Marathon Oil recently announced its exploration and production budget for 2011. Out of a total of $1.9 billion for North American projects, the company said nearly $1 billion will be allocated to North Dakota's Bakken play, the Eagle Ford Shale play in Texas, and the Anadarko Woodford Shale play in Oklahoma. In the Bakken, Marathon plans to drill 70 - 75 operated wells and 50 - 70 outside operated wells. In the Anadarko Woodford, 20 - 25 operated wells and 25 - 50 outside-operated wells are planned.
http://www.marathon.com/news/press_releases/Press_Release/?id=1522982
http://stocks.investopedia.com/stock-analysis/2011/Marathon-Oil-Sets-2011-Capital-Budget-MRO-DVN-CLR-RDS0204.aspx
http://www.marathon.com/news/press_releases/Press_Release/?id=1522982
http://stocks.investopedia.com/stock-analysis/2011/Marathon-Oil-Sets-2011-Capital-Budget-MRO-DVN-CLR-RDS0204.aspx
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