With a focus on spending within cash flow, Murphy Oil said 2020 capital spending will range $1.4-1.5 billion. Its primary focuses are the Eagle Ford, where it will spend $680 million, and the Gulf of Mexico, where it will deploy about $435 million. It will also spend $175 million in its Canada onshore business in the Kaybob Duvernay, Tupper Montney and Placid Montney plays. The annual budget comes down from more than $2.6 billion......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.