MURPHY Oil has agreed to pay $3.3 million for the assets associated with the Clipper field in the deep-water US Gulf out of the liquidation proceedings of Bennu Oil & Gas, successor to the now-defunct ATP Oil & Gas, writes Kathrine Schmidt.

The sale includes the part of Green Canyon 300 covering a pair of wells, as well as subsea production systems, umbilicals and risers connecting to Murphy’s operated Front Runner spar in Green Canyon 338.