Marathon Oil reported strong sequential oil growth in third quarter 2017 with resource plays up 14 percent. In the Eagle Ford (pictured above), the Company averaged production of 101,000 net barrels of oil equivalent per day in the quarter, up slightly despite the effects of Hurricane Harvey. Marathon Oil said outstanding execution is driving its full-year 2017 production guidance higher with lower capital spending.
Marathon Oil reported strong sequential oil growth in third quarter 2017 with resource plays up 14 percent. In the Eagle Ford (pictured above), the Company averaged production of 101,000 net barrels of oil equivalent per day in the quarter, up slightly despite the effects of Hurricane Harvey. Marathon Oil said outstanding execution is driving its full-year 2017 production guidance higher with lower capital spending.