Marathon Announces First Oil from Deepwater Droshky Development in Gulf of Mexico
Green Car Congress
JULY 20, 2010
Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident. The new well had already been drilled at the time of the incident. Marathon owns a 100% working interest in Droshky, which is expected to produce approximately 50,000 net barrels of oil equivalent per day at its peak, consisti
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