Murphy Hits Oil Ahead of Schedule in Gulf of Mexico Project
- Project can produce as much as 85,000 barrels of oil per day
- Murphy is the fifth-largest oil producer in the Gulf of Mexico
Chief Executive Officer Roger Jenkins
Photographer: Aaron M. Sprecher/BloombergThis article is for subscribers only.
Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule.
The offshore and shale oil producer on Tuesday said its King’s Quay floating production platform started generating oil from the first two wells in the Khaleesi, Mormont and Samurai fields off the coast of Louisiana. The company is working to complete the remaining five wells in the project.