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.
Norway
Norway is a strategic core area for Marathon. We operate 10 licenses on the Norwegian Continental Shelf. In 2010, production from our base assets in Norway represented 43 percent of Marathon’s total international liquids sales and 7 percent of international natural gas sales.
- Alvheim (PL 036 C, 088 BS, 203) — Marathon is the operator of the Alvheim area (65 percent working interest), which was developed using a purpose-designed FPSO. Oil is transported via shuttle tanker and natural gas is transported to the U.K. Scottish Area Gas Evacuation (SAGE) system. Alvheim first production was in June 2008.
- Vilje (PL 036 D) — The Vilje Field (46.9 percent working interest) ties back to the Alvheim FPSO via a 12-mile pipeline. Vilje commenced production in August 2008.
- Volund (PL 150) — We also operate Volund (65 percent working), the second field developed as a subsea tieback to Alvheim. Volund was opened for regular production in April 2010.
- Bøyla and Viper — In addition, Marathon owns a 65 percent working interest in the Bøyla and Viper oil discoveries. Along with our partners, we are evaluating possible development options via tieback to Alvheim.
- Exploration — Marathon also has exploration activities offshore Norway, where we hold interests in more than 760,000 gross acres (including assets sold effective January 1, 2011).
Marathon Oil Norge AS
Visiting address: Kanalpiren, Laberget 26 - Hinna Park
Mailing Address: Postboks 480 Sentrum, 4002 Stavanger, Norway
Phone: +47 51 90 70 00
Fax: +47 51 90 70 01
Reliability
High operating reliability is central to Marathon’s ability to grow production profitably. In the Alvheim Development Area offshore Norway, overall reliability has exceeded expectations since start-up in June 2008. Improved reliability, combined with debottlenecking work, has increased the gross throughput capacity of the asset's floating production, storage and offloading vessel (FPSO) to 150 thousand barrels of oil per day (mbopd), up from the original design of 120 mbopd.
Alvheim’s 2010 performance of 91.8 percent operational availability was in the top quartile for North Sea assets according to McKinsey’s annual benchmarking survey. First quarter 2011 operational availability performance achieved 95.5 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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