Confident Murphy Oil raises its 2022 capex

US independent remains on track for second quarter 2022 first production target from its King’s Quay development

Busy: Murphy Oil has allocated $75 million for drilling exploration wells in Brazil, offshore Mexico and Brunei in 2022 — Busy: Murphy Oil has allocated $75 million for drilling exploration wells in Brazil, offshore Mexico and Brunei in 2022Photo: MURPHY OIL

Jennifer Presley

Houston

Murphy Oil USA US Gulf of Mexico Roger Jenkins Americas

Published 27 January 2022, 21:08Updated 2 February 2022, 16:16