Murphy Oil Corp said on Friday it failed to encounter commercial hydrocarbons after concluding drilling at a well in Block 5 of the Salina Basin offshore Mexico.
The company is the operator and holds a 40% working interest in Block 5, while Malaysia's state oil firm Petronas and Germany's Wintershall Dea each hold a 30% working interest in the partnership.
Murphy Oil started drilling in the Block 5 exploration well last year.
(Reuters - Reporting by Arunima Kumar; Editing by Shounak Dasgupta)