Rigel (MC252) - Murphy

  • Type: Rig
  • asset
  • Latitude: 28.7646667
  • Longitude: -88.3716667

Location

The Rigel (MC252) project is located in the federal offshore waters of the United States. Specifically, it is situated in the Gulf of Mexico.

Operator

The project is operated by Murphy Oil Corporation, an independent oil and natural gas exploration and production company.

Asset Type

Rigel (MC252) is an oil and gas asset, indicating that it involves the production of both crude oil and natural gas.

Operational Status

As of the latest information, the Rigel (MC252) project is an operating asset, meaning it is currently in production.

Parent Company Overview

Murphy Oil Corporation is headquartered in Houston, Texas, and has a focused portfolio of onshore and offshore assets. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol MUR.

Recent Activities and Financials

While specific financial details for the Rigel (MC252) project alone may not be readily available, Murphy Oil Corporation has recently reported on its overall financial and operating results. For example, in the third quarter of 2024, the company announced net income and initiated various strategic activities such as share repurchases and debt tender offers.

Management and Leadership

As of October 2024, Eric M. Hambly has been appointed as the President and Chief Executive Officer of Murphy Oil Corporation, succeeding Roger W. Jenkins who retired after 11 years in the role.

Sustainability and Governance

Murphy Oil Corporation places emphasis on sustainability and corporate governance. The company releases annual sustainability reports and proxy statements, which can provide additional context on its operational practices and governance structure.

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