Murphy Oil Corp.

News

Courtesy Murphy Oil's 2Q 2026 Earnings Presentation
Lac Da Vang (Golden Camel) Platform
Murphy Oil has spud the Lac Da Trang North-1X exploration well offshore Vietnam, targeting 40 MMbbl to 80 MMbbl of recoverable resources that could be developed as a tieback to...
Aug. 11, 2026
Murphy Oil is progressing a multi-well appraisal program offshore Côte d’Ivoire while targeting first oil from the Banjo and Cello developments in the US Gulf by late 2027.
Aug. 6, 2026
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offshore Côte d’Ivoire map
The Caracal-1X well in Block CI-102 will be P&A'd after delivering only hydrocarbon shows. A third well will follow on the Bubale prospect.
Feb. 27, 2026
Courtesy BW Offshore
Pioneer FPSO
The Cello and Banjo oil finds are within tieback range of the Delta House FPS.
Jan. 29, 2026
Operator Murphy Oil and its partners will likely pursue a standalone development, reviving interest in the offshore Cuu Long basin.
Jan. 27, 2026
Operator Murphy Oil and state-owned PETROCI plan two further frontier exploration wells on offshore Block CI-502.
Jan. 20, 2026
Courtesy Murphy Oil Corp.'s "Goldman Sachs Energy, CleanTech & Utilities Conference 2026" presentation, January 2026
Lac Da Vang (Golden Camel) – Rig Mobilization
Results so far from the HSV-2X appraisal well suggest at least 430 MMboe recoverable, with upside in other intervals.
Jan. 8, 2026
Murphy Oil is executing a diverse portfolio of offshore exploration and development projects, including US Gulf of Mexico drilling and field development offshore Africa and Vietnam...
Nov. 11, 2025
Courtesy Murphy Oil Corp.s' 2025 Second-quarter Earnings presentation
Murphy Oil map of exploration focus areas
Murphy Oil is exploiting a combination of development and exploration opportunities in Vietnam and Côte d'Ivoire as well as prioritizing nearfield, infrastructure-led exploration...
Aug. 7, 2025

Articles

Murphy Oil has participated in a new discovery in Mississippi Canyon.
Aug. 8, 2024
Murphy Oil’s first-quarter production from the US Gulf of Mexico (GoM) averaged about 73,000 boe/d, the company said in a results update.
May 2, 2024
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executive_team
Murphy Oil Corp. has promoted Eric M. Hambly to president and COO and E. Ted Botner to executive vice president.
Feb. 9, 2024
Murphy Oil’s offshore production from the US Gulf of Mexico (GoM) averaged 81,000 boe/d during fourth-quarter 2023, according to the company’s latest results statement.
Jan. 25, 2024
Photo 140015470 © Hyotographics | Dreamstime.com
Vietnam
Murphy Oil’s board has sanctioned the Lac Da Vang field development offshore southern Vietnam in the Cuu Long Basin.
Nov. 3, 2023
Murphy Oil has signed production sharing contracts giving it operated interests in five deepwater blocks in the Tano Basin offshore Côte d’Ivoire.
Aug. 3, 2023
Courtesy Murphy Oil's First-quarter 2023 results presentation
The map depicts some of Murphy Oil's GoM exploration area, including Longclaw.
Murphy Oil has discovered oil in the Longclaw prospect in the Green Canyon 433 Block in the US Gulf of Mexico.
May 3, 2023
Murphy has allocated close to $335 million for development drilling and field developments projects in the Gulf of Mexico this year.
Jan. 26, 2023
Photo 46593038 © Jesus Eloy Ramos Lara | Dreamstime.com
Mexico
Murphy Oil Corp. said it failed to encounter commercial hydrocarbons after concluding drilling at a well in Block 5 of the Salina Basin in offshore Mexico.
Jan. 6, 2023

Additional content from Murphy Oil Corp.

Courtesy BW Offshore
BW Pioneer FPSO
A subsidiary of Murphy Oil has signed a purchase and sale agreement to acquire the FPSO BW Pioneer from BW Offshore for $125 million.
March 13, 2025
Courtesy Murphy Oil Corp.'s 2024 fourth-quarter earnings presentation
Murphy Oil Gulf of Mexico Exploration Area Map
Murphy has budgeted about $410 million for its US Gulf of Mexico development drilling and field development capex projects this year.
Jan. 31, 2025
ID 93850619 © Marko Bukorovic | Dreamstime.com
offshore Vietnam
Murphy Oil has discovered oil in the Hai Su Vang prospect in the Cuu Long basin offshore southern Vietnam.
Jan. 8, 2025
Courtesy Murphy Oil Corp.'s "Investor Update November 2024" presentation
Cuu Long Basin map
Murphy Cuu Long Bac Oil has contracted PTSC Asia Pacific to supply, charter and operate an FSO vessel for the Lac Da Vang oilfield development.
Dec. 3, 2024
Courtesy Murphy Oil Corp.
offshore Vietnam_credit Murphy Oil Corp
Murphy Oil provides offshore project updates in its latest results statement.
Nov. 8, 2024
ID 23010915 © Vichaya Kiatyingangsulee | Dreamstime.com
Murphy Oil Corporation Names Eric M. Hambly as President and Chief Executive Officer
Murphy Oil Corp.'s board of directors has promoted President and COO Eric M. Hambly to CEO, succeeding Roger W. Jenkins, effective Jan. 1, 2025.
Oct. 3, 2024