Murphy Oil Corporation

09/23/2024 | Press release | Distributed by Public on 09/23/2024 14:12

Specialized Disclosure Report - Form SD



Resource Extraction Payment Report

Overview

The table below summarizes the relevant payments to governments made by Murphy Oil Corporation in the year ended December 31, 2023, by country and payment type.

Amounts in $USD Millions
Country Taxes Royalties Fees Production Entitlements Community and Social Responsibility
(required by law or contract)
Total Amount paid by Country
Brunei 1.1 1.1
Canada 8.5 71.8 3.4 17.7 101.4
Côte d'Ivoire
11.4 1.2 12.6
Mexico 11.2 11.2
United States 369.5 13.0 382.5
Vietnam 0.3 0.3
Total 9.6 441.3 39.0 17.7 1.5 509.1

Details of payments made to the governments of each country are provided in the following pages.



Brunei

Amounts in $USD Millions
Payee Name Payment Currency Reporting Currency Fiscal Year Business Segment Taxes Total Amount paid by Payee
Government of Brunei Darussalam USD USD 2023 Other 1.1 1.1
Total 1.1 1.1
Project Name Payment Currency Reporting Currency Fiscal Year Business Segment Taxes Total Amount paid by Project Offshore
Oil-Well-BN-BE USD USD 2023 Other 1.1 1.1 Offshore-South China Sea
Total 1.1 1.1


Canada

Amounts in $USD Millions
Payee Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Taxes Royalties Fees Production Entitlements Total Amount paid by Payee
Government of Canada CAD USD 2023 Canada 3.7 11.0 14.7
Municipal District of Greenview, Alberta CAD USD 2023 Canada 1.0 1.0
Government of Alberta CAD USD 2023 Canada 1.9 5.4 0.8 8.1
Government of Alberta
In-Kind 2
USD 2023 Canada 17.7 17.7
Government of British Columbia CAD USD 2023 Canada 1.9 26.0 2.4 30.3
Government of Newfoundland and Labrador CAD USD 2023 Canada 29.4 0.2 29.6
Total 8.5 71.8 3.4 17.7 101.4
Project Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Taxes Royalties Fees Production Entitlements Total Amount paid by Project Offshore
Oil-Well-CA-NL CAD USD 2023 Canada 40.4 0.2 40.6 Offshore-North Atlantic Ocean
Natural Gas-Well-CA-BC CAD USD 2023 Canada 1.9 26.0 2.4 30.3
Oil-Well-CA-AB CAD USD 2023 Canada 6.6 5.4 0.8 12.8
Oil-Well-CA-AB
In-Kind 2
USD 2023 Canada 17.7 17.7
Total 8.5 89.5 3.4 17.7 101.4
1 The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023.
2 Payments made in-kind are reported at fair market value based on realized sales price in Canadian dollars, and then converted to U.S. dollars at the exchange rate as of December 31, 2023.



Côte d'Ivoire

Amounts in $USD Millions
Payee Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Fees Community and Social Responsibility
(required by law or contract)
Total Amount paid by Payee
Receveur des Grandes Entreprises XOF USD 2023 Other 7.7 7.7
Petroci Comite de Negociation de CP USD USD 2023 Other 2.6 2.6
Direction Generale des Hydrocarbures XOF USD 2023 Other 0.3 1.2 1.5
Petroci Comite de Negociation de CP XOF USD 2023 Other 0.8 0.8
Total 11.4 1.2 12.6
Project Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Fees Community and Social Responsibility
(required by law or contract)
Total Amount paid by Project Offshore
Oil/Natural Gas-Well-CI-AB XOF USD 2023 Other 8.0 8.0 Offshore-Gulf of Guinea
Oil-Well-CI-AB XOF USD 2023 Other 0.8 1.2 2.0 Offshore-Gulf of Guinea
Oil/Natural Gas-Well-CI-AB USD USD 2023 Other 1.7 1.7 Offshore-Gulf of Guinea
Oil-Well-CI-AB USD USD 2023 Other 0.9 0.9 Offshore-Gulf of Guinea
Total 11.4 1.2 12.6
1 The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023.


Mexico

Amounts in $USD Millions
Payee Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Fees Total Amount paid by Payee
Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo MXN USD 2023 Other 7.2 7.2
Servicio de Administracion Tributaria MXN USD 2023 Other 4.0 4.0
Total 11.2 11.2
Project Name Payment Currency
Reporting Currency 1
Fiscal Year Business Segment Fees Total Amount paid by Project Offshore
Oil/Natural Gas-Well-MX-TAB MXN USD 2023 Other 11.2 11.2 Offshore-Gulf of Mexico
Total 11.2 11.2
1 The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023.



United States of America

Amounts in $USD Millions
Payee Name Payment Currency Reporting Currency Fiscal Year Business Segment Royalties Fees Total Amount paid by Payee
U.S. Department of the Interior USD USD 2023 United States 369.5 1.4 370.9
U.S. Office of Natural Resources Revenue USD USD 2023 United States 11.6 11.6
Total 369.5 13.0 382.5
Project Name Payment Currency Reporting Currency Fiscal Year Business Segment Royalties Fees Total Amount paid by Project Offshore
Oil-Well-US-LA USD USD 2023 United States 355.3 12.1 367.4 Offshore-Gulf of Mexico
Natural Gas-Well-US-LA USD USD 2023 United States 14.2 0.9 15.1 Offshore-Gulf of Mexico
Total 369.5 13.0 382.5


Vietnam

Amounts in $USD Millions
Payee Name Payment Currency Reporting Currency Fiscal Year Business Segment Community and Social Responsibility
(required by law or contract)
Total Amount paid by Payee
Vietnam Oil and Gas Group USD USD 2023 Other 0.3 0.3
Total 0.3 0.3
Project Name Payment Currency Reporting Currency Fiscal Year Business Segment Community and Social Responsibility
(required by law or contract)
Total Amount paid by Project Offshore
Oil-Well-VN-43 USD USD 2023 Other 0.2 0.2 Offshore-South China Sea
Oil-Well-VN-29 USD USD 2023 Other 0.1 0.1 Offshore-South China Sea
Total 0.3 0.3