Employees and contractors at our Brae platform add profitable production from the North Sea. Other core regions include the U.S., Canada and Equatorial Guinea.
Africa
Asia
Europe
Marathon assets, such as those in the Bakken and Eagle Ford plays, are indicative of our steady growth and the exciting opportunities that are yet to come.
At Marathon, we realize the importance of being transparent and regularly sharing company and industry information with our customers, employees and stakeholders.
Pablo Ondo Zetmayer, a gas plant operator in Equatorial Guinea, is a prime example of Marathon’s globally diverse workforce, which enjoys worldwide experiences and world-class opportunities.
With a focus on safety, innovation and environmental stewardship, Marathon is among the world’s leading independent exploration and production companies.
Angola
Marathon's deepwater Angola holdings are part of our growth asset portfolio. We hold 10 percent working interests in Block 31 and Block 32, where Marathon and our partners have drilled more than 30 successful exploration wells. We believe this area has significant production potential.
Block 31
In Block 31, the venture partners are proceeding with the PSVM Development using a floating production, storage and offloading (FPSO) vessel. We anticipate first production in 2012. A total of 48 production and injection wells are planned, with a net peak rate of 15 mbpd projected during 2013-2014. The partners are evaluating a second production hub.
Our partners in the block are BP Exploration Angola (26.67 percent and operator), Esso Exploration and Production Angola (25 percent), Sonangol (20 percent), Statoil Angola A.S. (13.33 percent) and China Sonangol International Holding (5 percent).
Block 32
Studies are under way to establish a development in the eastern part of Block 32 and assess the development potential of other discoveries. At least one development is planned on Block 32, with production potentially coming onstream in 2016.
We have a 10 percent working interest in Block 32. The remaining interests are held by Total Exploration and Production Angola (30 percent and operator), Sonangol (20 percent), China Sonangol International Holding (20 percent), Esso Exploration and Production Angola (15 percent) and Petrogal (5 percent).
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Marathon’s commitment to the community is deeply rooted in our core values. Our employee-run Books for Bioko program collects supplies for schools in Equatorial Guinea.
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