Resource Extraction Payment Report
Payments Overview1,2
The table below summarizes the relevant payments to governments made by Murphy Oil Corporation in the year ended December 31, 2025, by country and payment type.
For payments where the Payment Currency differs from the Reporting Currency, the conversion to U.S. dollars is based on the exchange rate as of December 31, 2025.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
|
Country
|
Taxes
|
Royalties
|
Fees
|
Production Entitlements
|
Bonuses
|
Community and Social Responsibility
|
Total Amount paid by Country
|
|
Canada
|
$
|
11.5
|
|
$
|
48.2
|
|
$
|
4.1
|
|
$
|
10.8
|
|
$
|
-
|
|
$
|
-
|
|
$
|
74.6
|
|
|
Côte d'Ivoire
|
$
|
-
|
|
$
|
-
|
|
$
|
0.1
|
|
$
|
-
|
|
$
|
-
|
|
$
|
2.3
|
|
$
|
2.4
|
|
|
United States
|
$
|
-
|
|
$
|
235.6
|
|
$
|
4.2
|
|
$
|
-
|
|
$
|
5.3
|
|
$
|
-
|
|
$
|
245.1
|
|
|
Vietnam
|
$
|
2.7
|
|
$
|
-
|
|
$
|
-
|
|
$
|
-
|
|
$
|
-
|
|
$
|
0.3
|
|
$
|
3.0
|
|
|
Total
|
14.2
|
283.8
|
8.4
|
10.8
|
5.3
|
2.6
|
325.1
|
Details of payments made to the governments of each country are provided in the following pages.
1 Murphy Oil Corporation did not make any payments for dividends or infrastructure improvement in the scope of this disclosure in 2025.
2 Amounts reported in this exhibit are shown in millions of U.S. dollars. All payments were made in the fiscal year 2025.
Murphy Oil Corporation 2025 Resource Extraction Payment Report
1
Canada
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
|
Payee Name
|
Payment Currency
|
Business Segment
|
Taxes
|
Royalties
|
Fees
|
Production Entitlements
|
Total Amount paid by Payee
|
|
Government of Canada
|
CAD
|
Canada
|
6.4
|
7.9
|
|
|
14.3
|
|
Municipal District of Greenview, Alberta
|
CAD
|
Canada
|
0.8
|
|
|
|
0.8
|
|
Government of Alberta
|
CAD
|
Canada
|
3.5
|
6.3
|
0.7
|
|
10.5
|
|
Government of Alberta
|
In-Kind1
|
Canada
|
|
|
|
10.8
|
10.8
|
|
Government of British Columbia
|
CAD
|
Canada
|
0.8
|
12
|
3.2
|
|
16.0
|
|
Government of Newfoundland and Labrador
|
CAD
|
Canada
|
|
22
|
0.2
|
|
22.2
|
|
Total
|
|
|
11.5
|
48.2
|
4.1
|
10.8
|
74.6
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
|
|
Project Name
|
Payment Currency
|
Business Segment
|
Taxes
|
Royalties
|
Fees
|
Production Entitlements
|
Total Amount paid by Project
|
Onshore / Offshore
|
|
Oil-Well-CA-NL
|
CAD
|
Canada
|
1.2
|
29.9
|
0.2
|
|
31.3
|
Offshore-North Atlantic Ocean
|
|
Natural Gas-Well-CA-BC
|
CAD
|
Canada
|
0.9
|
12.0
|
3.2
|
|
16.1
|
Onshore
|
|
Oil -Well-CA-AB
|
CAD
|
Canada
|
9.4
|
6.3
|
0.7
|
|
16.4
|
Onshore
|
|
Oil -Well-CA-AB
|
In-Kind1
|
Canada
|
|
|
|
10.8
|
10.8
|
Onshore
|
|
Total
|
|
|
11.5
|
48.2
|
4.1
|
10.8
|
74.6
|
|
1 Payments made in-kind are reported at the monthly average sale price in Canadian dollars, which is then converted to U.S. dollars at the exchange rate as of the fiscal year ended 2025.
Murphy Oil Corporation 2025 Resource Extraction Payment Report
2
Côte d'Ivoire
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
Payee Name
|
Payment Currency
|
Business Segment
|
Fees
|
Community and Social Responsibility
|
Total Amount paid by Payee
|
|
Direction Generale des Hydrocarbures
|
USD
|
Other
|
|
2.3
|
2.3
|
|
I'Agence Nationale de l'Environment
|
USD
|
Other
|
0.1
|
|
0.1
|
|
Total
|
|
|
0.1
|
2.3
|
2.4
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
Project Name
|
Payment Currency
|
Business Segment
|
Fees
|
Community and Social Responsibility
|
Total Amount paid by Project
|
Onshore / Offshore
|
|
Oil/Natural Gas-Well-CI-AB
|
USD
|
Other
|
0.1
|
2.3
|
2.4
|
Offshore-Gulf of Guinea
|
|
Total
|
|
|
0.1
|
2.3
|
2.4
|
|
Murphy Oil Corporation 2025 Resource Extraction Payment Report
3
United States of America
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
Payee Name
|
Payment Currency
|
Business Segment
|
Royalties
|
Fees
|
Bonuses
|
Total Amount paid by Payee
|
|
US Dept Interior Natural Resources
|
USD
|
United States
|
235.6
|
1.0
|
|
236.6
|
|
US Office of Natural Resources
|
USD
|
United States
|
|
3.2
|
5.3
|
8.5
|
|
Total
|
|
|
235.6
|
4.2
|
5.3
|
245.1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
|
Project Name
|
Payment Currency
|
Business Segment
|
Royalties
|
Fees
|
Bonuses
|
Total Amount paid by Project
|
Onshore / Offshore
|
|
Oil-Well-US-LA
|
USD
|
United States
|
216.7
|
3.5
|
5.3
|
225.5
|
Offshore-Gulf of America
|
|
Natural Gas-Well-US-LA
|
USD
|
United States
|
18.9
|
0.7
|
|
19.6
|
Offshore-Gulf of America
|
|
Total
|
|
|
235.6
|
4.2
|
5.3
|
245.1
|
|
Murphy Oil Corporation 2025 Resource Extraction Payment Report
4
Vietnam
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
Payee Name
|
Payment Currency
|
Business Segment
|
Taxes
|
Community and Social Responsibility
|
Total Amount paid by Payee
|
|
Vietnam Oil And Gas Group
|
USD
|
Other
|
|
0.3
|
0.3
|
|
Cuc Thue Thanh Pho Ho Chi Minh
|
USD
|
Other
|
2.7
|
|
2.7
|
|
Total
|
|
|
2.7
|
0.3
|
3.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$USD Million
|
|
|
|
|
|
|
|
Project Name
|
Payment Currency
|
Business Segment
|
Taxes
|
Community and Social Responsibility
|
Total Amount paid by Project
|
Onshore / Offshore
|
|
Oil-Well-VN-31
|
USD
|
Other
|
|
0.1
|
0.1
|
Offshore-South China Sea
|
|
Oil-Well-VN-43
|
USD
|
Other
|
2.7
|
0.2
|
2.9
|
Offshore-South China Sea
|
|
Total
|
|
|
2.7
|
0.3
|
3.0
|
|
Murphy Oil Corporation 2025 Resource Extraction Payment Report
5