Murphy has production of oil and/or natural gas from six operated fields and five non-operated fields. The U.S. producing fields include six in the deepwater Gulf of Mexico (GOM), one in Alaska, two onshore in Louisiana, and the Eagle Ford Shale area of South Texas.

In the Gulf of Mexico, Murphy operates: Thunder Hawk (62.5%) in Mississippi Canyon Block 734; Medusa (60%) in Mississippi Canyon Blocks 538/582; and Frontrunner (62.5%) in Green Canyon Blocks 338/339/382/383. Non-operating fields include: Habanero (33.75%); Mondo (50%); and Tahoe (30%). The Company holds a total of 175+ leases in the GOM with plans to drill up to 4 exploration wells in 2012, and are actively managing our portfolio to generate additional prospects to drill.

The Company is developing the Dalmatian field located in DeSoto Canyon Blocks 4 and 48 in the Gulf of Mexico. The Company has a 70% working interest in Dalmatian, where first oil and natural gas production is anticipated in mid 2014.

Onshore, the Company holds over 158,000 net acres in the Eagle Ford Shale play of South Texas where it entered the play in 2009. Production growth continues with 2012 averaging approximately 15,000 boepd and 2013 expected to exceed 35,000 boepd. The play is divided into 4 operational areas: Karnes, Tilden and Catarina all in the oil window of the play and Nueces is located in the dry gas area. The first oil development in Karnes was sanctioned in December 2010.