MRO » Topics » Net Liquid Hydrocarbon and Natural Gas Sales

These excerpts taken from the MRO 10-K filed Feb 27, 2009.

Net Liquid Hydrocarbon and Natural Gas Sales

The following tables set forth the daily average net sales volumes of liquid hydrocarbons and natural gas for each of the last three years.

 

Net Liquid Hydrocarbon Sales(a)

        
(Thousands of barrels per day)    2008    2007    2006

United States(b)

   63    64    76

Europe(c)

   55    33    35

Africa(c)

   93    100    112
              

Worldwide Continuing Operations

   211    197    223

Discontinued Operations(d)

         12
              

WORLDWIDE

   211    197    235

Net Natural Gas Sales(e)

        
(Millions of cubic feet per day)    2008    2007    2006

United States(b)

   448    477    532

Europe(f)

   166    169    197

Africa

   370    232    72
              
WORLDWIDE    984    878    801

(a)

Includes crude oil, condensate and natural gas liquids.

(b)

Represents net sales from leasehold ownership, after royalties and interests of others.

(c)

Represents equity tanker liftings and direct deliveries of liquid hydrocarbons. The amounts correspond with the basis for fiscal settlements with governments. Crude oil purchases, if any, from host governments are excluded.

(d)

Represents the Russian oil exploration and production businesses that were sold in June 2006.

(e)

Represents net sales after royalties, except for Ireland where amounts are before royalties.

(f)

Excludes volumes acquired from third parties for injection and subsequent resale of 32 mmcfd, 47 mmcfd and 46 mmcfd in 2008, 2007 and 2006.

 

9


Table of Contents
Index to Financial Statements

Net Liquid Hydrocarbon and Natural Gas Sales

The following tables set forth the daily average net sales volumes of liquid hydrocarbons and natural gas for each of the last three years.

 

Net Liquid Hydrocarbon Sales(a)

        
(Thousands of barrels per day)    2008    2007    2006

United States(b)

   63    64    76

Europe(c)

   55    33    35

Africa(c)

   93    100    112
              

Worldwide Continuing Operations

   211    197    223

Discontinued Operations(d)

         12
              

WORLDWIDE

   211    197    235

Net Natural Gas Sales(e)

        
(Millions of cubic feet per day)    2008    2007    2006

United States(b)

   448    477    532

Europe(f)

   166    169    197

Africa

   370    232    72
              
WORLDWIDE    984    878    801

(a)

Includes crude oil, condensate and natural gas liquids.

(b)

Represents net sales from leasehold ownership, after royalties and interests of others.

(c)

Represents equity tanker liftings and direct deliveries of liquid hydrocarbons. The amounts correspond with the basis for fiscal settlements with governments. Crude oil purchases, if any, from host governments are excluded.

(d)

Represents the Russian oil exploration and production businesses that were sold in June 2006.

(e)

Represents net sales after royalties, except for Ireland where amounts are before royalties.

(f)

Excludes volumes acquired from third parties for injection and subsequent resale of 32 mmcfd, 47 mmcfd and 46 mmcfd in 2008, 2007 and 2006.

 

9


Table of Contents
Index to Financial Statements
These excerpts taken from the MRO 10-K filed Feb 29, 2008.

Net Liquid Hydrocarbon and Natural Gas Sales

The following tables set forth the daily average net sales volumes of liquid hydrocarbons and natural gas for each of the last three years.

 

Net Liquid Hydrocarbon Sales(a)

        
(Thousands of barrels per day)    2007    2006    2005

United States(b)

   64    76    76

Europe(c)

   33    35    36

Africa(c)

   100    112    52
              

Worldwide Continuing Operations

   197    223    164

Discontinued Operations(d)

      12    27
              

WORLDWIDE

   197    235    191
              

Net Natural Gas Sales(e)

        
(Millions of cubic feet per day)    2007    2006    2005

United States(b)

   477    532    578

Europe(f)

   169    197    224

Africa

   232    72    92
              

WORLDWIDE

   878    801    894

(a)

Includes crude oil, condensate and natural gas liquids.

(b)

Represents net sales from leasehold ownership, after royalties and interests of others.

(c)

Represents equity tanker liftings and direct deliveries of liquid hydrocarbons. The amounts correspond with the basis for fiscal settlements with governments. Crude oil purchases, if any, from host governments are excluded.

(d)

Represents Marathon’s Russian oil exploration and production businesses that were sold in June 2006.

(e)

Represents net sales after royalties, except for Ireland where amounts are before royalties.

(f)

Excludes volumes acquired from third parties for injection and subsequent resale of 47 mmcfd, 46 mmcfd and 38 mmcfd in 2007, 2006 and 2005.

 

9


Table of Contents
Index to Financial Statements

Net Liquid Hydrocarbon and Natural Gas Sales

STYLE="margin-top:12px;margin-bottom:0px; text-indent:3%">The following tables set forth the daily average net sales volumes of liquid hydrocarbons and natural gas for each of the last three years.


 




























































































































































Net Liquid Hydrocarbon Sales(a)

      
(Thousands of barrels per day)  2007  2006  2005

United States(b)

  64  76  76

Europe(c)

  33  35  36

Africa(c)

  100  112  52
         

Worldwide Continuing Operations

  197  223  164

Discontinued Operations(d)SIZE="2">

    12  27
         

WORLDWIDE

  197  235  191
         

Net Natural Gas Sales(e)SIZE="2">

      
(Millions of cubic feet per day)  2007  2006  2005

United States(b)

  477  532  578

Europe(f)

  169  197  224

Africa

  232  72  92
         

WORLDWIDE

  878  801  894




(a)

Includes crude oil, condensate and natural gas liquids.





(b)

Represents net sales from leasehold ownership, after royalties and interests of others.





(c)

Represents equity tanker liftings and direct deliveries of liquid hydrocarbons. The amounts correspond with the basis
for fiscal settlements with governments. Crude oil purchases, if any, from host governments are excluded.





(d)

Represents Marathon’s Russian oil exploration and production businesses that were sold in June 2006.





(e)

Represents net sales after royalties, except for Ireland where amounts are before royalties.





(f)

Excludes volumes acquired from third parties for injection and subsequent resale of 47 mmcfd, 46 mmcfd and 38 mmcfd in
2007, 2006 and 2005.

 


9







Table of Contents


Index to Financial Statements


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