Murphy Oil’s Eagle Ford Production Grows to 39,000 boe/d in 2013

Company-wide, Oil Production Increased to ~135,000 boe/d
Murphy Eagle Ford Production

Murphy Oil’s Eagle Ford Production Growth | Click to Enlarge

In 2013, Murphy Oil originally planned Eagle Ford production of ~30,000 boe/d, but the company blew through that goal and produced an average of 39,000 boe/d for the year.

Also read: Murphy Oil’s Eagle Ford Production Hits Milestone

Murphy’s fourth quarter total oil production rose from 132,918 b/d in 2012 to 139,660 b/d in 2013 or an increase of 5%. The Eagle Ford was the primary contributor to oil production growth.

The company’s average oil production was 135,078 b/d in 2013, an increase of ~20% compared to the 2012 level of 112,591 b/d.

Murphy’s President, Roger Jenkins, confirmed production numbers in the Eagle Ford, saying, “in 2013, we continued to grow production led by our onshore Eagle Ford Shale operation, where total production averaged 39,000 net barrels of oil equivalent per day for the year.”

With oil production growth of 20%, it’s easy to see the significant impact oil plays like the Eagle Ford.

Murphy Oil at a Glance in 2013

  • Significant Production Growth in Eagle Ford in 2013
  • 39,000 net boe/d in Eagle Ford in 2013
  • ~5% Q4 oil production increase to 139,660 b/d
  • ~20% total year oil production increase to 135,078 b/d

Murphy Oil’s Eagle Ford Production in 2013

Murphy has outperformed in the Eagle Ford. At the beginning of 2013, the company had a target of 30,000 boe/d in the formation.

The company’s Eagle Ford production in 2013 well surpassed its goal, hitting 39,000 boe/d. That’s 30% higher than the company planned.

Murphy now expects to surpass 60,000 boe/d at some point in 2015.


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Kirk Eggleston

Kirk Eggleston

Contributor at
Kirk Eggleston writes on significant news developments in the Eagle Ford and Bakken Shale plays. He is a former broadcast journalist, and has experience covering news and politics in the Texas and Louisiana markets.

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