Murphy Oil’s offshore West Africa well comes up dry

February 24, 2026

(WO) — Murphy Oil has plugged and abandoned its Caracal-1X exploration well offshore Côte d’Ivoire after the well encountered hydrocarbon shows, but failed to establish commercial volumes.

The Caracal-1X well in Block CI-102 reached a total depth of 8,534 ft (2,601 m) before being declared a dry hole. The results will inform Murphy’s ongoing assessment of remaining prospectivity across its acreage position offshore Côte d’Ivoire.

Murphy holds a 90% working interest in Block CI-102 and serves as operator, with partner Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (PETROCI) holding the remaining 10%.

Despite the outcome at Caracal-1X, Murphy said it remains committed to drilling the Bubale-1X well in Block CI-709. That prospect targets a geological play independent from Civette-1X and Caracal-1X and represents the third well in the company’s current Côte d’Ivoire exploration campaign.

Murphy maintains an offshore exploration focus in West Africa alongside its onshore positions in the Eagle Ford, Tupper Montney and Kaybob Duvernay, and offshore assets in the Gulf of America and Canada.

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