Murphy Oil — May 6, 2026 release

Onshore Oil Production (BOPD) Total Production (BOEPD) Eagle Ford Shale 28,500 39,900 Tupper Montney 200 61,900 Kaybob Duvernay 2,800 4,400 Eagle Ford Shale – Brought online fifteen new we lls, including twelve in Karnes and three in Catarina. An additional twenty wells are expected to come online in Catarina during the remainder of 2026. Onshore Cana da – Progressed drilling a four-well pad in Kaybob Duvernay and brought wells online subsequent to quarter end. In Tupper Montney, progressed an eight-well pad with wells expected to come online in the third quarter of 2026. OFFSHORE OPERATIONS SUMMARY Excluding NCI, the offshore business produced approximately 68 MBOEPD in the first quarter of 2026, which included 88 percent liquids. Offshore Oil Production (BOPD) Total Production (BOEPD) Gulf of America 46,600 58,800 Canada 9,000 9,000 Gulf of America – Spud the Chinook #8 development well, targeting first oil in the second half of 2026 with a gross initial production rate of 15 MBOEPD. Vietnam – Progressed construction of the Floating Storage and Offloading vessel (FSO), which is now ready to launch and will be delivered to location in the third quarter of 2026 in line with schedule. The project is on track for first oil in the fourth quarter of this year. 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