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Articles by Murphy Oil
Murphy Oil reports offshore discoveries, production starts
HOUSTON - Murphy Oil Corporation () announced Monday an appraisal success offshore Côte d’Ivoire and an exploration discovery offshore Vietnam, according to a press release statement. The Bubale West-1X well in Block CI-103 offshore Côte d’Ivoire reached a total measured depth of approximately 19,357 feet in 9,039 feet of water. The well encountered approximately 88 feet of net oil pay in the Turonian reservoir, with additional hydrocarbons in the deeper Albian reservoir.
Murphy Oil at Barclays energy conference: cash flow, appraisal and optionality
Wednesday, 09 September 2026 — Murphy Oil (MUR) used the Barclays 40th Annual Energy-Power Conference to outline a business that is shifting from its Malaysia roots toward a broader mix of U.S. shale, Gulf of America offshore production and international exploration.
Murphy Oil reports Q1 production above guidance at 174,200 BOEPD
HOUSTON - Murphy Oil Corporation reported first quarter 2026 production of 174,200 barrels of oil equivalent per day, exceeding the high end of its guidance range of 172,000 BOEPD, according to a press release statement. The company produced 87,200 barrels of oil per day during the quarter, also surpassing guidance of 83,500 BOPD. Net income reached $53.0 million, with adjusted EBITDA of $382.9 million and operating cash flow excluding working capital adjustments of $429.2 million.
Murphy Oil Uses Data Science To Stay Ahead of the COVID-19 Curve
Murphy Oil Uses Data Science To Stay Ahead of the COVID-19 Curve COVID-19 has had a profound effect in every walk of life, and businesses have faced severe effects from the pandemic. But, as industries are resuming operations, they are adapting to the new normal where safety measures, sanitation at the workplace, and keeping an eye on health of employees makes the key difference in tackling challenges posed by the virus.
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