Operator · Montney Shale
Murphy Oil Corp
80 articles mentioning Murphy Oil Corp · Page 3 of 4
Murphy Oil Announces Retirement of VP; Two Execs Assume Duties
Murphy Oil announced that Eugene T. (Gene) Coleman, Executive Vice President, Exploration & Business Development, has elected to retire effective February 28, 2019, after 17 years of service at Murphy and more than 38 years of...
Eagle Ford Operator to Frac 90 Wells in 2019; Up 100% from 2018
Murphy Oil provided a look into its 2019 development for the Eagle Ford. This program seems to be in stark contrast to what other Eagle Ford operators have announced so far this year. Eagle Ford Shale...
Murphy Talks 4Q 2018 Results and 2019 Development Plans
Murphy Oil has detailed its 2019 capital program as well as its Q4 2018 results. 2019 Corporate Plans - 2019 Capex: $1.25-1.45 billion (up +28% at the midpoint from 2018) For 2019, Murphy is allocating $878...
Murphy Oil, Petrobras Finalize Deepwater GOM JV
Murphy Oil has finalized its strategic deep water Gulf of Mexico joint venture with Petrobras for adjusted cash consideration of approximately $795 million (down from $900 million). The deal was first struck back in mid-October 2018....
Murphy Oil Negotiating Potential Sale of Entire Malaysian Portfolio
Murphy Oil is currently in negotiations to potentially sell off its entire portfolio of Malaysian assets, according to a report by Reuters. The talks were initiated by an unsolicited bid from an unknown entity. According to...
Murphy Touts IP30s in Duvernay Appraisal, GOM Sidetrack Success, New King Cake Well
Murphy Oil reported its Q3 2018 results. Kaybob Duvernay - Advances Appraisal Program; Touts IP30 Averages The company brought ten operated wells online across the Kaybob Duvernay acreage: a five well pad in Kaybob West, a...
Murphy Ups 2018 Well Plans for Duvernay; Touts IP30s at Karnes Eagle Ford Pad
Murphy Oil reported its Q2 2018 results. Kaybob Duvernay - Adds $50MM to Capex to Drill More Wells Murphy saw an 108% increase in Kaybob Duvernay production YOY in Q2. The company also added $50 million...
Murphy Oil Details Several Executive Changes
Murphy Oil is announcing the following organizational changes, effective September 1, 2018. Eric M. Hambly, currently Senior Vice President, U.S. Onshore, of the company's wholly owned subsidiary, Murphy Exploration & Production Company, has been elected Executive...
Murphy's Duvernay Production Up 92% YOY; Ups Planned Eagle Ford Spending
Murphy Oil reported its Q1 2018 results including operations in the South Texas Eagle Ford, Canada Duvernay and offshore Gulf of Mexico
Murphy Names New Vice President - Tax
Murphy Oil has elected Louis W. Utsch as its VP - Tax by the company's board of directors. He is succeeding Tim F. Butler, who is retiring. Mr. Utsch joined the company on January 30, 2018,...
Murphy Oil Taps New CFO
Murphy Oil has tapped David R. Looney to serve as its EVP and CFO. Looney will succeed John W. Eckart who previously announced his intention to retire from the company later this year. The company also...
Murphy Oil CFO to Retire
Murphy Oil CFO John W. Eckart announced that he intends to retire in 2018. Currently, Murphy has a search process underway to identify Mr. Eckart's successor. About Eckart: Mr. Eckart joined Murphy in 1990 as Auditing...
Murphy Talks 2018 Development; Eagle Ford Activity Down -50% YoY; Duvernay Up
Murphy reported its 2018 capital plans. 2018 Budget / Plans - 2018 Capex: $1,056 million (up +12% from $940 million spent in 2017) For 2018, Murphy has allocated $650 million of capital (62%) to its North...
Murphy Touts Entry into Midland Basin in Q3; Slightly Ups 2017 Capex to $940MM
Murphy Oil reported its Q3 2017 results. Highlights include: Increased 2017 capex to $940 million (up +6% from $890 million originally planned) North American onshore business produced 86 Mboepd in Q3 (51% liquids) Midland Basin Entry...
Murphy Increases 2017 Capex by $50MM; Brought Online 27 Eagle Ford Wells
[Summary: Murphy Oil released its Q3 results and highlights include: North American on shore production was 86 mboe/d Increased its FY 2017 capex guidance $50 million to $940 million Murphy Oil reported its Q3 results. Average...
GOM Operator Enters the Permian; Acquires 40,000 Acres
Murhpy Oil disclosed during its third quarter earnings call, that the company entered the Permian Basin. Midland Basin – During the third quarter, Murphy was the high bidder on two tracts in the University Lands Lease...
Operator Touts Duvernay Well with IP30 of 1,800 BOEPD
Murphy Oil has released its Q2 17 operational and financial updates Strong Duvernay Well and Appraisal Plans -Drilled a company record well in the Duvernay, which acheived a IP30 rate approaching 1,800 boe/d 7,400' lateral length...
2017 Duvernay Drilling Update : Top Operator Cuts Activity 45%
Today in our Duvernay Drilling update, we are taking a look at the first six (6) months of drilling activity. Our most recent activity saw Trilogy selling part of its Duvernay asset for $60 million to...
Armed with Strong Hedge Books and Lower D&C Costs, Companies Not Slowing Down Despite Low Oil Price
Q2 results will not be out for another month and there's great speculation as to how companies will respond to the falling oil price. Last week, at the JP Morgan Energy Equity Conference, companies answered questions...
Even at Low Oil Price, Eagle Ford Operator on the Hunt for Acquisitions
At the 2017 JP Morgan Enery Equity Conference, Murphy Oil President and CEO, Roger Jenkins delivered Murphy's strategy for operating in a $40/bbl price environment. For the remainder of 2017, Murphy will keep its capital budget...