Murphy

Murphy Oil Corp. on Tuesday said it has snapped up producing deepwater Gulf of Mexico (GOM) assets from units of LLOG Exploration Co. for $1.375 billion.

To keep its focus — and capital — on a U.S. portfolio concentrated in the Gulf of Mexico (GOM) and the Eagle Ford Shale, Murphy Oil Corp. on Thursday said it is exiting Malaysia in a deal worth more than $2 billion.

Murphy Oil Corp. has formed a pact with a unit of Brazil’s Petróleo Brasileiro SA, aka Petrobras, to build a substantial outpost in the U.S. Gulf of Mexico (GOM).

The Oklahoma Corporation Commission has unanimously elected Commissioner Dana Murphy as its new chairman, and Commissioner Todd Hiett as vice chairman. Both changes will take effect on Feb. 1. Murphy will succeed Commissioner Bob Anthony as chairman. Murphy has served as a commissioner since January 2009 and was elected to her latest term in the 2016 election. Meanwhile, Hiett is serving his first term, which began in January 2015.

NGL Energy Partners LP is picking up natural gas liquids (NGL) assets in Louisiana and Oklahoma from the bankruptcy of Murphy Energy Corp.

Dominion East Ohio (DEO) said it believes increased natural gas production from the Marcellus and Utica shales, both in Ohio and in neighboring states, will help ensure that the company has sufficient supplies with stable prices during the current winter heating season.

As natural gas production steadily increases in the Utica Shale and a new joint venture (JV) emerges to handle midstream services, the business model for Dominion East Ohio (DEO), whose operations run through the heart of the shale play, is forecast to change in some areas, but not in others.

A unit of NET Holdings Management LLC has struck a long-term, fee-based gas transportation agreement with Murphy Exploration & Production Co. — USA that includes a 100,000-acre dedication in the dry gas window of the Eagle Ford Shale, NET said Monday.

Chevron, Conoco and Murphy Exploration & Production claim the federal government has tied into a “proverbial Gordian Knot” their efforts to develop nine leases in the Destin Dome 56 project, 25 miles offshore Pensacola, FL.