Positioned for Profitable GrowthSTACK/SCOOP, Oklahoma

About the PlaySTACK/SCOOP

Oklahoma is a top priority for Marathon Oil, and there’s no doubt that the evolving STACK play in the Anadarko Basin is one of the best unconventional oil plays in the U.S. But our history in Oklahoma dates back for more than 100 years. More recently, we’ve been building a portfolio of high-return drilling opportunities that provide a platform for robust future growth here.

At year-end 2016, we held approximately 365,000 net surface acres in the Oklahoma Resource Basins. In the STACK and SCOOP areas, we’re in the Woodford, Springer, Meramec, Osage, Oswego, Granite Wash and other Pennsylvanian and Mississippian plays.

 

Latest Activity3Q 2017

Our unconventional Oklahoma production averaged 58,000 net boed during 3Q 2017. That’s up 18% over 2Q 2017, and more than 40% higher than a year ago. We brought 15 gross Company-operated wells to sales during the quarter predominately focused on leasehold capture and delineation activity. For the balance of the year we expect to bring 20-25 wells to sales, about 40% of which will be leasehold protection.

Two Marathon Oil employees wearing hard hats and sunglasses and looking at a tablet

Regional Office: Oklahoma city, ok

Field Offices: Watonga, Weatherford and Marlow, OK

203,000

net surface Acres in the stack play

137,000

net surface acres in the scoop play

130 Employees based in Oklahoma at Yearend 2016

155 Company-operated & 445 outside-operated producing wells (gross) at yearend 2016

58,000 Net BOED average production in 3Q 2017

30-40

expected gross operated wells to sales in second half 2017

Explore More

Two Marathon Oil employees monitoring seismicity in the SCOOP/STACK area of Oklahoma

Understanding the IssueSeismicity

In late 2016, Oklahoma regulators issued new guidelines for oil and gas operators to manage risks of potential anomalous seismicity in the SCOOP/STACK area of the state.

Explore

 
Marathon Oil hydraulic fracturing facility

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.

Explore

 

Challenging the Status QuoOklahoma

Process Engineer Sarah DuConge highlights how it takes teamwork, technology and good old-fashioned engineering to sustain base production.

Watch Video

 
Mitch Little DUG Conference

Speech
DUG MidContinent Conference

EVP Mitch Little was an invited keynote speaker at the 2017 DUG Midcontinent Conference in Oklahoma City. Read his remarks about Marathon Oil's activity in the STACK.

Explore

Read about our business strategy and company values

Explore

See how Marathon Oil works with local communities

Explore

Our annual sustainability report reviews social, environmental & safety performance

Explore

Check out current career opportunities at Marathon Oil

Explore