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Are US Resource Plays Driving Marathon Oil’s Production Growth?

Are US Resource Plays Driving Marathon Oil’s Production Growth?

For Q2 2018, Marathon Oil (MRO) expects total production of 395–415 Mboepd (thousand barrels of oil equivalent per day). On a year-over-year basis, the mid-point of its Q2 2018 production guidance is ~4% higher than Q2 2017 production of 389 Mboepd. Its Q2 2018 production guidance is even ~7% higher than 380 Mboepd in the first quarter.