YPF, which

has right of first refusal, holds a 40% stake in Bandurria Sur

and 50% in Bajo del Toro Norte.

Shell has a 30% stake in Bandurria Sur.