MRO » Topics » Oil and Natural Gas Production

This excerpt taken from the MRO 10-K filed Mar 10, 2005.

Oil and Natural Gas Production

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

Net Liquid Hydrocarbons Production(a)(b)

(Thousands of Barrels per Day)

  2004
  2003
  2002

United States(c)   81   107   117
Europe(d)   40   41   52
West Africa(d)   32   27   25
Other International(d)   16   10   1
   
 
 
  Total Consolidated Continuing Operations   169   185   195
Equity Investees(d)(e)   1   6   8
   
 
 
Worldwide Continuing Operations   170   191   203
Discontinued Operations(f)   -   3   4
   
 
 
WORLDWIDE   170   194   207
   
 
 

Net Natural Gas Production(b)(g)

(Millions of Cubic Feet per Day)

  2004
  2003
  2002

United States(c)   631   732   745
Europe   273   262   299
West Africa   76   66   53
   
 
 
  Total Consolidated Continuing Operations   980   1,060   1,097
Equity Investees(h)   -   13   25
   
 
 
Worldwide Continuing Operations   980   1,073   1,122
Discontinued Operations(f)   -   74   104
   
 
 
WORLDWIDE   980   1,147   1,226

(a)
Includes crude oil, condensate and natural gas liquids.
(b)
Amounts represent production after royalties, excluding the U.K., Ireland and the Netherlands where amounts shown are before royalties.
(c)
Amounts represent production from leasehold ownership, after royalties and interests of others.
(d)
Amounts represent 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.
(e)
Represents Marathon's equity interests in Chernogorskoye, MKM and CLAM.
(f)
Amounts represent Marathon's western Canadian operations, which were sold in 2003.
(g)
Amounts exclude volumes purchased from third parties for injection and subsequent resale of 19 mmcfd in 2004, 23 mmcfd in 2003 and 4 mmcfd in 2002.
(h)
Represents Marathon's equity interests in CLAM.

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