2003 Operation highlights 1 3 4 5
New upstream core areas
 
Investment and growth continue

  Marathon returns to Russia
Production expected to grow to more than 60,000 net bpd within five years

Phase 2A expansion in Equatorial
Guinea comes onstream

Phase 2B start-up expected by year-end

Three additional Norwegian production licenses added
Marathon will operate and hold a 100 percent working interest in two, with a 40 percent interest in the third

Reserve replacement at 124 percent,
excluding dispositions

Year-end proved reserves total 1,042 mmboe
   
 
Khanty Mansiysk, Russia  Marathon had approximately 91 million barrels of proved reserves at year-end through the acquisition and development of assets in Western Siberia, providing a new core area in Russia with substantial near- and medium-term growth potential.
Khanty Mansiysk, Russia  Marathon had approximately 91 million barrels of proved reserves at year-end through the acquisition and development of assets in Western Siberia, providing a new core area in Russia with substantial near- and medium-term growth potential.
Khanty Mansiysk, Russia
Marathon had approximately 91 million barrels of proved reserves at year-end through the acquisition and development of assets in Western Siberia, providing a new core area in Russia with substantial near- and medium-term growth potential.