Murphy Oil reports Bubale-1X oil discovery offshore Côte d'Ivoire
Murphy Oil Corporation
Murphy Oil Corporation MUR | 0.00 |
- Murphy Oil reported an oil discovery at the Bubale-1X exploration well in Block CI-709, about 40 miles offshore Côte d’Ivoire.
- The well hit 100 feet of net oil pay across two reservoirs; preliminary work points to high-quality light oil.
- Bubale-1X was drilled to 20,548 feet in 7,795 feet of water.
- Evaluation moves to a next phase, with a follow-up well planned in the second half of 2026 to test the discovery’s extent.
- Murphy holds a 90% working interest in CI-709; PETROCI holds 10%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Murphy Oil Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202606221630BIZWIRE_USPR_____20260622_BW151799) on June 22, 2026, and is solely responsible for the information contained therein.
