Marathon Oil Corp - Company Profile
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Product Categories
Performance
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Performance
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Performance
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Performance
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Geographical Segments
Overview
Operations span across Equatorial Guinea (EG) and the UK. In EG, it holds 63% operated working interest (WI) in the Alba field as well as 80% operated WI in Block D, both are offshore; 52% interest in Alba Plant LLC, which operates an onshore LPG processing plant; 56% of EGHoldings, which operates a 3.7 mmta LNG production facility; and 45% of AMPCO, which operates a methanol plant, both are situated on Bioko Island in EG. In FY2023, the segment incurred a capital expenditure of US$7 million, which grew 250% YoY.
Performance
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Overview
Focuses on oil-rich unconventional resource plays, Eagle Ford in Texas, Northern Delaware in New Mexico, STACK and SCOOP in Oklahoma, and the Bakken in North Dakota. Operates in the South Texas Eagle Ford play with around two-thirds of acreage spread across Karnes and Atascosa Counties. In Bakken majority of the acreage is in core prospects within Mountrail, McKenzie, and Dunn Counties in North Dakota. In Oklahoma, it has net acreage with rights to the Springer, Woodford, Meramec and Osage plays in the SCOOP and STACK. Outside operated assets in the Gulf of Mexico, includes Louisiana Austin Chalk play. In FY2023, the segment incurred a capital expenditure of US$2,010 million, which grew 37.4% YoY.
Performance
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