Murphy Oil Corporation Achieves Appraisal Success at Hai Su Vang Field, Unlocking Significant Resource Upside
Murphy Oil Corporation (MUR)
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary has successfully drilled the Hai Su Vang-2X (HSV-2X) appraisal well in Block 15-2/17 in the Cuu Long Basin, located approximately 40 miles offshore of Vietnam. The well spud in early October 2025 and marks a major milestone in Murphy’s strategic appraisal campaign for the Hai Su Vang (Golden Sea Lion) field.The HSV-2X well was drilled to appraise the 2025 Hai Su Vang discovery, where the initial discovery well encountered approximately 370 feet of net oil pay across two reservoirs. The HSV-2X well encountered 429 feet of net oil pay across the same two reservoirs, including 332 feet of net oil pay in the deeper primary reservoir and 97 feet of net oil pay in the shallow reservoir.Within the primary reservoir, the HSV-2X appraisal well deepened the proven oil-down-to by 413 feet without encountering water, extending the total hydrocarbon column to approximately 1,600 feet. Formation eva
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News
- Murphy Oil Makes Southeast Asia's Largest Oil Discovery in 20 Years [Yahoo! Finance]Yahoo! Finance
- Murphy Oil's Vietnam Find And Debt Rework Might Change The Case For Investing In MUR [Yahoo! Finance]Yahoo! Finance
- Murphy Oil Corporation Announces Pricing of $500 Million of 6.500% Senior Notes Due 2034Business Wire
- Murphy Oil Corporation Announces Offering of $500 Million of Senior Notes Due 2034Business Wire
- Murphy Oil: Appraisal Well Is A Solid Base Hit [Seeking Alpha]Seeking Alpha
MUR
Earnings
- 11/5/25 - Beat
MUR
Sec Filings
- 1/12/26 - Form 424B5
- 1/8/26 - Form FWP
- 1/8/26 - Form 424B5
- MUR's page on the SEC website