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Marathon sees upside in Atascosa County core extension

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Marathon Oil’s Eagle Ford operations are outperforming its expectations. While the company’s goal was to keep Eagle Ford output flat this year, Q3 volumes from the play are up 8% sequentially and 19% YOY at 115,000 boe/d. Oil production YTD is up 10% despite the company turning 10% fewer wells to sales compared to the prior year. During Q3, Marathon brought 38 wells online in South Texas, with IP30s averaging 1,680 boe/d (63% oil). Out of that total, 12 wells in......
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