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Marathon Oil Operations in Niobrara Shale

Oil Shale - Execution


Location  Colorado - Wyoming counties - United States
Announced  1/30/2010
Scope  The project is a joint venture between Marubeni, which has approximately 72,000 net acres, and Marathon, which holds 144,000 net acres, in DJ Basin in northern Colorado and southeast Wyoming targeting the Niobrara formation. Marathon leased acreage since 2010. Niobrara Shale Oil was started its initial oil production in October, 2011. Marathon participated in Corn Creek #1, Rawhide Flats #1, Owl Creek #1, French Lake #1, French Lake Sec6, Crow Valley #1, Tsubaki Hills #1, Pawnee Creek #1 wells with 70% WI for all of them.
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