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Oil & Gas

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Marathon Oil Corp.

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address

Houston,  United States

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Company Profile

  • Country

    United States
  • Employees

    1,672 people
  • Incorporation Year

    1887
  • Annual Revenue (Year)

    3.086 billion USD
  • Web web

  • Total Assets Value

    17.956 billion USD
  • Career career

  • Global Presence

    Mexico, Equatorial Guinea

Who we are

Incorporated in Ohio, Marathon Oil Corporation is an American company that is engaged in hydrocarbon exploration and is headquartered in the Marathon Oil Tower in Houston, Texas. The company ranks 534th on the Fortune 500 and 1900th on the Forbes Global 2000. As of December 31, 2020, the company had a total of 972 million barrels of oil equivalent of estimated proven reserves, of which 86% was in the United States and 14% was in Equatorial Guinea. The company's proved reserves consisted 52% of petroleum, 30% natural gas, and 18% natural gas liquids.

What we do

Marathon Oil turned into an independent E&P company on July 1, 2011. Based in Houston, the Company is focused on the most significant oil-rich resource plays in the U.S. - the Eagle Ford in Texas, the Bakken in North Dakota, the STACK and SCOOP in Oklahoma, and the Permian in New Mexico. It likewise has international operations in Equatorial Guinea. Marathon Oil stays committed to its framework for success, with the foundation of a peer-leading balance sheet and the competitive advantages of its multi-basin portfolio.

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