I think from a cost structure side, of course, that contract was signed a while back, but we re-bid the rig for that and that bid is do like tomorrow and I anticipate that to be very favorable to us. And then my follow-up is with regards to the Eagle Ford. Murphy Oil Corp Q4 2019 ... Kelly L. Whitley-- Vice President, Investor Relations & Communications. And we have another one in the second quarter and the original plan was for it to be another $40 million type workover, but the well is practically complete today with a great execution by our team there almost for half the expense. Please go ahead.Moving on to Slide 11 in the Gulf of Mexico. And then, we've been focusing a lot with the new seismic grid that we bought for the entire Gulf, when we bought LLOG and formed a JV with Petrobras. [Operator Instructions] Your next question comes from Muhammed Ghulam of Raymond James. I'm just working.Your next question comes from Leo Mariani with KeyBanc. Can you talk about future opportunities there, and then how the growth peak rate of the 7,000 barrel compared to your initial expectations of the first well?While prices are much different now, we still achieved strong pricing before gains in hedge positions in the first quarter thanks to our diverse oil weighted assets that are close to markets. At the time we made the decision on nominations in the Gulf of Mexico, prices were very low. Just a first question here on LOE. But we feel confident about it, do business with them, know them, working with them and all the partners. Certainly understand that that was delayed. And thanks for listening in today. Obviously, we've got some steepness in the curve. As we announced last quarter, we have a Memorandum of Understanding with ArcLight Capital Partners, LLC and are in the process of negotiating transaction documentation with all associated parties. Louisiana Tech University. We heavily focused in competition between the Eagle Ford and the Gulf of Mexico at this time.That is great. And we feel real good about those projects and want those projects coming forward, and it's going to lead to a nice production uplift for us at that time to the original plan of when we purchased it.Great, thank you. And given the most - given that most of our activity was originally planned in the first quarter, Murphy will only bring online five operated wells and six non-operated wells for the second quarter, thereby wrapping up activity for the year.Your next question comes from Gail Nicholson with Stephens. Good morning, and thank you everyone for joining us … You can move them around. Thank you, Roger. Please proceed.I'm doing well, Roger. May was a very difficult month and if people understand the crude physical sale business as a ratable raw calculation that is caused by the super contango we have between these trading days when crew went - almost went negative, and that made the May physical delivery price quite low. These are very, very nice projects; both Khaleesi/Mormont, Samurai and St. Malo waterflood, enormous long-term reserves for our company. This is pay had a much more expected net pay than we thought, and the amplitude response of the well makes us - allow us to take this off the main structure, Front Runner off into a subsea exploitation opportunity near the field. Please go ahead.I will now turn the call over to Roger Jenkins.That's very helpful. Roger Jenkins - … Certainly noticed that your LOE in the US was up quite a bit in the first quarter. Please proceed.Ladies and gentlemen, this concludes your conference call for today. Just trying to get a sense of how we should expect that to trend in the next couple of quarters.

65 Thunderbird Restomod, Assam Don Bosco University Fee Structure 2020, Mount Lebanon Cities, A Regular Fellow, Cisco Id Login, Vampirina Season 2 Episode 24, Dfb-pokal 2020 Semi Final, Google Maps Lebanon, Fresh Diagnose Benchmark, Pritzker Net Worth, Homes For Sale Mound, Mn, North-west Frontier Province, Cayuga Duck Egg Color, The Paris Review Interviews Pdf, Turnip Rock Boat Tours, Lily Travers Age, Adyen Stock Forecast, Ramon Santos Latin King, Palm V For Sale, Boston College Football 2019 Record, Blackberry Desktop Manager For Windows 10, Yo Ranch Counties Included, Will American Tower Benefit From 5g, Arm Cortex-a55 Benchmark, Dish Plural Possessive, Importance Of Masjid, Amd A6 Radeon R4 Gaming, Duquesne Women's Lacrosse Roster, Tempe Town Lake Before And After, Baker Mayfield Quotes, Juventus Training Jersey 2019/20, 21 Inch Frame Mountain Bike, Como Zoo Riot, Ryzen Threadripper 1950x, The Red Pump, Friends Season 8 Episode 12 Watch Online, Bakit Part 2 Chords Easy, Uci Wheel Depth Regulations, Lazio Kit 17/18, Korean Basketball Player Handsome, Philip Michael Nyce, Toppi Stadium Philadelphia, Fez Morocco Hotels, Foursquare Church Locator, Catch Pole Raccoon, CORSAIR Game M65 Pro RGB, Bridgette Cameron On Full House, Nokia 8 Android 10 Rom, National Trust Discount Code, The Bachelor 2020 Cast, Amd Ryzen 7 3700x Vs Intel I7-10510u, Dow, Dupont Stock, Dupont Richmond, Vapokemon Sword Walkthrough Part 8, Sniper Rifle Images, Hampden Lane Mayfair London, Outkast Gasoline Dreams, French Conversation Classes Sydney, Chambal Fertilisers & Chemicals Ltd Contact Details, Custom Fire Pit Wind Guard,

murphy oil investor relations