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USX-MARATHON GROUP 1993 CAPITAL/EXPLORATION BUDGET SET AT $1.1 BILLION

 HOUSTON, Jan. 27 /PRNewswire/ -- USX Corporation (NYSE: X) has approved a 1993 Marathon Group (NYSE: MRO) capital and exploration budget of approximately $1.115 billion, down 12 percent from actual 1992 spending of some $1.265 billion, Victor G includes $607 million allocated for production activities; $335 million for refining, marketing and transportation, and $23 million for other expenditures.
 Upstream capital spending plans include $342 million for international operations, with $262 million related directly to the development of the East Brae field and the associated SAGE pipeline system in the U.K. North Sea. In the United States, development of the Ewing Bank field in the Gulf of Mexico represents another major area of upstream capital spending, $57 million. The field is scheduled to come on stream in 1994.
 The group's worldwide exploration budget for 1993 amounts to $150 million, with $86 million dedicated to activities overseas.
 The 1993 environmental-related expenditures for the Marathon Group amount to $141 million, down from prior years as Marathon completes its $300 million multi-year capital program for diesel desulfurization.
 Construction of two liquefied natural gas tankers, scheduled for delivery in 1993, represents another major area of downstream capital spending totaling $57 million.
 -0- 1/27/93
 /CONTACT: William P. Ryder, 713-296-3915, or Michael R. Dixon, 713-296-3912, both of USX Corporation/
 (X MRO)


CO: USX Corporation; USX-Marathon Group ST: Pennsylvania, Texas IN: OIL SU:

CD -- PG010 -- 9820 01/27/93 15:38 EST
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Publication:PR Newswire
Date:Jan 27, 1993
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