Murphy Oil News

 

Murphy drops Transocean rig

Feb 08, 2016

Murphy Oil Corp. has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig's contract was scheduled to end in November 2016. Transocean, which owns and operates the unit, says it will be compensated…

Top projects by expense for 2016

Jan 01, 2016

No. 1 – Chevron’s Big Foot Chevron’s Big Foot platform being towed to Walker Ridge. Photo from Chevron. Coming in at No. 1 on Infield System’s list of highest capex projects for…

Murphy in Thunder Bird P&A

Dec 04, 2015

Image from IOG. Murphy Oil encountered hydrocarbon pay at its Thunder Bird sidetrack well in the Gulf of Mexico, but has decided to plug and abandon the well, due to the low oil price environment…

PetroVietnam, Murphy sign MOU

Jul 14, 2015

On 8 July 2015, the general secretary of Vietnam’s communist party, Nguyen Phu Trong, witnessed the signing of important cooperation documents between enterprises of Vietnam and the US at the US Chamber of Commerce. Nguyen Xuan Son, chairman…

Murphy begins Medusa first production

May 29, 2015

Murphy Oil completed and achieved first production at its Medusa SS #6 well in the Gulf of Mexico, according to partner W&T Offshore. Medusa SS #6 is located in the Medusa Field, in Mississippi Canyon 538/582 approximately 100m south of New Orleans…

Agency lays claims against Hibernia operators

May 26, 2015

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid four charges against the consortium behind the Hibernia field after an oil spill. The charges were made against the Hibernia Management and Development…

Ikon makes first Ji-Fi sale

Feb 06, 2015

Ikon Science has inked the first sale of its Joint Impedance and Facies Inversion product (Ji-Fi) to US-based independent operator Murphy Exploration and Production Company (Murphy Oil), two months after the launch of the software in December 2014…

Murphy sells Malaysian assets

Oct 01, 2014

Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…

Murphy brings Dalmatian online

Aug 01, 2014

Production began from two “high-rate” wells at Murphy Oil’s Dalmatian development in the US Gulf of Mexico. The US-based company announced that the project came online during its 2Q 2014 earnings report. Murphy Oil said the results were “better than planned…

Murphy spuds offshore Cameroon

Feb 10, 2014

Murphy Oil has started drilling the Bamboo-1 exploration well on the Ntem concessions, offshore Cameroon, using the Ocean Confidence(pictured) fifth generation semisubmersible drilling rig. The well, about 56km off the coast, has an estimated…

Total E&P Australia discovers gas

Jul 10, 2013

Browse Basin gas discovery Total E&P Australia discovered gas at the Bassett West-1 exploration well in WA-408-P in the Browse Basin off Western Australia state. The well is about 475km north-northeast of Broome and reached 5239m TD in 368m of water…

Murphy hits oil at Dalmatian South

Nov 02, 2012

Noble Jim Day Murphy Oil has encountered oil shows at its Dalmatian South exploratory well DC 134-1 in the U.S. Gulf of Mexico, partner Ecopetrol announced on 1 November 2012.The Colombian NOC said the discovery was confirmed by electric…

Fugro-TSM Asia Pacific

Aug 17, 2012

Fugro-TSM Asia Pacific has been awarded a five-year life of field support contract in Malaysia from Murphy Oil worth in excess of $140 million. Project management and engineering will be spread between the Fugro-TSM offices in Malaysia and Singapore.

Steve Cossé stepped up from EVP to president and CEO of Murphy Oil

Jul 19, 2012

Steve Cossé has stepped up from EVP to president and CEO of Murphy Oil following the retirement of David Wood. Roger Jenkins, Murphy’s EVP for exploration & production since 2009 and a key figure in its development of the deepwater Kikeh field offshore Malaysia…

Bill Stobaugh

Mar 03, 2012

Bill Stobaugh (pictured) has been promoted to EVP corporate planning & business development at Murphy Oil Corporation. He will continue to report to president and CEO David Wood. Tom Mireles moves up to VP in Stobaugh’s team.

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