Murphy Oil sold non-core assets in western Canada for $104 million in cash, with proceeds earmarked for new development in Africa and Asia.
Murphy USA Inc.’s board of directors declared a quarterly cash dividend on the company’s common stock of $0.39 per share.
Hibernia Management and Development Company Ltd. (HMDC) acknowledged about 75 bbl of crude discharged into the Atlantic from Hibernia Platform.
Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil.
Murphy declared a dividend of $0.38 per share, which will be payable on June 1.
Here is a roundup of some of the major deepwater projects across the globe. The second in a four-part series, Hart Energy details projects scheduled to come online in Australasia from 2025 through 2030.
Murphy Oil increased production and pay down debt with the help of King’s Quay project going onstream in the Gulf of Mexico and high output from new Eagle Ford wells.