Tag: Oxy Permian

Marathon Oil Corp sale of Permian Basin assets part of industry rationalization – economist

Marathon Oil sale of 349 wells: 185 active, 124 active injection, 34 inactive and 6 temporally abandoned Rationalization of the Permian Basin oil and gas industry continues with news that Marathon Oil is selling its stake in non-operated wells and redeploying the capital to the STACK play in Oklahoma. An analyst’s note from Credit Suisse Monday downgraded […]