Alaska
Marathon has been exploring for, and developing hydrocarbons in Alaska for more than 55 years, with exploration activities focused on natural gas. Based in Anchorage, the Company ranks as one of the largest natural gas producers in south central Alaska along the Kenai Peninsula.
Complementing the natural gas production operations, Marathon operates natural gas
storage and a first-class facility for handling drilling and production solids. In 2009, Marathon drilled three production wells in the Cook Inlet region in the Beaver Creek and Kenai Gas fields, and participated in three wells as majority working interest owner of the McArthur River Field. These wells targeted the Grayling Gas Sands, Tyonek and Beluga reservoirs. The Beluga and Tyonek are fluvial deposits composed of very fine to fine grained sands, with the Beluga having more complex reservoir architecture with highly discontinuous sands.
The Beluga, and in some cases the Tyonek, stacked pay intervals are completed using Marathon's patented EXcapeTM technology. The technology allows for tapping multiple reservoir
zones simultaneously, which reduces the completion time from weeks to days.
Delivery Commitments
Marathon has commitments to deliver fixed and determinable quantities of natural gas to customers under a variety of contractual arrangements. Marathon has a 30 percent ownership interest in the Kenai LNG plant and a proportionate share of the long-term LNG sales obligation to two of Japan’s largest utility firms.
Alaska Fact Sheet (PDF 952KB)
