Marathon Drills Duster at Flathead Well

Marathon says its fourth quarter 2007 exploration expense is now estimated to be between $190 and $210 million, which is higher than previous guidance of $110 to $150 million for the quarter. The increase is largely a result of expensing the non-commercial Flathead wells in the Gulf of Mexico. U.S. exploration expense is now estimated to be between $140 and $150 million, while international exploration expense is estimated to be $50 to $60 million.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Packer
Expertise: Storeman|Warehouse Person
Location: Lovell
 
Drivers
Expertise: Heavy Machinery Operator|Rig Mover|Truck / HGV Driver
Location: Midland, TX
 
Class A CDL Drivers INTERVIEW OPPORTUNITY
Expertise: Motorman
Location: San Antonio, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours