Strategy


At Murphy Oil, we have a long history of exploration, and a consistent track record of operating in a smart, cost-efficient manner. We utilize small, nimble teams capable of adapting fluidly whenever necessary, and we have demonstrated the ability to proceed quickly from discovery to first oil. All of which has enabled us to amass a balanced portfolio and a high acreage position for a company our size.

Our formula for success:

  • Develop differentiated perspectives in underexplored basins and plays
  • Continue to be a preferred partner to NOCs and regional independents
  • Balance our offshore business by developing unconventional onshore plays in North America
  • Develop and produce fields in a safe, responsible, timely, and cost-effective manner
  • Achieve and maintain a sustainable, profitable, oil-weighted portfolio