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MRO » Topics » Oil and Natural Gas Net Sales

This excerpt taken from the MRO 10-K filed Mar 1, 2007.

Oil and Natural Gas Net Sales

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


Net Liquid Hydrocarbon Sales(a)

(Thousands of barrels per day)

   2006
   2005
   2004
United States(b)   76   76   81
Europe(c)   35   36   40
Africa(c)   112   52   32
   
 
 
  Worldwide Continuing Operations   223   164   153
Discontinued Operations(d)   12   27   17
   
 
 
WORLDWIDE   235   191   170
   
 
 


Net Natural Gas Sales(e)

(Millions of cubic feet per day)

   2006
   2005
   2004
United States(b)   532   578   631
Europe(f)   197   224   273
Africa   72   92   76
   
 
 
WORLDWIDE   801   894   980
(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 46 mmcfd, 38 mmcfd and 19 mmcfd in 2006, 2005 and 2004.

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