A group of Marathon Oil employees talking

Operational Excellence

StrategyU.S. Resource Play Focused

Since 2011, Marathon Oil has strengthened our position as an independent E&P with a substantial shift in focus
to the lower cost, higher margin opportunities in the U.S. resource plays.

 

Marathon Oil's United States resource plays highlighted on a map

Bakken

270,000 net surface acres

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Permian

91,000 net surface acres

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Stack/Scoop

STACK: 203,000 net surface acres
SCOOP: 137,000 net surface acres

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Eagle Ford

145,000 net surface acres

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Our 2017 entry into the Northern Delaware in the Permian basin and exit from Canadian oil sands operations have further simplified and concentrated our portfolio. We now enjoy a differentiated position as the only E&P active in the four best oil-rich U.S. resource basins.

Though many elements of our business are changing, one thing remains firm: our values. We remain steadfast in our commitment to be safe, responsible and ethical.

227,000BOED

U.S. resource play average net production in 3Q 2017

57%

Crude oil/condensate

25-30%

Projected resource play production growth from
4Q 2016 to 4Q 2017 exit

Video
we earn our license
to operate

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digital oil field
Eagle Ford

Our digital oil field facility and automation tools boost production and reliability, and help lower emissions, spills and safety risk as the asset grows.

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Marathon Oil hydraulic fracturing facility

Using Best PracticesHydraulic Fracturing

In combination with advanced horizontal drilling technology, fracking makes it possible to develop oil and gas resources that were previously inaccessible.

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SpeechDUG Midcontinent conference

EVP Mitch Little was an invited keynote speaker at the 2017 DUG Midcontinent Conference in Oklahoma City. Read his remarks about Marathon Oil's activity in the STACK.

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A return to new mexico
Northern delaware

CEO Lee Tillman was an invited keynote at the 2017 New Mexico Oil & Gas Association's Annual Conference. Read his remarks about the Company's entry into the Northern Delaware.

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