Alaska
Marathon has been exploring for, and developing hydrocarbons in Alaska for more than 55 years, with exploration activities focused on natural gas.
Based in Anchorage, the Company ranks as one of the largest natural gas producers and is the
most active driller in south central Alaska along the Kenai Peninsula.
In 2008, Marathon drilled nine production wells in the Cook Inlet region in the Beaver Creek, Ninilchik and Kenai Gas fields. These wells targeted the Tyonek and Beluga reservoirs, which are fluvial deposits composed of very fine to fine grained sands. The Beluga, in particular, has a complex reservoir architecture with highly discontinuous sands. The Beluga, and in some cases the Tyonek, stacked pay intervals are completed using Marathon's patented EXcapeTM technology.
Marathon also progressed exploration efforts with the Sunrise project. Sunrise is located northeast of Marathon's existing fields and targets Tyonek reservoirs.
Delivery Commitments
Marathon has commitments to deliver fixed and determinable quantities of natural gas to customers under a variety of contractual arrangements. Marathon has a 30 percent ownership interest in the Kenai LNG plant and a proportionate share of the long-term LNG sales obligation to two Japanese utility companies, Tokyo Electric Power Company and Tokyo Gas Company Ltd.—two of Japan’s largest utility firms.
Alaska Fact Sheet (PDF; 210KB)
Marathon Oil Company
Alaska Production Region
3201 C Street, Suite 800
Anchorage, Alaska 99503
Phone: +1 907-561-5311
Fax: +1 907-565-3076
