E&P sales volumes per day (excluding Libya) during the fourth quarter of 2012 averaged 423,000 net boed, up 6 percent compared to 399,000 net boed for the third quarter. For full-year 2012, sales volumes (excluding Libya) averaged 388,000 net boed, an 8 percent increase from the 2011 average of 358,000 boed. The increases in the quarter and for the full year were largely the result of ramped up production in the Company's U.S. resource plays, particularly the Eagle Ford and Bakken shale plays.E&P production available for sale for the fourth quarter of 2012 averaged 420,000 net boed (excluding Libya), which was 7 percent higher than the third quarter 2012 average of 392,000 net boed. For full-year 2012, E&P production available for sale (excluding Libya) increased 8 percent over 2011 volumes, with 2012 available for sale volumes averaging 386,000 net boed compared to 357,000 net boed for full-year 2011.
Marathon Oil Corporation Reports Fourth Quarter And Full-Year 2012 Results
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