Form SD - Specialized disclosure report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

SPECIALIZED DISCLOSURE REPORT

MURPHY OIL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-8590

71-0361522

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

9805 Katy Fwy, Suite G-200

Houston,

Texas

77024

(Address of principal executive offices, including zip code)

			Paul D. Vaughan
Vice President and Controller
			(281)			675-9000
(Name and telephone number, including area code, of the person to contact in connection with this report.)

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

☐			Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ____.
☒			Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

                                          

    

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Section 2 - Resource Extraction Issuer Disclosure

Item 2.01. Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The following information is furnished pursuant to Item 2.01, “Resource Extraction Issuer Disclosure and Report” of Form SD. The specified payment disclosure required by Form SD is included in Exhibit 2.01 to this report.

Section 3 - Exhibits

Item 3.01.  Exhibits

The following exhibit is furnished as part of this report.

Exhibit 2.01 -			Resource Extraction Payment Report as required by Item 2.01 of this Form

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Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

			MURPHY OIL CORPORATION
Date: September 23, 2024			By:			/s/ PAUL D. VAUGHAN
						Paul D. Vaughan
						Vice President and Controller

Exhibit 2.01

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.

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Exhibit 2.01

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

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Exhibit 2.01

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.

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Exhibit 2.01

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.

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Exhibit 2.01

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.

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Exhibit 2.01

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

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Exhibit 2.01

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

Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0000717423
Registrant Name	MURPHY OIL CORP
Period End Date	Dec. 31, 2023
Reporting Currency	USD

Payments, by Category - USD ($) $ in Millions	Taxes	Royalties	Fees	Prod. Entitlements	Comm. Social Resp.	Total Payments
Total	$ 9.6	$ 441.3	$ 39.0	$ 17.7	$ 1.5	$ 509.1

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($) $ in Millions		Taxes		Royalties		Fees		Prod. Entitlements		Comm. Social Resp.		Total Payments
Total		$ 9.6		$ 441.3		$ 39.0		$ 17.7		$ 1.5		$ 509.1
Oil-Well-BN-BE [Member]
Total		1.1										1.1
Oil-Well-CA-NL [Member]
Total	[1]			40.4		0.2						40.6
Natural Gas-Well-CA-BC [Member]
Total	[1]	1.9		26.0		2.4						30.3
Oil -Well-CA-AB [Member]
Total		$ 6.6	[1]	5.4	[1]	0.8	[1]	$ 17.7	[1]			30.5
Oil-Well-CI-AB [Member]
Total						1.7				1.2	[2]	1.7
Oil/Natural Gas-Well-CI-AB [Member]
Total						9.7						9.7
Oil/Natural Gas-Well-MX-TAB [Member]
Total	[3]					11.2						11.2
Oil-Well-US-LA [Member]
Total				355.3		12.1						367.4
Natural Gas-Well-US-LA [Member]
Total				$ 14.2		$ 0.9						15.1
Oil-Well-VN-43 [Member]
Total										0.2		0.2
Oil-Well-VN-29 [Member]
Total										$ 0.1		$ 0.1
[1] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023. [2] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023. [3] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023.

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($) $ in Millions		Taxes		Royalties		Fees		Prod. Entitlements		Comm. Social Resp.	Total Payments
Total		$ 9.6		$ 441.3		$ 39.0		$ 17.7		$ 1.5	$ 509.1
BRUNEI DARUSSALAM
Total		1.1									1.1
BRUNEI DARUSSALAM | Government of Brunei Darussalam [Member]
Total		1.1									1.1
CANADA
Total	[1]	8.5		71.8		3.4		17.7			101.4
CANADA | Government of Canada [Member]
Total	[1]	3.7		11.0							14.7
CANADA | Municipal District of Greenview, Alberta [Member]
Total	[1]	1.0									1.0
CANADA | Government of Alberta [Member]
Total		1.9	[1]	5.4	[1]	0.8	[1]	$ 17.7	[1]		25.8
CANADA | Government of British Columbia [Member]
Total	[1]	$ 1.9		26.0		2.4					30.3
CANADA | Government of Newfoundland and Labrador [Member]
Total	[1]			29.4		0.2					29.6
CÔTE D'IVOIRE
Total	[2]					11.4				1.2	12.6
CÔTE D'IVOIRE | Receveur des Grandes Entreprises [Member]
Total	[2]					7.7					7.7
CÔTE D'IVOIRE | Direction Generale des Hydrocarbures [Member]
Total	[2]					0.3				1.2	1.5
CÔTE D'IVOIRE | Petroci Comite de Negociation de CP [Member]
Total						3.4
MEXICO
Total	[3]					11.2					11.2
MEXICO | Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo [Member]
Total	[3]					7.2					7.2
MEXICO | Servicio de Administracion Tributaria [Member]
Total	[3]					4.0					4.0
UNITED STATES
Total				369.5		13.0					382.5
UNITED STATES | U.S. Department of the Interior [Member]
Total				$ 369.5		1.4					370.9
UNITED STATES | U.S. Office Of Natural Resources Revenue [Member]
Total						$ 11.6					11.6
VIET NAM
Total										0.3	0.3
VIET NAM | Vietnam Oil and Gas Group [Member]
Total										$ 0.3	$ 0.3
[1] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023. [2] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023. [3] The conversion to U.S. dollars is based on the exchange rate as of December 31, 2023.

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($) $ in Millions	Amount	Type	Country	Subnat. Juris.	Govt.	Project	Resource	Segment	Ext. Method	In-kind	In-kind Calc.
#: 1
	$ 1.1	Taxes	BRUNEI DARUSSALAM	snj:BN-BE	Government of Brunei Darussalam [Member]	Oil-Well-BN-BE [Member]	Oil [Member]	Other Segment [Member]	Well
#: 2
	3.7	Taxes	CANADA	snj:CA-AB	Government of Canada [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 3
	11.0	Royalties	CANADA	snj:CA-NL	Government of Canada [Member]	Oil-Well-CA-NL [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 4
	1.0	Taxes	CANADA	snj:CA-AB	Municipal District of Greenview, Alberta [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 5
	1.9	Taxes	CANADA	snj:CA-AB	Government of Alberta [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 6
	5.4	Royalties	CANADA	snj:CA-AB	Government of Alberta [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 7
	0.8	Fees	CANADA	snj:CA-AB	Government of Alberta [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 8
	17.7	Prod. Entitlements	CANADA	snj:CA-AB	Government of Alberta [Member]	Oil -Well-CA-AB [Member]	Oil [Member]	Canada Segment [Member]	Well	Yes	Monthly average sale price
#: 9
	1.9	Taxes	CANADA	snj:CA-BC	Government of British Columbia [Member]	Natural Gas-Well-CA-BC [Member]	Natural Gas [Member]	Canada Segment [Member]	Well
#: 10
	26.0	Royalties	CANADA	snj:CA-BC	Government of British Columbia [Member]	Natural Gas-Well-CA-BC [Member]	Natural Gas [Member]	Canada Segment [Member]	Well
#: 11
	2.4	Fees	CANADA	snj:CA-BC	Government of British Columbia [Member]	Natural Gas-Well-CA-BC [Member]	Natural Gas [Member]	Canada Segment [Member]	Well
#: 12
	29.4	Royalties	CANADA	snj:CA-NL	Government of Newfoundland and Labrador [Member]	Oil-Well-CA-NL [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 13
	0.2	Fees	CANADA	snj:CA-NL	Government of Newfoundland and Labrador [Member]	Oil-Well-CA-NL [Member]	Oil [Member]	Canada Segment [Member]	Well
#: 14
	7.7	Fees	CÔTE D'IVOIRE	snj:CI-AB	Receveur des Grandes Entreprises [Member]	Oil/Natural Gas-Well-CI-AB [Member]	Oil And Natural Gas [Member]	Other Segment [Member]	Well
#: 15
	2.6	Fees	CÔTE D'IVOIRE	snj:CI-AB	Petroci Comite de Negociation de CP [Member]		Oil And Natural Gas [Member]	Other Segment [Member]	Well
#: 16
	0.3	Fees	CÔTE D'IVOIRE	snj:CI-AB	Direction Generale des Hydrocarbures [Member]	Oil/Natural Gas-Well-CI-AB [Member]	Oil And Natural Gas [Member]	Other Segment [Member]	Well
#: 17
	1.2	Comm. Social Resp.	CÔTE D'IVOIRE	snj:CI-AB	Direction Generale des Hydrocarbures [Member]	Oil-Well-CI-AB [Member]	Oil [Member]	Other Segment [Member]	Well
#: 18
	0.8	Fees	CÔTE D'IVOIRE	snj:CI-AB	Petroci Comite de Negociation de CP [Member]	Oil-Well-CI-AB [Member]	Oil [Member]	Other Segment [Member]	Well
#: 19
	7.2	Fees	MEXICO	snj:MX-TAB	Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo [Member]	Oil/Natural Gas-Well-MX-TAB [Member]	Oil And Natural Gas [Member]	Other Segment [Member]	Well
#: 20
	4.0	Fees	MEXICO	snj:MX-TAB	Servicio de Administracion Tributaria [Member]	Oil/Natural Gas-Well-MX-TAB [Member]	Oil And Natural Gas [Member]	Other Segment [Member]	Well
#: 21
	355.3	Royalties	UNITED STATES	snj:US-LA	U.S. Department of the Interior [Member]	Oil-Well-US-LA [Member]	Oil [Member]	United States Segment [Member]	Well
#: 22
	14.2	Royalties	UNITED STATES	snj:US-LA	U.S. Department of the Interior [Member]	Natural Gas-Well-US-LA [Member]	Natural Gas [Member]	United States Segment [Member]	Well
#: 23
	1.4	Fees	UNITED STATES		U.S. Department of the Interior [Member]		Oil And Natural Gas [Member]	United States Segment [Member]	Well
#: 24
	11.6	Fees	UNITED STATES		U.S. Office Of Natural Resources Revenue [Member]		Oil And Natural Gas [Member]	United States Segment [Member]	Well
#: 25
	0.2	Comm. Social Resp.	VIET NAM	snj:VN-43	Vietnam Oil and Gas Group [Member]	Oil-Well-VN-43 [Member]	Oil [Member]	Other Segment [Member]	Well
#: 26
	$ 0.1	Comm. Social Resp.	VIET NAM	snj:VN-29	Vietnam Oil and Gas Group [Member]	Oil-Well-VN-29 [Member]	Oil [Member]	Other Segment [Member]	Well

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