Marathon Oil in North America, including $600 million in the Eagle Ford and $200 million in the Bakken formation. The company owns 277,000 net acres in the Bakken formation. Marathon began as The Ohio Oil Company in 1887. In 1889, it was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company". In 1982, Mobil made a hostile offer to buy the company;
Vacuum Oil Company Vacuum Oil Company Vacuum Oil Company was an American oil company known for their Gargoyle 600-W Steam Cylinder Oil. Vacuum Oil merged with Standard Oil Co of New York, commonly known as Socony Oil to form Socony-Vacuum Oil Company, and is now a part of ExxonMobil. Vacuum Oil was founded in 1866 by Matthew Ewing and Hiram Bond Everest, of Rochester, New York. The lubrication oil was an accidental discovery while attempting to distill kerosene. Everest noted the residue from the extraction was suitable as a lubricant. Soon after, the product became popular for use by steam engines and the