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Murphy Oil
 | |
 Murphy Oil's Houston office, currently the global headquarters | |
| Company type | Public company |
|---|---|
| Industry | Petroleum industry |
| Predecessor | CH Murphy & Co. |
| Founded | 1944 |
| Founder | Theodosia Murphy Nolan, Bertie Murphy Deming Smith, and Charles H. Murphy Sr.[1] |
| Headquarters | Houston, Texas, United States |
Key people | Claiborne P. Deming, Chairman Roger Jenkins, CEO |
| Products | Petroleum Natural gas |
Production output | 167.356 thousand barrels of oil equivalent (1,023,860 GJ) per day (2021) |
| Revenue |  $2.801 billion (2021) |
| -$73.7 million (2021) | |
| Total assets |  $10.305 billion (2021) |
| Total equity | $4.157 billion (2021) |
Number of employees | 696 (2021) |
| Website | www |
| Footnotes / references [2] | |
Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas.[2]
The company is ranked 625th on the Fortune 500[3] and 1860th on the Forbes Global 2000.[4]
As of December 31, 2020, the company had 714.9 million barrels of oil equivalent (4.374×109 GJ) of estimated proved reserves, of which 51% was petroleum, 42% was natural gas, and 7% was natural gas liquids.[2]
The company's developed reserves are in the United States and Canada. The company also has undeveloped reserves in Australia, Brazil, Brunei, Mexico, and Vietnam.[2]
In the United States, the company's reserves are primarily in the Eagle Ford Group area of South Texas and in the deepwater Gulf of Mexico.[2]
The company's Canadian operations are mostly heavy crude oil projects in the Western Canadian Sedimentary Basin.[2] Murphy’s East Coast Canada assets are located offshore Newfoundland in two producing oil fields in the Jeanne d’Arc Basin. The company holds a 6.5% non-operated working interest in Hibernia and 18% non-operated working interest in Terra Nova.[5]
Of the company's 2020 production of 174.636 thousand barrels of oil equivalent (1,068,400 GJ) per day, 59% was petroleum, 5% was natural gas liquids, and 36% was natural gas.[2]
- ^ Roberts, Jeannie. "Murphy Oil founder Polly Winter, 92, dies". Arkansas Democrat Gazette. Arkansas Online.
- ^ a b c d e f g "Murphy Oil Corporation 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "Fortune 500: Murphy Oil". Fortune.
- ^ "Forbes Global 2000". Forbes.
- ^ https://www.murphyoilcorp.com/operations_listing/offshore-canada/
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