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.
Our spirit of innovation and commitment to delivering superior products that address even the most complex challenges drives Marathon’s legacy of technical excellence.
Royalty Payments
Taxpayer Identification Number
Federal law requires that individuals and partnerships provide a certified Taxpayer Identification Number (TIN) for the owner account. For individual owners, your TIN is your Social Security Number. Other entities should provide Employer Identification Numbers. If the appropriate TIN is not received, Marathon is required to withhold 28 percent from your payment for federal income taxes.
Suspended Payments
For your protection, interest payments are occasionally suspended due to questions regarding your account. Such suspension occurs:
- When your address is not current
- When a title dispute is underway
- During an assignment of interest
- During a change in address
- During a transfer of property
Address Change
It is important that you notify Marathon’s Division Order office in writing when you change your address. For more information, see Frequently Asked Questions.
Payment Schedules
Most royalty owners receive a check monthly, unless the amount due is less than $50. Smaller amounts are accumulated and paid when $50 has accumulated or at least once every six months. Those owners with interest in Oklahoma oil and gas wells may elect to receive monthly payment for proceeds greater than $25. Those owners who would like to do so should make such request in writing to the address shown below.
Marathon Oil Company
Division Order Department - 2069
5555 San Felipe Street
Houston, TX 77056
Payments for oil and natural gas are handled differently. Oil payments typically relate to the previous month’s sales. Natural gas payments denote sales typically two months earlier, for they require more time to process, both physically and administratively.
| January 25, 2012 | February 24, 2012 |
| March 23, 2012 | April 25, 2012 |
| May 25, 2012 | June 25, 2012 |
| July 25, 2012 | August 24, 2012 |
| September 25, 2012 |
October 25, 2012 |
| November 21, 2012 | December 21, 2012 |
- Royalty/Interest Owners
- Royalty Payments
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.
Policies, Beliefs and Expectations
Emergency Preparedness
Governance
Environmental Stewardship
Reporting
Socio-Economic
Workforce