Arab Today, arab today marathon pins growth strategy to us shale
Last Updated : GMT 05:54:25
Arab Today, arab today
Arab Today, arab today

Marathon pins growth strategy to US shale

Arab Today, arab today

Arab Today, arab today Marathon pins growth strategy to US shale

Washington - UPI

Marathon Oil Corp. will look to North American shale as a foundation for its 2014 growth agenda, Chief Executive Officer Lee Tillman said Monday. Tillman said at an investment conference in New Orleans his company plans to deploy more than two dozen rigs in the Eagle Ford shale play in Texas, the Bakken reserve area in North Dakota and the Woodford shale area in Oklahoma. "We continue to have high confidence in our ability to deliver on our North America long-term production growth targets," he said in a statement. Last month, Tillman highlighted his company's production from U.S. shale. Combined, the three reserve areas gave up 144,000 barrels of oil per day on average during the fourth quarter. In December, Marathon said it would invest more than 60 percent of its $5.9 billion in capital expenses next year on developing the Eagle Ford, Bakken and Woodford shale reserve areas in the United States. The U.S. Energy Information Administration said in its monthly market forecast shale should help domestic oil production reach 8.4 million bpd this year, a 12 percent increase from the previous year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today marathon pins growth strategy to us shale Arab Today, arab today marathon pins growth strategy to us shale

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today marathon pins growth strategy to us shale Arab Today, arab today marathon pins growth strategy to us shale

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 04:23 2017 Tuesday ,20 June

Oil prices flat after weeks of steep declines

GMT 06:08 2017 Sunday ,18 June

Lower oil prices set to test US shale driller

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday