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Murphy Oil Corporation is a company engaged in hydrocarbon exploration headquartered in Houston, TX. The company recently closed all other offices in El Dorado, AR and Calgary, Alberta. In the 2020 Forbes Global 2000, Murphy Oil was ranked as the 1860th -largest public company in the world. As of December 31, 2019, the company had 825 million barrels of oil equivalent of estimated proved reserves, of which 51% was petroleum, 42% was natural gas, and 7% was natural gas liquids. 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. 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. The company’s Canadian operations are mostly heavy crude oil projects in the Western Canadian Sedimentary Basin.
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- Date Uploaded December 31, 2023
- Categories Company, Oil & Gas
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