Marathon Oil (MRO) has 406,000 net acres under lease in North Dakota that is prospective for the Bakken play. The company recently disclosed the following information on its operations there:
- December 2011 production from the Bakken averaged 24,000 barrels of oil equivalent (BOE) per day, up from 10,000 BOE per day in December 2010.
- Marathon Oil had 19 gross wells waiting on completion as of Jan 25, 2012.
Operating six rigs with another scheduled to start working in the second quarter of 2012.