Marathon Oil (MRO) is an active player in most of the major shale plays in North America, including the Marcellus Shale in the Northeastern United States.
In the Marcellus Shale, Marathon Oil has 65,000 net acres under lease.
In 2009, Marathon Oil will participate in five gross wells. The company will operate up to 2 rigs in 2010, and up to 9 by 2013. Marathon Oil’s total net resource potential is estimated at 175-250 million barrels oil equivalent in the Marcellus Shale. ___________________________________________________________________
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