April 13, 2004


Description

Marathon’s Western Siberia Assets – Expectations and Challenges

Marathon’s presence in Russia dates back to the late 1980s, most significantly in their lead role with the Sakhalin II project throughout the 1990s. While Marathon left that venture in 2001 for strategic reasons, a Business Development office was maintained in Moscow to continue evaluating Russian opportunities.

In May of 2003, Marathon acquired Khanty Mansiysk Oil Corporation (KMOC) and its Western Siberia assets. This new Marathon core area contains an estimated 900 million barrels of un-risked resource and net proved and probable reserves of approximately 250 million barrels of oil equivalent.

Mr. Cazalot’s presentation will focus on Marathon’s Western Siberia assets including future expectations and challenges Marathon faces to grow production from the current rate of 16,000 bopd to over 60,000 bopd in 2008. Mr. Cazalot will discuss plans to improve HES practices, drilling and completion practices, and reservoir development and management practices. 


Featured Speakers

Speaker




Organizer

Jennifer Bell


Date and Time

Tue, April 13, 2004

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

If you do not have a full-time job in the oil and gas industry, are a full-time student or Member in Transition (MiT) member, and you do not see a discounted registration fee for students/MiT regarding this event, please contact the GCS manager at spe-gcs@spe.org.


Location

Sheraton Brookhollow

3000 North Loop West
Houston, Tx 77092