Murphy Oil
Company engaged in hydrocarbon exploration / From Wikipedia, the free encyclopedia
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Murphy Oil Corporation is a company engaged in hydrocarbon exploration headquartered in Houston, Texas.[2]
Company type | Public company |
---|---|
Industry | Petroleum industry |
Predecessor | CH Murphy & Co. |
Founded | 1944; 80 years ago (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] |
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]
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]