Murphy Oil Announces Offshore Discoveries and Production Starts

Murphy Oil Corporation announced a series of offshore oil discoveries and the commencement of production across three global regions. In the Gulf of Mexico, the company began producing from the Chinook #8 development well in Walker Ridge Block 425 via the Pioneer floating production vessel, reaching an initial gross rate of approximately 15 thousand barrels of oil equivalent per day.

In Vietnam, the company achieved first oil from the Lac Da Vang field on September 27, 2026. Murphy Oil expects peak production at this field to reach 10-15 thousand barrels of oil equivalent per day by 2028-2029. The company also reported that the Lac Da Trang North-1X exploration well encountered 131 feet of net oil pay.

Additionally, the company reported success in Côte d’Ivoire, where the Bubale West-1X well in Block CI-103 encountered 88 feet of net oil pay in the Turonian reservoir.