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Marathon Oil Company
PO Box 21158
Tulsa, OK 74121-1158
Signing of the lease permits the drilling and production of oil and/or natural gas on the leased property.
If petroleum can be produced in commercial quantities, operating companies must clear the title to mineral rights for oil and natural gas extracted from the property. This process may involve several parties and can take several months. For more information, see Frequently Asked Questions.
A Division Order is a document Marathon Oil issues that describes the property, the operator, the legal description, the owner's remittance address and tax ID information, if known, as well as the owner's decimal interest in the property. The owner is asked to sign and return the Division Order. Marathon Oil uses this information to remit proceeds to the owner if Marathon Oil has the disbursement responsibility.
Over the life of the well, there may be numerous changes in ownership. Processing ownership changes requires written documentation that reflects any or all of the following: