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Murphy Oil spotlights Lac Da Vang project, targets first oil in 4Q 2026

PUBT·09/09/2026 11:26:59
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Murphy Oil spotlights Lac Da Vang project, targets first oil in 4Q 2026
  • Murphy outlined its strategy at the Barclays 40th Annual Energy-Power Conference.
  • 2Q 2026 production totaled 169 MBOEPD; 50% oil, 7% NGLs, 43% natural gas.
  • Liquidity stood at about $2.5 billion; free cash flow reached $110 million; leverage held at 0.9x.
  • Capital spending guidance increased to a midpoint of $1.55 billion, citing Côte d’Ivoire activity, Eagle Ford acceleration, Chinook #8 work.
  • Lac Da Vang remained on track for first oil in 4Q 2026; estimated gross recoverable resource of 100 MMBOE.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Murphy Oil Corporation published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.