Murphy Oil Corporation (NYSE: MUR) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas reserves. Founded in 1950 and headquartered in El Dorado, Arkansas, Murphy Oil pursues upstream opportunities across three primary geographies: onshore North America, the deepwater Gulf of Mexico and offshore Malaysia. The company’s portfolio includes operated and non-operated assets that span conventional and unconventional reservoirs, producing a balanced mix of crude oil, natural gas liquids and natural gas.
In North America, Murphy holds acreage positions in prolific basins such as the Eagle Ford Shale in Texas and the Bakken Formation in North Dakota. These onshore assets complement deepwater Gulf of Mexico projects where the company has participated in major discoveries and operates subsea developments. Internationally, Murphy’s interests in Malaysia center on the Kikeh field in Block G, which represents one of the company’s largest offshore production hubs. Across all regions, Murphy employs advanced seismic imaging and directional drilling techniques to optimize recovery from both mature and emerging fields.
Throughout its history, Murphy Oil has pursued a strategy of portfolio optimization and disciplined capital allocation. In 2013, the company completed the spin-off of its retail and refining business, forming Murphy USA, to sharpen its focus on upstream operations. Since that time, Murphy has prioritized cost efficiencies, technology deployment and safety performance to enhance reserve replacement and drive sustainable production growth. Environmental stewardship and community relations are embedded in the company’s operational framework, guiding efforts to reduce emissions, protect marine habitats and engage local stakeholders.
Leadership at Murphy Oil is led by President and Chief Executive Officer Roger W. Jenkins, who brings decades of upstream industry experience and has guided the company through market cycles and strategic transitions. Under his direction, Murphy continues to explore value-enhancing acquisitions and joint ventures while maintaining a strong balance sheet and flexible operating model. With a track record spanning more than seven decades, Murphy Oil remains committed to responsible resource development and long-term shareholder value creation through disciplined exploration, development and production.
AI Generated. May Contain Errors.
