Post Tagged with: "MRO"

Marathon Oil Preps for $2.3 Billion CapEx in 2018, Forecasts ~400 MBOEPD Net Production

Marathon Oil Preps for $2.3 Billion CapEx in 2018, Forecasts ~400 MBOEPD Net Production

Marathon Oil Corporation (ticker: MRO) will have a $2.3 billion capital budget for 2018. The company said the budget is self-funding at $50 average WTI and will generate free cash flow at $60 average WTI. More than 90% will be …

Marathon Oil Corporation (MRO) Increases Q3 Production

Marathon Oil Corporation (MRO) Increases Q3 Production

All four basins are competing very strongly. That’s a great problem to have – Tillman

Q3 highlights

  • Total production excluding Libya averaged 371,000 net BOEPD, up 6% sequentially and above top end of guidance; 23,000 net BOEPD from Libya
  • U.S.