Marathon Oil Corp., which has announced plans to spin off its integrated assets and become a stand-alone explorer, on Wednesday said it plans to increase its capital spending in 2011 to develop existing projects and exploit new resources, including onshore in North America.
Budgeting
Articles from Budgeting
Newfield Pins Bulk of Exploration Budget on Midcontinent Success
Newfield Exploration Co. is budgeting $1.6 billion for its oil and natural gas projects this year, with the bulk of the budget to be directed at its growing Midcontinent development activities. The Houston-based independent also is forecasting double-digit organic production growth.
February 11, 2008
Newfield Pins Bulk of Exploration Budget on Midcontinent Success
Newfield Exploration Co. is budgeting $1.6 billion for its oil and natural gas projects this year, with most of the money directed at its growing Midcontinent development activities. The Houston-based independent also is forecasting double-digit organic production growth.
February 5, 2008
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