Marathon Acquires Paloma Partners’ Eagle Ford Assets for $750 Million

Marathon Oil’s Eagle Ford assets are expanding once again. The company has entered an agreement to acquire Paloma Partners II for $750,000,000.

Paloma has approximately 17,000 acres across Karnes and Live Oak counties, with net production of 7,000 boe/d.

Paloma Partners II is a privately backed company funded by management, Encap, adn Macquarie.

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R.T. Dukes

R.T. Dukes

Managing Editor at
R.T. is the managing editor of In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790


  1. Surely there’s more to it than the reported acreage and daily production. $44k per acre and $107k per boepd production are insanely high.

    • R.T. Dukes RT Dukes says:

      Marathon likely has considerable dollars invested in midstream assets (already in place) that add considerable value to the deal

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