Marathon Increases Its Eagle Ford Resource Estimate to 1 Billion Barrels

Co-development of the Austin Chalk and Eagle Ford Planned
Marathon Eagle Ford and Austin Chalk Development Plan

Marathon Eagle Ford & Austin Chalk Development Plan

Marathon Oil has increased its total resource estimate for the Eagle Ford from 469 million barrels initially to ~1 billion boe today.

The company will run 18 rigs throughout 2014 in the the Eagle Ford.

In addition, Marathon will pursue developing both the Austin Chalk and Eagle Ford in the area. [Read more…]

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