Murphy Oil sees Q2 production 173 to 181 MBOEPD

Production for second quarter 2023 is estimated to be in the range of 173 to 181 MBOEPD with 95 MBOPD, or 54 percent, oil volumes. This range includes planned downtime of 6.7 MBOEPD offshore and 3.0 MBOEPD onshore. Murphy forecasts second quarter accrued CAPEX of $320M. Both production and CAPEX guidance ranges exclude NCI.

Published first on TheFly

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