# We're still evaluating our assets... | Berlin Royalties > When did Marathon Oil buy TXO Production? Was it '92? Despite the fact the Marathon has owned this acreage for 20+ years, they still can't mak… Source: https://www.berlinroyalties.com/oil-scout/we-re-still-evaluating-our-assets/ Publisher: Berlin Royalties, a veteran-owned oil and gas mineral and royalty buyer in Tulsa, Oklahoma, buying for its own account since 2014. Call or text 918-984-1645. License: free to quote and cite with attribution to Berlin Royalties and a link to the source URL. ## We're still evaluating our assets... By **Stephen Clayman** · February 26, 2016 When did Marathon Oil buy TXO Production? Was it '92? Despite the fact the Marathon has owned this acreage for 20+ years, they still can't make a decision about what they are going to do with it. According to their last investor presentation, they don't have the budget to participate in non-operated wells (~$50m for 2016 in the Mid-Continent) so their goal is to stop others from developing the section. Protest after protest at the Oklahoma Corporation Commission. Incredible that MRO is still considered a player and they are completely paralyzed by the fear of making making decisions. If not now, when? How much longer do you need to evaluate your assets? Does the process start over again year after year when someone leaves the team? Squandering shareholder value at every turn. Booking PUDs off other companies wells who undertake the risk to explore. Eventually the bloat and inaction will allow them to be overtaken. Dismantled piece by piece by men who have a bias for action. More to follow. Berlin ### Thinking about selling your minerals? Berlin Royalties buys Oklahoma minerals and royalties, and we show you the work behind every offer. Free, no obligation, and if keeping them is the right answer we will tell you that too. [Get a Free Valuation](https://www.berlinroyalties.com/free-valuation/) or call or text **[918-984-1645](tel:9189841645)** More From The Oil Scout [February 25, 2016 ### Marcus Aurelius and Lease Bonuses 'My buy it now price is $1000 per acre and 1/4 because that's what my cousin got from Newfield in 2N-4W.'](https://www.berlinroyalties.com/oil-scout/marcus-aurelius-and-lease-bonuses/) [February 24, 2016 ### 80% of Success is Showing Up Woody Allen said that. He's not my favorite playwright, but he has a point. How many big company landmen are willing to meet an Oklahoma miner…](https://www.berlinroyalties.com/oil-scout/80-of-success-is-showing-up/) [February 24, 2016 ### How a Man in Amarillo Lost $100k by being an Ass on the Phone I won't use his name, he's a pro, but a dinosaur. He did business with Joe Dan Trigg and John A. and the Calders and the Dines, and the Culpep…](https://www.berlinroyalties.com/oil-scout/how-a-man-in-amarillo-lost-100k-by-being-an-ass-on-the-phone/) [February 24, 2016 ### The Patch In Oklahoma Times have been better, but they have been worse. Oklahoma oil and gas operators are in a pinch. Did Chesapeake experience a dead cat bounce t…](https://www.berlinroyalties.com/oil-scout/the-patch-in-oklahoma/)