Marathon Oil achieves first gas from Alba B3 compression platform offshore Equatorial Guinea

HOUSTON -- Marathon Oil has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. Production from the B3 platform allows Marathon to convert approximately 130 MMboe of proved undeveloped reserves, more than doubling the company's remaining proved developed reserve base in the country.   

"The Alba B3 compression project will allow us to maintain plateau production for the next two years, mitigating base decline, while extending the Alba field's life by up to eight years," said Mitch Little, V.P.—Conventional.  

Execution of the Alba B3 compression project involved engineering and construction in four countries with Heerema Fabrication Group serving as the general contractor. An Equatoguinean construction firm fabricated both the platform flare and bridge structures as part of Marathon's commitment to building local capacity within the country.  

Marathon Oil's wholly owned subsidiary Marathon E.G. Production Limited holds an approximately 65% working interest in Alba field and is the operator, while Noble Energy owns approximately 35%.