trending Market Intelligence /marketintelligence/en/news-insights/trending/bC4PC_NJlukC3E9vGwNmsA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Marathon Oil completes $700M Permian acreage buy, sells Canadian unit for $2.5B

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Marathon Oil completes $700M Permian acreage buy, sells Canadian unit for $2.5B

Marathon Oil Corp. has strengthened its position in the Permian basin with the closing of its $700 million acquisition of about 21,000 net surface acres in the Northern Delaware basin of New Mexico from Black Mountain Oil & Gas and other private sellers.

The additional acreage, along with those acquired from the BC Operating transaction, brings the company's position in the basin up to 91,000 net surface acres.

Marathon Oil also closed the sale of its Canadian subsidiary to Royal Dutch Shell plc and Canadian Natural Resources Ltd. for $2.5 billion in cash. The sale includes 20% of Marathon Oil's non-operated interest in the Athabasca Oil Sands Project. The company received about $1.75 billion, with the remaining to be paid in first quarter of 2018.

Effective date of the acquisition is March 1, while the sale's effective date is Jan. 1.