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;
Standard Oil Company No. 16 (harbor tug) Oil sold the tug to the McAllister Towing and Transportation Company and she was renamed "John E. McAllister." "No. 16" was listed on the National Register of Historic Places in 2001. Standard Oil Company No. 16 (harbor tug) Standard Oil Company No. 16 is a historic harbor tugboat located at Mariners Harbor, Staten Island, New York. She was built in 1907 by the Skinner Shipbuilding and Dry Dock Company of Baltimore, Maryland for the Standard Oil Company. She has heavy steel frames and deck beams. She is 100 feet in length, 23 feet in beam and 11.2 feet in depth.