Marathon focuses on Eagle Ford operations in 2013 budget

12/4/2012 |

A third of Marathon Oil's $5.2 billion capital budget for 2013 will go to operations in the Eagle Ford Shale formation in Texas. Marathon seeks to drill up to 250 net wells in the play and produce 85,000 net barrels of oil equivalent per day. "Eagle Ford has clearly been a positive story for Marathon," said Morningstar analyst Allen Good.

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