Houston-based independent Murphy Oil Corp.’s recent wells at its Eagle Ford Shale and Tupper Montney acreage in Western Canada are “exceeding production expectations,” management said earlier this month. The producer “continues to successfully execute a significant and intricate project in the Gulf of Mexico, while our onshore team has enhanced production volumes and accelerated returns…
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Murphy Raising Capex as Eagle Ford Well Count Expands, Major GOM Projects Advance
Murphy Oil Corp., whose portfolio extends across North America’s onshore, into the offshore and overseas, is raising its capital spending this year, with an eye on pumping up oil and natural gas volumes. The management team of the Houston-based independent provided some insight on the strategy for 2022 during a recent conference call to share…
February 2, 2022
Murphy Looking to Drill Austin Chalk in Texas
U.S. independent Murphy Oil Corp. plans to drill in the Austin Chalk formation in South Texas later this year, with an eye to derisking about 100 more locations in the play. The company plans to drill four wells on its Eagle Ford Shale acreage in the fourth quarter, one of which is to target the…
August 17, 2021
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