Marathon Oil Corporation - US Securities and Exchange Commission
Marathon Oil Corporation - US Securities and Exchange Commission
Marathon Oil Corporation - US Securities and Exchange Commission
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S!}ill Prevention<br />
To prevent spills <strong>and</strong> discharges. <strong>Marathon</strong> <strong>Oil</strong> provides employee<br />
training, procedures. preventive maintenance, equipment inspections<br />
<strong>and</strong> mechanical safeguards. We investigate spills <strong>and</strong><br />
discharges to ident ify t heir cause <strong>and</strong> take incident-specific <strong>and</strong>, if<br />
necessary, broad corrective actions including remediation.<br />
Flaring <br />
In 2011, we exp<strong>and</strong>ed our track ing protocol by including total fluid<br />
spills greater than 1 barrel, whereas only oil spills were tracked previ <br />
ously. Because o f this incremental inclusion, the total number of<br />
spills increased from 2010 to 2011 more than threefold; however. the<br />
total volume of oil spills to the environment decreased 77. percent.<br />
Of the 89 spills in 2011, only two involved volumes greater than 10<br />
barrels spilled to water or 100 barrels spilled to l<strong>and</strong>. No spills were<br />
larger than 150 barrels.<br />
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Underst<strong>and</strong>ing the importance<br />
of flaring issues, <strong>Marathon</strong> <strong>Oil</strong><br />
is a participant in the Globa l<br />
Gas Flaring Reduction (GGFR)<br />
Initiative. GGFR is a World Bankled<br />
public-privat e partnersh ip that<br />
promotes elimination of barriers to<br />
reducing gas flaring <strong>and</strong> sharing of<br />
best practices.<br />
As a member of GGFR. we<br />
recognize the need. wherever<br />
feasible, to minimize flaring <strong>and</strong><br />
venting. In many cases, however.<br />
reductions are inhibited by lack<br />
of infrastructure, regulatory<br />
constraints, market conditions<br />
<strong>and</strong>/or operational considerations.<br />
Although we continue to consult<br />
t he principles of GGFR, flaring is<br />
<strong>and</strong> is likely to remain a challenge<br />
for <strong>Marathon</strong> <strong>Oil</strong> <strong>and</strong> the indu stry.