Exploration & Development

Murphy Oil Corp.
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Companies

Murphy plans 25% capex ramp for 2025

Jan. 30, 2025
Work in the Gulf of Mexico will receive more than $400 million while Eagle Ford assets will get $360 million. Executives think issues from a “pretty rough” quarter of operations...

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Petronas makes offshore East Java FID

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Petronas subsidiary PC North Madura II Ltd. reached a positive final investment decision (FID) for development of Hidayah field in the North Madura II Contract Area, offshore ...
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Alaska
Government

US government’s ANWR lease sale a bust; no companies bid for tracts

Jan. 9, 2025
The US Bureau of Land Management received no bids for the congressionally mandated oil and gas lease sale offering 400,000 acres in the coastal plain of Alaska’s Arctic National...
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Murphy discovers oil in Cuu Long basin

Jan. 8, 2025
Murphy Oil drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in Cuu Long basin, 40 miles offshore Vietnam.
Exploration & Development

LLOG advances Salamanca development project

Jan. 8, 2025
LLOG Exploration Co. LLC has advanced work on the Salamanca project in the Gulf of Mexico.
Area Drilling

Repsol resumes Libya exploratory drilling

Jan. 7, 2025
Repsol resumed exploration in the Murzuq basin.