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;
Associated Oil Company in 1929 to construct a new railroad drawbridge a year later. In 1926, the Associated Oil Company stock owned by the Pacific Oil Company, which was formed by Southern Pacific Company to handle their oil interests, was sold to a new holding company, the Tide Water Associated Oil Company, which also acquired the Tide Water Oil Company at the same time. Standard Oil of New Jersey, the largest stockholder in Tide Water at the time, later formed a holding company, Mission Corporation, to hold the stocks of Tide Water and Associated. Beginning in 1934, Associated Oil Company commissioned a series