Murphy Oil fails to find oil at exploration well offshore Mexico

Jan. 06, 2023 10:29 AM ETMurphy Oil Corporation (MUR)By: Carl Surran, SA News Editor2 Comments

Oil platform on the ocean. Offshore drilling for gas and petroleum

NiseriN/iStock via Getty Images

Murphy Oil (NYSE:MUR) said Friday it failed to encounter commercial hydrocarbons after concluding drilling operations at an exploration well in Block 5 of the Salina Basin offshore Mexico.

The company is the operator and owns

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