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Murphy to accelerate Eagle Ford activity, boost capex 40%
Murphy Oil plans to increase its Eagle Ford activity in 2019. Capex has been increased 40% YOY to $600 million, including $470 million for D&C and $130 million for field development and participating in nine non-operated wells. The company plans to drill 90 operated wells in the area which is 80% more than in 2018. In Q1, Murphy will bring 14 Eagle Ford wells online while 31 will be turned to sale in Q2,......
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