Exploration & Production

Marathon Oil, Schlumberger Adapt To Evolving Energy Sector

The ability to navigate headwinds has become a necessity for oil and gas operators and service companies.

Velda

Addison

Hart Energy

Mon, 04/01/2019 - 02:28 PM

The ability to navigate headwinds has become a necessity for oil and gas operators and service companies. (Source: Shutterstock.com)

The ability to navigate headwinds has become a necessity for oil and gas operators and service companies. (Source: Shutterstock.com)

HOUSTON—Like other oil companies operating in an evolving energy sector, Marathon Oil Corp. remains focused on capital discipline as it optimizes development and takes advantage of the optionality that comes with being a multi-basin operator.

Navigating headwinds—whether they are takeaway capacity challenges in the Permian Basin, volatile oil prices or regulatory uncertainty—and having the ability to pivot has become a necessity for oil and gas players in the U.S. shale plays.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Need more than one account? See Group Subscription options

In this article

Chart reflects yearly performance.

Velda Addison

Velda Addison is the senior editor of digital media for Hart Energy’s editorial team. She covers exploration and production.

Recommended Reading

Energy Capital Conference 2019: The Mezz is Back in Town

Mezzanine financing usually remains a reliable standby when the broader capital markets are swinging shut.

Energy Capital Conference 2019: Small Capital Strategies

While the lower middle market might be underserved, capital is still available for smaller, regional operators with good opportunities.

DUG Rockies: Bullish On The Bakken; San Juan Reinvigorated

Whiting Petroleum, and Hess Corp. espoused optimism about the Bakken, while others talked about the reinvented San Juan. Meanwhile, Extraction Oil & Gas is ready to deal with SB-181.