Skip to main content HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp Investor Presentation | Shale Experts
Loading...
Database
Slide Database

HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp

Murphy Oil Corp · Mar 21, 2010 · 29 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 1
    Howard Weil 2010 Energy Conference David Wood President and Chief Executive Officer March 21-25, 2010 1
  2. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 2
    Murphy Global Operations 2
  3. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 3
    Time to look forward Murphy successfully weathered market downturn Emerged still financially strong Solid balance sheet Cash on hand Production growth locked in Increased the diversity of our business Added resource…
  4. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 4
    2010 Goals Continuing production growth Project delivery and execution Unlocking value from resource plays Drive costs down Identify the sweet spots Getting back into the exploration business More activity Oil weighting…
  5. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 5
    Drill Bit - Driven Production Growth Oil Production Gas Production CANADA GULF OF MEXICO MALAYSIA CONGO Kikeh Oil Tupper Thunder Hawk Sarawak Gas 2007 4Q - 2008 1Q - 2009 2Q - 2009 3Q - 2009 4Q - 2009 Kikeh Gas…
  6. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 6
    Kikeh Field Update Plateau rate of 120,000 BOPD reached in Dec. 2008 Natural gas production commenced Dec. 2008 Supplies third party methanol plant Tie-back options for maximum facility utilization 6
  7. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 7
    Thunder Hawk GOM Miss. Canyon Block 734 37.5% W.I. 3 wells producing Drill 4th producer mid 2010 Facility performing well 7
  8. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 8
    Azurite Republic of the Congo New technology - FDPSO First production Aug. 2009 Current production 15,000 BOPD Development drilling ongoing 8
  9. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 9
    Sarawak Natural Gas - Malaysia First production Sept. 2009 Currently producing 250,000 mcfpd Two-phase development Gas sales to LNG plant 9
  10. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 10
    North American Natural Gas Build a 10 TCF business Focus on low cost areas Minimize above ground issues EFS and Montney Ramp up of production tied to profitability Compliment global oil exploration business Risk and timing…
  11. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 11
    Montney Shale Development Tupper Main & Tupper West 125,000 net acres Tupper Main production Tupper West Gas Plant Site commenced Dec. 2008 Currently producing 90 mmcfpd Tupper 2 rigs in operation Gas Plant Tupper West…
  12. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 12
    Eagle Ford Shale South Texas Nearing 200K net acres Estimated 3 TCFE (50% risked) Prod. rate assumptions IP = 7 MMcfde EUR = 5-6 bcf/well Similar to Petrohawk 2 rigs currently in operation 12+ wells planned for 2010…
  13. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 13
    Murphy Eagle Ford Shale Acreage 13
  14. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 14
    2009 Discoveries Oil Gas Samurai (GC 432/476) E. Patricia (Block SK 309) Turquoise (MPS Block) Siakap North (Block K) Oil Gas 14
  15. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 15
    2010: Stepped up Exploration Gulf of Mexico Mississippi Canyon & Green Canyon oil opportunities EGOM Upper Miocene gas prospects Suriname Multiple large-potential oil prospects Republic of the Congo Follow-on oil…
  16. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 16
    2010 Exploration Wells 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter GOM - Deep Blue GOM - DC Block 4 GOM - Photo Finish GOM - Emerald GOM - Samurai Appraisal MALAYSIA - Patricia No.10 Block H No.1 Block H No.2 CONGO - MPS…
  17. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 17
    U.S. GOM Deep Blue (Nautilus) Prospect Water Depth: 5,100 PTD: 31,000 Noble Energy - operator Nautilus Murphy interest = 9.375% across 5 blocks Caesar Potential: 130 400 MMBO Deep Blue Spud well Nov. 09 Lower Miocene…
  18. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 18
    Gulf of Mexico DeSoto Canyon Acreage 1006 DC4 No.1 Viosca Knoll Location DC 4 natural gas prospect DeSoto Canyon Add-on potential to Mississippi Canyon 3 4 Dalmatian development King Field 47 48 Dalmatian Discovery…
  19. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 19
    Malaysia - Block H Oil Field Gas Field Oil and gas prospects Prospects ROTAN BLOCK H Drill 2Q 2010 BLOCK P Existing natural gas BIRIS discoveries BLOCK K Potential for large BLOCK L KIKEH gas development BLOCK M…
  20. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 20
    Suriname Block 37 Murphy W.I. 100% Water Depth: 45m 300m Upper and Lower Cretaceous targets 100 m Block 37 50 m Drill 2 wells 4Q 2010 Tambaredjo Field 20
  21. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 21
    Congo Drilling MPS Block MPS Cobalt Punda Turquoise Discovery Saphir Muhanga Diamant Onyx 10 km Development Azurite License Area Malachite Field Beryl Prospects 21
  22. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 22
    Congo Drilling MPN Block Drill 4Q 2010 Murphy W.I. 100% 100+ MMBO pre-drill target 22
  23. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 23
    Indonesia - Semai II Exploration Murphy W.I. 33.33% Multiple large structures Oil and Gas 3D seismic 4Q 2009 First well 4Q 2010 23
  24. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 24
    Downstream 24
  25. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 25
    Murphy USA 1,055 IN OPERATION 997 Murphy USA (Wal-Mart) 58 Murphy Express (Stand-Alone) Retail Sites 25
  26. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 26
    2009 Market Share
  27. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 27
    Ethanol Plant - Hankinson, ND Acquired Oct. 2009 110 MM gallon annual capacity Near corn supply with rail access 27
  28. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 28
    Murphy Recap . Strengthening global footprint Diversified portfolio Strong balance sheet Continuing production growth Oil plus gas Unlocking value from resource plays Stepped up exploration activity US Retail growth 28
  29. HOWARD WEIL 2010 ENERGY CONFERENCE – Murphy Oil Corp – slide 29
    29

From the store

Browse maps, data & reports in the Shale Experts store