Murphy Oil — May 6, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-26-031363
Showing in the filing
Tupper Montney - Oil (BOPD)
“100”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 44
Other Total Net Production (BOEPD) for Q2 FY2026
“200”
Hai Su Vang-3X appraisal program full results for Q3 FY2026
“third quarter of 2026”
Chinook #8 development well gross initial pr… for FY2026
“15 MBOEPD”
Banjo and Cello fields first production for Q4 FY2027
“fourth quarter of 2027”
Wells expected to come online (Catarina, Eag… for FY2026
“An additional twenty wells”
Tupper Montney eight-well pad wells expected… for Q3 FY2026
“eight-well pad”
Offshore Canada - Oil (BOPD) for Q2 FY2026
“8,800”
Offshore Canada Total Net Production (BOEPD) for Q2 FY2026
“8,800”
Chinook #8 development well first oil for FY2026
“second half of 2026”
Chinook #8 development well for H2 FY2026
“gross initial production rate of 15 MBOEPD”
Vietnam FSO delivery to location for Q3 FY2026
“third quarter of 2026”
Lac Da Vang first oil for Q4 FY2026
“fourth quarter of this year”
Eagle Ford Shale - Oil (BOPD) for Q2 FY2026
“27,600”
Eagle Ford Shale - NGLs (BOPD) for Q2 FY2026
“5,600”
Eagle Ford Shale - Natural Gas (MCFD) for Q2 FY2026
“29,900”
Eagle Ford Shale Total Net Production (BOEPD) for Q2 FY2026
“38,200”
Gulf of America, excl. NCI - Oil (BOPD) for Q2 FY2026
“44,800”
Gulf of America, excl. NCI - NGLs (BOPD) for Q2 FY2026
“3,700”
Gulf of America, excl. NCI - Natural Gas (MC… for Q2 FY2026
“45,300”
Gulf of America, excl. NCI Total Net Product… for Q2 FY2026
“56,100”
Tupper Montney - Oil (BOPD) for Q2 FY2026
“100”
Tupper Montney - Natural Gas (MCFD) for Q2 FY2026
“329,400”
Tupper Montney Total Net Production (BOEPD) for Q2 FY2026
“55,000”
Kaybob Duvernay - Oil (BOPD) for Q2 FY2026
“4,600”
Kaybob Duvernay - NGLs (BOPD) for Q2 FY2026
“500”
Kaybob Duvernay - Natural Gas (MCFD) for Q2 FY2026
“9,300”
Kaybob Duvernay Total Net Production (BOEPD) for Q2 FY2026
“6,700”
Total Net Production, excl. NCI (BOEPD) for Q2 FY2026
“161,000 to 169,000”
Capital Expenditures, excl. NCI ($MM) for Q2 FY2026
“$350 - $430”
Exploration Expense ($ MM) for Q2 FY2026
“$70 - $110”
Total Net Production, excl. NCI (BOEPD) for FY2026
“167,000 to 175,000”
Capital Expenditures, excl. NCI ($ MM) for FY2026
“$1,200 to $1,300”
Exploration Expense ($ MM) for FY2026
“$220 - $300”
Other - Oil (BOPD) for Q2 FY2026
“200”
Eagle Ford Shale Onshore Wells Online for Q2 FY2026
“6”
Non-Op Eagle Ford Shale Onshore Wells Online for Q3 FY2026
“6”
Non-Op Eagle Ford Shale Onshore Wells Online… for FY2026
“6”
Eagle Ford Shale Onshore Wells Online for Q3 FY2026
“14”
Eagle Ford Shale Wells Online for FY2026
“14”
Kaybob Duvernay Onshore Wells Online for Q2 FY2026
“4”
Kaybob Duvernay Onshore Wells Online Total for FY2026
“4”
Eagle Ford Shale Onshore Wells Online Total for FY2026
“35”
Tupper Montney Onshore Wells Online for Q3 FY2026
“8”
Tupper Montney Onshore Wells Online Total for FY2026
“8”
Exhibit 99.1 · the passage around this item
… earlier in the release
3 2Q 2026 PRODUCTION AND CAPITAL EXPENDITURE GUIDANCE The table below illustrates second quarter 2026 guidance. 2Q 2026 Guidance Producing Asset Oil (BOPD) NGLs (BOPD) Natural Gas (MCFD) Total (BOEPD) Eagle Ford Shale 27,600 5,600 29,900 38,200 Gulf of America, excl. NCI 44,800 3,700 45,300 56,100 Tupper Montney 100 — 329,400 55,000 Kaybob Duvernay 4,600 500 9,300 6,700 Offshore Canada 8,800 — — 8,800 Other 200 — — 200 Total Net Production, excl. NCI 1 (BOEPD) 161,000 to 169,000 Capital Expenditures, excl. NCI 2 ($MM) $350 - $430 Exploration Expense ($ MM) $70 - $110 Full Year 2026 Guidance Total Net Production, excl. NCI 3 (BOEPD) 167,000 to 175,000 Capital Expenditures, excl. NCI 4 ($ MM) $1,200 to $1,300 Exploration Expense ($ MM) $220 - $300 1 Excludes noncontrolling interest of MP GOM of 5,200 BOPD of oil, 200 BOPD of NGLs and 1,700 MCFD natural gas 2 Excludes noncontrolling interest of MP GOM of $20 million 3 Excludes noncontrolling interest of MP GOM of 5,700 BOPD of oil, 200 BOPD of NGLs and 1,700 MCFD natural gas 4 Excludes noncontrolling interest of MP GOM of $53 million The table below details the 2026 onshore well delivery plan by quarter. 2026 Onshore Wells Online 1Q 2026A 2Q 2026E 3Q 2026E 4Q 2026E 2026E Total Eagle Ford Shale 15 6 14 – 35 Kaybob Duvernay – 4 – – 4 Tupper Montney – – 8 – 8 Non-Op Eagle Ford Shale – – 6 – 6 Note: All well counts are shown gross. Eagle Ford Shale non-operated working interest averages 17 percent. CONFERENCE CALL AND WEBCAST SCHE
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.