Operator · Cana - Woodford Shale, Canada Oil Sands & Gulf Of Mexico (GOM)
Marathon Oil Corp
80 articles mentioning Marathon Oil Corp · Page 2 of 4
Marathon Oil First Quarter 2019 Results
Marathon Oil Corp. reported its Q1 2020 results. Marathon reported a first quarter 2020 net loss of $(46) million, or $(0.06) per diluted share, which includes the impact of certain items not typically represented in analysts'...
Marathon Oil Taps New VP of Operations
Marathon Oil Corp. reported that effective May 4, 2020, Mike Henderson will be promoted to senior vice president, operations, and will oversee the U.S. Resource Play businesses. About Henderson In October 2017, Mr. Henderson was appointed...
Marathon Chops Another $500MM from Capex; Frac Holiday in Bakken, Eagle Ford
In response to current market conditions, Marathon Oil has detailed an updated 2020 capital spending budget and has also provided a hedging update. Updated 2020 Capex / D&C New Capex of $1.3 billion, down from initial...
Operator Suspends STACK Drilling & Completions; Drops ALL Three Rigs
Marathon Oil Corp. has announced an immediate capital spending reduction of at least $500 million relative to its previously communicated 2020 capital spending budget of $2.4 billion. Marathon now plans to spend $1.9 billion in 2020....
STACK E&Ps; Outline 2020 Dev Plans; Rigs & Completions Counts
What a difference a year has made, especially when it comes to the Anadarko Basin. Below is chart showing the 2020 vs. 2019 completion programs for some of the STACK/SCOOP operators. Activity has seen a dramatic...
STACK/SCOOP Operator Cuts Drilling Activity 40%; 35 Wells Planned
Marathon Oil provided guidance on its 2020 development plan. The company said that it is planning on cutting drilling & completion activity some 40% YOY as NGL and Natrual gas prices continues to take a beating....
Watch CNBC’s Interview with Marathon CEO Lee Tillman
Three themes Corporate Returns Free Cash Flow Generation Returning Cash to Shareholders M&A
Marathon Oil Reports Q3 2019 Results
Marathon Oil Corp. reported its Q3 2019 results. The company reported third quarter 2019 net income of $165 million, or $0.21 per diluted share, which includes the impact of certain items not typically represented in analysts'...
Marathon Oil Details Q2 2019 Results
Marathon Oil Corp. reported second quarter 2019 net income of $161 million, or $0.20 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect...
Bison Signs MidCon Water Gathering Agreement with Maraton
Bison and Marathon Oil Corp. have entered into a 15-year Water Gathering and Disposal Agreement for assets in the SCOOP, STACK and Merge plays. Under the agreement, Bison will exclusively manage all of Marathon's produced water...
Marathon's Q1 Drilling Up 45% YOY at 103 Wells; Cuts Well Costs in Eagle Ford, Bakken
Marathon Oil Corp. reported its Q1 2019 results. Q1 Spending Down a Slim -8% YOY The company reported development capital spend of $569 million, down 8% from year-ago quarter. Drilling Activity - 103 Wells Drilled in...
Marathon Oil Adds Two New Directors to Board
Marathon Oil reported that Jason Few and Kent Wells have been elected to the Company's board of directors, effective April 1, 2019. About Few Few, 52, is the president of Sustayn LLC, a cloud-based software waste...
Top Wells This Week : Operator Flow Grady County Well; 1630 BOPD
In our Top Wells this week. We look at Marathon's Grady County Well, the LIGHTNER 19WXH. The well was completed in the woodford formation and flowed 1,650 bopd of oil, 5911 Mcf/d of gas and 2,635...
Operator to Drill & Complete 335 Wells in 2019: Permian, STACK, Eagle Ford, Bakken
Marathon Oil annouced its 2019 development program, which consists of the bulk of the operations focused on the Eagle Ford. The company expects U.S. oil growth of 12% in 2019 with annual gross operated wells to...
Marathon Oil Names CEO Tillman as New Board Chairman
Marathon Oil announced that Lee Tillman has been appointed by the Company's board of directors as chairman of Marathon Oil Corporation, effective Feb. 1. Tillman will continue to serve as president and CEO, a position he's...
Marathon Extends Bakken Core; Southern Dunn County Well Flows 2,400 BOEPD
Marathon Oil announced encouraging early production results at its four-well Middle Bakken pad in the Company's Ajax area of the Williston Basin in Dunn County, North Dakota. The four-well pad achieved an estimated average 30-day IP...
Marathon Touts Record IPs in the Bakken; STACK Infill Pilot Results; Gets Oilier QOQ
Marathon Oil reported its Q3 2018 results. Production Flat from 2Q18; Oil Output Shows Increase - Q3 production averaged 419,000 net boed, above the high end of guidance (this is flat from 2Q18 and up +6%...
Operator To Spend $100 Million Louisiana Austin Chalk In 2018
Marthon Oil provided and update on its exploration activity for the Louisiana Austin Chalk. As you might remember the company annouced it had spend The company is currently participating in a multi-client 400 square mile 3D...
Marathon Raises Guidance for 2018; Continues Seeing Strong Eagle Ford, Bakken IPs
Marathon Oil reported second quarter 2018. Highlights: - Net income of $96 million, or $0.11 per diluted share. Adjusted net income was $126 million, or $0.15 per diluted share. Net operating cash flow was $767 million,...
Marathon Appoints Advisor to the CEO; Hires New VP of Investor Relations
Marathon Oil reproted that, effective July 9, Zach Dailey will assume the role of Advisor to the President and CEO, Lee Tillman. Additionally, the company has hired Guy Baber to assume the role of vice president...