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Clarence P. Cazalot Jr. (Image courtesy of Marathon Oil)

Total CEO compensation for the year 2012:

  1. Clarence P. Cazalot Jr. | Marathon Oil | $47.7 million
  2. Stephen I. Chazen | Occidental Petroleum | $34.4 million
  3. John B. Hess | Hess | $33.2 million
  4. David J. Lesar | Halliburton | $18.39 million
  5. Robert A. Walker | Anadarko Petroleum | $18.1 million
  6. Steven Farris | Apache | $17.3 million
  7. Andrew N. Liveris | Dow Chemical | $16.8 million
  8. Mark G. Papa | EOG Resources | $16.7 million
  9. Ryan M. Lance | ConocoPhillips | $16.7 million
  10. Michael C. Jennings | HollyFrontier | $15 million

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Sources: Forbes, Business Insider, New York Times