Welcome to the U.S. Energy Information Administration reveiw of aspects of the Marathon Oil's, which already owns 62 percent, acquisition of Ashland Corporation's 38-percent share of their Marathon Ashland Petroleum joint venture, which was created January 1, 1998, for about $1.1 billion in cash and stock and the assumption of $1.9 billion of debt. For additional information, please call the National Energy Information Center at (202) 586-8800.

U.S. Refining Crude Oil Distillation Capacity, Marathon Ashland Petroleum Joint Venture, PADa District Detail

(barrels per calendar day)
PAD District Marathon Ashland Total PAD District Total Percent of PAD District Total
Marathon Ashland Total
1 0 1,708,687 0
2 631,000 3,518,400 17.9%
3 304,000 7,807,948 3.9%
4 0 577,700 0
5 0 3,144,635 0
a PAD Districts were created during the Second World War by the Federal government.   The purpose of the districts was to administer oil allocations.   Additional information concering the PAD Districts may be found in Petroleum Supply Annual 2002 Volume 1, Appendix A (District Descriptions and Maps) (pdf format, if you lack Adobe Acrobat Reader and are unable to read pdf format files, please follow the Adobe link below to download the free software)."
Source: Energy Information Administration, Petroleum Supply Annual 2002, Volume 1 (DOE/EIA-0340(2002)/1 (Washington, DC, June 2003), Table 36, Table 39, and Table 40 (all tables are in pdf format, if you lack Adobe Acrobat Reader and are unable to read pdf format files, please follow the Adobe link below to download the free software).

 

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Last Updated on March 19, 2004
By Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration
Email: neal.davis@eia.doe.gov