StrategyU.S. Resource Play Focused
Since 2011, Marathon Oil has strengthened our position as an independent E&P with a substantial shift in focus
to the lower cost, higher margin opportunities in the U.S. resource plays.
Our 2017 entry into the Northern Delaware in the Permian basin and exit from Canadian oil sands operations have further simplified and concentrated our portfolio. We now enjoy a differentiated position as the only E&P active in the four best oil-rich U.S. resource basins.
Though many elements of our business are changing, one thing remains firm: our values. We remain steadfast in our commitment to be safe, responsible and ethical.
U.S. resource play average net production in 3Q 2017
Projected resource play production growth from
4Q 2016 to 4Q 2017 exit
digital oil field
Our digital oil field facility and automation tools boost production and reliability, and help lower emissions, spills and safety risk as the asset grows.
Using Best PracticesHydraulic Fracturing
In combination with advanced horizontal drilling technology, fracking makes it possible to develop oil and gas resources that were previously inaccessible.
Using data to take advantage of the linkage between innovation and operational excellence.
A return to new mexico
CEO Lee Tillman was an invited keynote at the 2017 New Mexico Oil & Gas Association's Annual Conference. Read his remarks about the Company's entry into the Northern Delaware.