Our Global Operations across four core regions — Africa, Middle East, Europe and North America — allow us to discover and develop key opportunities for future growth
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Our spirit of innovation and commitment to delivering superior products that address even the most complex challenges drives Marathon Oil’s legacy of technical excellence.
The Company has been involved in exploration and production in Oklahoma for 100 years.
As of year-end 2015, Marathon Oil held approximately 265,000 net surface acres in the Oklahoma Resource
Basins. The acreage includes the SCOOP area, with rights to the unconventional Woodford, Springer, Meramec, Granite Wash and other Pennsylvanian and Mississippian sands plays; the STACK area with rights to the unconventional Woodford, Meramec and other Mississippian plays; and the broader western Oklahoma Granite Wash and other Pennsylvanian sands plays.
In August 2016, the Company acquired approximately 61,000 net surface acres and current production of 9,000 net barrels of oil equivalent per day (boed) in the oil window of the Anadarko Basin STACK play in Oklahoma.
The Company also has well-established production in Oklahoma from conventional operations in the Ammunition, Cement, Elk City, Huntley, Knox, Marlow, Rocky, Strong City, Watonga and Wheatland fields.