Marathon Oil Corporation (NYSE:MRO) today reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented

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Marathon Oil’s interest was acquired by TAQA Iraq (7.5%) and ShaMaran Petroleum (7.5%) in May 2019. Atrush oil field discovery and reservoir details The lengthy saga of US firm Marathon’s exit from Iraqi Kurdistan has finally been concluded with an agreement for the sale of its 15% stake in the 30,000 b/d Atrush field (Taqa 39.9%op, Shamaran 20.1%, Marahthon 15%, KRG 25%). Marathon had agreed to sell it to Canada’s Shamaran for $60mn in June (MEES, 15 June 2018), but Emirati operator Taqa blocked the deal in November much to Shamaran American oil producer Marathon Oil has announced the completion of the sale of its 15% stake in the Atrush oil block in Iraq's northern Kurdistan region. The oil block is currently operated by TAQA (39.9% stake) and producing 2,400 barrels per day. "Marathon Oil is pleased with the progress that has been made to advance the development of the Atrush discovery," said Mitch Little, Marathon Oil VP of International and Offshore Production ShaMaran Petroleum has announced the completion of its acquisition of an additional 7.5% participating interest in the Atrush Block [from Marathon Oil], previously announced on April 3, 2019, bringing ShaMaran’s total interest in Atrush up to 27.6%. Marathon Oil Corporation (NYSE:MRO) today reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented (Source: Marathon Oil, 2014) Atrush Block.

Marathon oil atrush

General Exploration Partners (Aspect 66.5%, Shamaran Petroleum 33.5%). Groundstar Ressources Marathon Oil. MOL Hungarian Oil KOMET. ATRUSH -1. 17 Feb 2015 ShaMaran Petroleum, via its subsidiary General Exploration Partners, owns a 20.1% interest. Marathon Oil KDV and the Kurdistan regional Operations.

Operations. The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility

is a Kurdistan focused oil development and exploration company with a 20.1% direct interest in the Atrush oil discovery. As announced in ShaMaran’s June 4, 2018 news release, the Company has signed an agreement with Marathon Oil KDV B.V. to acquire its 15% interest in the Atrush Block. The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan Region.

2 Jun 2019 Rebuilding Iraq News. Marathon OIl Sells Stake in Kurdistan's Atrush Oil Block. Sale of its stake marks Marathon's complete exit from Iraq

14,100. 14,100. Atrush. TAQA. 0 . 0.

Sale of its stake marks Marathon's complete exit from Iraq Total to join other Majors ExxonMobil and Chevron in the northeast Iraqi province The French major Total and […] Read more. Tags: Africa, barrels of oil Marathon Oil Announces Jisik Discovery in the Kurdistan Region of Iraq Marathon Oil and Partners Announce Approval for Atrush Development in the 1 Dec 2020 Shamaran 2020 Atrush Overview ShaMaran has 27.6% interest in Atrush oil field between Marathon, Hess, ConocoPhilips and the. 1 Aug 2020 Shamaran 2020 Atrush Overview. 46.8* ShaMaran has 27.6% interest in Atrush oil field between Marathon, Hess, ConocoPhilips and the. 31 May 2019 Marathon Oil Corporation has announced that it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan. 22 Feb 2021 Marathon Oil Corporation (NYSE:MRO) reported a fourth quarter 2020 net loss of $338 million, or $0.43 per diluted share, which includes the The Kurdistan region of Iraq is the largest unexplored onshore petroleum basin and Kurdish Regional Government resource estimates indicate that the area Since 2003, the Kurdistan Region of Iraq has significantly developed in oil and gas „TAQA and ShaMaran Petroleum Acquire Atrush Stake from Marathon Oil‟ . 6 days ago In addition, ShaMaran said the Atrush field total cumulative crude oil in the Atrush Block from Marathon Oil Kurdistan B.V. in May of this year.
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G. Atrush. TAQA. H Marat 21 Aug 2019 The TAQA-operated Atrush Block is being developed with the Kurdistan Regional Government, ShaMaran and Marathon Oil. The Atrush field is Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) Basra Oil Marathon Oil Company Mari Petroleum Ltd. (TTOPCO) TAQA Atrush B.V. - Iraq VANCOUVER, June 4, 2018 /CNW/ - ShaMaran Petroleum Corp. (the “Atrush PSC”) and certain other assets from Marathon Oil KDV B.V. (the Transaktionen sker genom att Shamaran och operatören Taqa Atrush köper totalt 15 procent från Marathon Oil för 63 miljoner dollar. Formellt köper Shamaran Oljebolaget Shamaran har köpt ytterligare 7,5 procent av oljefältet Atrush från Marathon Oil. Operatören vid fälten, Taqa, har också ökat sitt Säljaren Marathon Oil har nu inlett en ny budprocess kring andelen i Atrush, denna gång utan krav på godkännande från Taqa, vilket innebär Adel Chaouch i en intervju med Nyhetsbyrån Direkt.

The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan Region. It was discovered in 2011 and began development in 2013 in cooperation with the Kurdistan Regional Government (KRG), ShaMaran and Marathon Oil. The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility located at one of the drilling pads. Crude oil production from the block is transported to the boundary where the export crude enters the Kurdistan Export Pipeline network and is sold to the Kurdistan Regional Government.
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Marathon Oil Corporation (NYSE:MRO) today reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented

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Marathon Oil (NYSE:MRO) said it has acquired a 20% working interest in the Atrush block in the Kurdistan region of Iraq, alongside General Exploration

In its two years of production, the Atrush field has produced of 17 million barrels of oil, with increasing efficiency. In May 2019, TAQA Iraq completed the acquisition of an additional 7.5% working interest in the Atrush block from Marathon Oil KDV B.V. interest in the Atrush Block from Marathon Oil KDV B.V. (“MOKDV”). ShaMaran is pleased to announce that it and TAQA Atrush BV (“TAQA”), Operator of the Atrush Block, have agreed jointly to acquire from Marathon its 15% participating interest in the Atrush Block held through MOKDV in equal proportions of 7.5%. TAQA Atrush operates and holds a 39.9% stake in the Atrush block. ShaMaran Petroleum, via its subsidiary General Exploration Partners, owns a 20.1% interest. Marathon Oil KDV and the Kurdistan regional government own 15% and 25% stakes, respectively.

Marathon Oil Announces Jisik Discovery in the Kurdistan Region of Iraq Marathon Oil and Partners Announce Approval for Atrush Development in the

Send Message. See All. Photos. Marathon Oil. 741 likes · 8 talking about this. Energy Company TAQA is the operator of the Atrush Block, which is located 85 km northwest of Erbil.

The most impressing part being at Jerwan; here the valley is spanned by a 300 m long dyke built on limestone blocks and carrying a conduit no less that 12 m wide. As announced in ShaMaran's June 4, 2018 news release, the Company has signed an agreement with Marathon Oil KDV B.V. to acquire its 15% interest in the Atrush Block. Vidare kan Shamaran meddela att den utökade brunntestanläggningen för tung oja nu har installerats och olja ("live oil") från produktionsbrunnen Chiya Khere 10, CK10, kommer att användas för att processa och exportera tung olja från Atrush 3-brunnen (AT-3) Produktion vid Atrush 3 väntas gå live före mitten av april. The inflow was 2,616 bbl 32-35°API oil and 5.86 MMscfd (1,070 boepd) gas. Gas had around 40 % H 2 S and 40 % CO 2 content on 64/64”choke and WHP 272 psi.