StocksMedium•13 October 2026•
1 min read
Murphy Oil Announces New Discovery and First Production in Vietnam
Key Facts
1Murphy Oil reported a new oil discovery and the commencement of first production at the Lac Da Vang field in Vietnam.
Murphy Oil reported a new oil discovery and the commencement of first production at the Lac Da Vang field in Vietnam. Reuters reported that the company successfully reached first production at the offshore site and identified an additional discovery in the region as part of its strategy to boost global production capacity.
MUR closed at $39.38 on October 12, 2026, with the stock seeing a day high of $39.79 and a low of $38.76. These operational milestones in Vietnam reflect the company's ongoing expansion of its offshore drilling activities in Southeast Asia.