Marathon Oil Raises Production Guidance, Enters Louisiana Austin Chalk

摘要

Marathon Oil Corp., which is working the Permian Basin, Eagle Ford and Bakken shales, in Oklahoma and the emerging Louisiana Austin Chalk, has raised 2018 production guidance by 5% to 25-30% while maintaining the $2.3 billion capital budget. The Houston heavyweight, which also works overseas, said total output averaged 398,000 boe/d net in the first three months, excluding Libya.