SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* MURPHY ROBERT MADISON (Last) (First) (Middle) 200 PEACH STREET P.O. BOX 7000 (Street) EL DORADO 71731-7000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MURPHY OIL CORP /DE [ MUR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock	06/14/2005		G	4,900	D	$0	639,244(1)	D
Common Stock	12/31/2005		J	64(2)	A	$0	10,235	I	Trustee for Murphy Thrift Plan
Common Stock							1,446,076	I	Beneficiary of Trusts
Common Stock							67,680	I	By Spouse
Common Stock							190,214.8	I	Trustee for my children
Common Stock							34,220	I	Others as Trustee for my children
Common Stock							392,076	I	Limited Partnership
Common Stock							2,475,080	I	Co-Trustee of Family Trusts

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Unit	$0(3)	12/31/2005		J	80		(4)	(4)	Common Stock	80	$0	80	D

Explanation of Responses:

1. In the past on Table I, Common Stock for Restricted Awards Directly Owned was reported as 1 line item. All other Direct Common Stock was reported as a second line item. Going forward, 1 line item for all Common Stock acquisitions and/or dispositions directly owned will be reported as a combined total as is stated on this current Form.

2. Shares obtained through Company Thrift Plan.

3. Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

4. The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment acount at any time prior to settlement. These shares were previously included with indirectly held Thrift Plan shares on Table I.

Remarks:

With reference to Table I, the reporting person previously included an indirect beneficial ownership of 1,247,592 shares held by the Murphy Foundation, a private foundation. As the reporting person has no reportable pecuniary interest in these securities, they have been omitted.

	Robert Madison Murphy	02/10/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.