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Murphy Oil Corporation

Murphy Oil Corporation
Public company
Traded as MUR
S&P 500 Component
Industry Petroleum industry
Founded Louisiana, United States
Headquarters El Dorado, Arkansas
Key people
Claiborne P. Deming (Chairman)
Roger Jenkins (CEO)
Products Petroleum
Natural gas
Production output
175.6 thousand barrels of oil equivalent (1,074,000 GJ) per day
Revenue DecreaseUS$1.809 billion (2016)
Increase -US$0.273 billion (2016)
Increase -US$0.275 billion (2016)
Total assets DecreaseUS$10.295 billion (2016)
Total equity DecreaseUS$4.916 billion (2016)
Number of employees
1,294 (2016)
Website murphyoilcorp.com

Murphy Oil Corporation is a petroleum and natural gas exploration company headquartered in El Dorado, Arkansas. The company also has operating offices in Houston, Texas, Calgary, Alberta, and Kuala Lumpur, Malaysia.

As of December 31, 2016, the company had 684 million barrels of oil equivalent (4.18×109 GJ) of estimated proved reserves, of which 48% was petroleum, 48% was natural gas, and 5% was natural gas liquids.

The company's developed reserves are in the United States, Canada, and Malaysia. The company also has undeveloped reserves in Australia, Brunei, Vietnam, Namibia, Indonesia, Equatorial Guinea, and Spain.

In the United States, the company's reserves are primarily in the Eagle Ford Shale area of South Texas and in the deepwater Gulf of Mexico.

The company's Canadian operations are mostly heavy oil projects in the Western Canadian Sedimentary Basin.

Of the company's 2016 production of 175.6 thousand barrels of oil equivalent (1,074,000 GJ) per day, 59% was petroleum, 5% was natural gas liquids, and 36% was natural gas.


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