Corporate
Marathon Oil Corporation was established in 1887 in the state of Ohio. It is one of the oldest globally integrated oil and gas companies, and its products are optimized to meet the stringent demands of present-day energy requirements.Activities
Marathon Oil is engaged in:- Oil and Gas Exploration, Development and Production
- Refining
- Marketing and Transportation
- Integrated Gas
Performance
In fiscal year 2005, Marathon Oil's revenue was $63 billion, with profits of $3 billion.Assets and Infrastructure
Marathon Oil's crude oil production is spread across 6 countries in Europe and Africa, as well as the United States. Its refining network in the United States spans 7 refineries, and the company's terminal operations, responsible for product storage and distribution, are one of the largest in the United States. Marathon Oil operates one of the largest private tank barge fleets in the U.S.The company owns:
- 62 light products terminals and 23 asphalt terminals in 18 states in the Midwest and Southeast
- 186 truck loading racks located at MPC's terminals and refineries
- 10 inland waterway tow boats and 167 barges
- 135 owned or leased transport units
- 2,325 owned or leased rail cars
Research & Development
As a pioneer, Marathon Oil has developed its expertise in every aspect of the oil and gas industry. However, it is in the area of drilling and completion that Marathon Oil has surged ahead with its technological advantage. The drilling technology developed by Marathon Oil penetrates the most difficult of terrain and is widely sought after worldwide.Organization
Marathon Oil is headed by Mr. C.P. Cazalot Jr., the President and CEO.Marathon Oil employs over 27,000 people worldwide.
Headquarters
5555 San Felipe RoadHouston, TX 77056-2723
United States
Phone: 713-629-6600
Website: www.marathon.com
