Marathon is developing unconventional resources in the Permian, Bakken, Eagle Ford, and Oklahoma.
Marathon delivered production of 419 thousand barrels of oil equivalent per day in the second quarter, which was 5% higher sequentially (divestiture adjusted), and above the high end of guidance (395-415 mboe/d). The beat was driven by the U.S. segment, which delivered 298 mboe/d (also 5% higher sequentially, and above the top end of guidance). International volumes were as expected. However, weaker-than-expected U.S. natural gas prices, which weighed on the firm's financial results, offset the ...Marathon Oil is an independent exploration and production company focused on the United States resource plays. The company also has international operations in Equatorial Guinea (E.G.). The company's segments are: United States, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the United States; and International, which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of the United States as well as produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol, in E.G.
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