Marathon Oil delivered a mixed result for the quarter as it surpassed the revenue expectations of Wall Street. The oil and equivalent production of the company increased sequentially. In the Permian, particularly, the company returned to its highest level of activities since the pandemic. It brought 13 wells to sales, among which 8 were 2-mile laterals and the productivity for these extended laterals is very strong. In Florida, another five wells are coming up in the upcoming quarter. The differ ....
24 Jan 2023
Marathon Oil: Acquisition Of Eagle Ford Assets Of Ensign Resources & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Marathon Oil: Acquisition Of Eagle Ford Assets Of Ensign Resources & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
- Published:
24 Jan 2023 -
Author:
Ishan Majumdar -
Pages:
27
Marathon Oil delivered a mixed result for the quarter as it surpassed the revenue expectations of Wall Street. The oil and equivalent production of the company increased sequentially. In the Permian, particularly, the company returned to its highest level of activities since the pandemic. It brought 13 wells to sales, among which 8 were 2-mile laterals and the productivity for these extended laterals is very strong. In Florida, another five wells are coming up in the upcoming quarter. The differ ....