Murphy Oil Corp - Company Profile
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Business Description
Murphy Oil Corp (Murphy) explores for and produces crude oil, natural gas, and natural gas liquids. Murphy operates its business through three reportable segments: the US, Canada and Other. In FY20221, the company’s capital expenditure stood at US$7111,183.2 million, which decreased increased 66.4% 13.96% YoY. Murphy has upstream operating offices in various cities, including Houston, Texas in the US; and Calgary, Alberta in Canada.
Geographical Segments
Overview
Owns one natural gas area (Tupper Montney), holds working interests in one operated field (Kaybob Duvernay) and one non-operated field (Placid Montney lands) Also owns working interest in Hibernia and Terra Nova fields offshore Newfoundland in the Jeanne d’Arc Basin
Performance
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Overview
Comprises oil and gas fields in Australia, Vietnam, Brunei, Brazil and Mexico In Australia, Murphy holds offshore exploration permits, including AC/P21, AC/P59 and AC/P57. In Brunei, it holds working interest in Block CA-1 and Block CA-2. In Vietnam, the company holds interest and operatorship of Blocks 144, Block 145, Block 11-2/11, Block 13-03 and Block 15-1/05. In Mexico, Murphy operates working interest in the Block 5 in deep water Salinas basin and water depths in this block range from 700 to 1,100 meters. In Brazil, it holds working interest in several blocks, including SEAL-M-351, SEAL-M-501, SEAL-M-573 and SEAL-M-428
Performance
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Overview
Produces crude oil, natural gas and natural gas liquids from fields in the Eagle Ford Shale area, South Texas and the deep water Gulf of Mexico Holds mineral rights in South Texas in Eagle Ford Shale and in the Gulf of Mexico
Performance
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