US Gulf of Mexico
Murphy produces oil and natural gas from several operated and non-operated fields across more than 100 blocks in the Gulf of Mexico. In 2018, the company closed a significant transaction of deepwater assets with Petrobras America Inc., leading to the creation of its subsidiary MP Gulf of Mexico, LLC (MP GOM). Murphy oversees operations and maintains 80% ownership of MP GOM. Murphy closed a second significant deepwater transaction in 2019 with LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C. (LLOG). These acquired assets are fully owned by Murphy and not part of MP GOM.
Murphy also has several exploration prospects across 51 blocks in the Gulf of Mexico to augment its producing infrastructure with nearfield exploration.