Marathon Oil Corporation is an independent exploration and production company primarily engaged in the exploration, development, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas.
Marathon Oil Corporation, headquartered in Houston, Texas, operates globally as an independent exploration and production company specializing in energy resources. Founded in 1887 and originally known as USX Corporation before rebranding in 2001, the company is deeply entrenched in the exploration, production, and marketing of crude oil, condensate, natural gas liquids (NGLs), and natural gas itself.
Marathon Oil's operational scope includes a robust portfolio of assets encompassing 32 central gathering and treating facilities. Notably, it manages the Sugarloaf gathering system, a pivotal 42-mile natural gas pipeline serving Karnes and Atascosa Counties. The company's diversified approach extends to the production and marketing of value-added products derived from natural gas, including liquefied natural gas (LNG) and methanol.
Leveraging its extensive experience and technological advancements, Marathon Oil continues to play a vital role in the energy sector by maintaining a focus on sustainable exploration practices and innovative production methodologies. Its strategic presence both domestically in the United States and internationally underscores its commitment to delivering reliable energy solutions while adhering to stringent environmental standards.