Friday, April 27, 2012

Marathon Oil "Best in the Long Run"

I used to work for them as a geologist.

Good company with good people.

Picture of me after a run while drilling a well in the Eastern Desert of Egypt about 60 Km north of Hurghada, Egypt, by the Red Sea.  Circa 1986.

Marathon Oil says Eagle Ford Shale is the top
By Vicki Vaughan - Express-News

Here’s what Houston-based Marathon Oil Corp. thinks of the Eagle Ford Shale:  “Marathon views the Eagle Ford as the premier liquids-rich resource play in North America …”

That’s from Marathon’s fact book, which it sent recently to interested parties.

Marathon said it holds 300,000 acres in the Eagle Ford, making it one of the Top 5 leaseholders in the shale. The company said it’s focused on drilling in Atascosa, DeWitt, Gonzales, Karnes and Wilson counties.

The company has 17 rigs in the Eagle Ford Shale now and will add another by June.