Murphy Oil expects its newly acquired deepwater Gulf of Mexico assets from
LLOG Exploration Offshore to average net production of 22,000-24,000 boe/d in
June, accounting for a planned curtailment from a third-party downstream pipeline.
Following the temporary outage, the company anticipates production for H2 to
be 31,000-33,000 boe/d. After an assessment by third-party reserve engineers,
the assets proved reserves were increased 13% to 73 MMboe. Murphy recently
completed its acquisition of $1.2 billion in deepwater assets from LLOG Exploration
Offshore. Murphy......
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