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HomeMurphy Oil

Murphy Oil

Crude Oil News

US Oil Drilling Adds 2 Rigs This Week, But Down 36 Over Last Year

January 31, 2026 Clark Savage

By Stuart Turley, Energy News Beat January 31, 2026 The latest Baker Hughes rig count report, released on January 30, 2026, shows a modest uptick in U.S. drilling activity with the total rig count climbing […]

BW Offshore
Big Oil Companies

BW Offshore sells FPSO to Murphy Oil for $125m

March 13, 2025 Mariel Alumit

Floater specialist BW Offshore has sold the FPSO BW Pioneer to US oil and gas player Murphy Oil subsidiary. The FPSO was sold for $125m which includes an initial payment of $100m upon delivery of […]

Noble
Exploration and Production

Noble wins $177m drillship extension from Murphy Oil

June 7, 2024 Mariel Alumit

Offshore drilling giant Noble Corporation has secured more work for its drillship Noble Stanley Lafosse in the Gulf of Mexico. Arkansas-based oil and gas exploration firm Murphy Oil has exercised its option to drill five […]

offshore and shale oil producer
Top News

Murphy Oil strikes first oil from new Gulf of Mexico project

April 12, 2022 Andy Del Prado

(Bloomberg) — Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule. The offshore and shale oil producer on Tuesday said its King’s Quay floating production […]

Murphy Oil GOM Platform Still On Target For Mid-2022 Start - ENB
Crude Oil News

Murphy Oil GOM Platform Still On Target For Mid-2022 Start

February 8, 2022 Mariel Alumit

The inspectors and engineers of the U.S. Bureau of Safety and Environmental Enforcement (BSEE) have conducted an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The inspection of the […]

Earnings

Murphy Oil Corporation Announces First Quarter 2021 Results

May 7, 2021 Andy Del Prado

HOUSTON–(BUSINESS WIRE)–Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2021, including a net loss attributable to Murphy of $287 million, or $1.87 net loss […]

Murphy Oil Corporation - Energy News Beat
Crude Oil News

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2020 Results, Provides 2021 Capital Expenditure and Production Guidance

January 28, 2021 Stu Turley

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per […]

Chevron Calls On Biden to Support U.S. Oil as Russia Raises Risks
Political

Biden to Order Climate Measures Including Oil Leasing Moratorium

January 27, 2021 Stu Turley

Joe Biden will sign a series of executive actions on Wednesday to combat climate change, including temporarily blocking new leases for oil drilling on federal lands and ordering other measures to overhaul U.S. energy, according […]

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