Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2021
Murphy Oil to Keep 2021 Spending, Production Near 2020 Levels
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In its presentation at the Goldman Sachs Global Energy Conference, Murphy Oil Corp. outlined its capital and production plans for 2021.
The company noted that it largely plans to keep spending and production flat to 2020 levels. Given that, below are the guidance approximations for Murphy for 2021:
- 2021 Capital Budget: $700 million (flat vs. 2020)
- 2021 Production: 155,000 BOEPD (+3% vs. 2020)
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Capital Expenditure - 2021
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