0000717423-21-000039 | 10-Q | XBRL Viewer

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2021	Jul. 31, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	1-8590
Entity Registrant Name	MURPHY OIL CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	71-0361522
Entity Address, Address Line One	9805 Katy Fwy, Suite G-200
Entity Address, City or Town	Houston,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77024
City Area Code	(281)
Local Phone Number	675-9000
Title of 12(b) Security	Common Stock, $1.00 Par Value
Trading Symbol	MUR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		154,434,953
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000717423
Current Fiscal Year End Date	--12-31

Label	Element	Value
Finance Lease, Liability, to be Paid, After Year Four	mur_FinanceLeaseLiabilityToBePaidAfterYearFour	$ 3,472,000
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	3
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	3
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	3
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	2
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	2
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	0
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	0
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	0
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	8
Projects That Have Exploratory Well Costs That Have Been Capitalized	mur_ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalized	5
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	$ 0
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	309,000
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	1,690,000
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	608,000
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	309,000
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	1,690,000
Other Comprehensive Income (Loss), Deferred Loss on Interest Rate Hedges Reclassified to Interest Expense	mur_OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense	608,000
Lessee, Operating Lease Liability, to be Paid, after Year Four	mur_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	726,103,000
Operating and Finance Leases, Liability	mur_OperatingandFinanceLeasesLiability	1,001,065,000
Operating And Finance Lease Liability, Payments, Due Year Four	mur_OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour	$ 84,279,000
Variable Interest Entity, Number of Entities	mur_VariableInterestEntityNumberofEntities	2
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	$ 5,350,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	6,079,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	840,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	1,240,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	10,706,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	12,144,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	1,680,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Excluding Curtailment And Termination Benefits	mur_DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingCurtailmentAndTerminationBenefits	2,481,000
Disposal Group, Including Discontinued Operation, Deferred Income Taxes and Other Assets	mur_DisposalGroupIncludingDiscontinuedOperationDeferredIncomeTaxesandOtherAssets	0
Disposal Group, Including Discontinued Operation, Deferred Income Taxes and Other Assets	mur_DisposalGroupIncludingDiscontinuedOperationDeferredIncomeTaxesandOtherAssets	9,441,000
Noncash Asset Retirement Obligation	mur_NoncashAssetRetirementObligation	6,669,000
Noncash Asset Retirement Obligation	mur_NoncashAssetRetirementObligation	$ 6,342,000
Number of Geographic Segments	mur_NumberOfGeographicSegments	2
Number of Revenue Streams	mur_NumberOfRevenueStreams	3
Lessee, Operating and Finance Leases, Undiscounted Excess Amount	mur_LesseeOperatingandFinanceLeasesUndiscountedExcessAmount	$ 383,797,000
Threshold For Disclosure Of Monetary Sanctions, Environmental Proceedings	mur_ThresholdForDisclosureOfMonetarySanctionsEnvironmentalProceedings	1,000,000.0
Operating And Finance Lease Liability, Payments, Due Year Three	mur_OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree	134,571,000
Disposal Group, Including Discontinued Operation, Long-Term Debt, Current Maturities	mur_DisposalGroupIncludingDiscontinuedOperationLongTermDebtCurrentMaturities	0
Disposal Group, Including Discontinued Operation, Long-Term Debt, Current Maturities	mur_DisposalGroupIncludingDiscontinuedOperationLongTermDebtCurrentMaturities	737,000
Increase (Decrease) In Capital Expenditure Accrual	mur_IncreaseDecreaseInCapitalExpenditureAccrual	20,614,000
Increase (Decrease) In Capital Expenditure Accrual	mur_IncreaseDecreaseInCapitalExpenditureAccrual	58,602,000
Tax Cuts and Jobs Act of 2017, Threshold of Deductible Compensation For Executive Officers	mur_TaxCutsAndJobsActOf2017ThresholdOfDeductibleCompensationForExecutiveOfficers	1,000,000.0
Disposal Group, Including Discontinued Operation, Long-Term Debt, Current	mur_DisposalGroupIncludingDiscontinuedOperationLongTermDebtCurrent	0
Disposal Group, Including Discontinued Operation, Long-Term Debt, Current	mur_DisposalGroupIncludingDiscontinuedOperationLongTermDebtCurrent	6,513,000
Operating and Finance Leases, Future Minimum Payments Due	mur_OperatingandFinanceLeasesFutureMinimumPaymentsDue	1,384,862,000
Disposal Group, Including Discontinued Operation, Asset Retirement Obligations, Current	mur_DisposalGroupIncludingDiscontinuedOperationAssetRetirementObligationsCurrent	0
Disposal Group, Including Discontinued Operation, Asset Retirement Obligations, Current	mur_DisposalGroupIncludingDiscontinuedOperationAssetRetirementObligationsCurrent	261,000
Gain Loss on Sale of Assets and Other Income	mur_GainLossOnSaleOfAssetsAndOtherIncome	17,059,000
Gain Loss on Sale of Assets and Other Income	mur_GainLossOnSaleOfAssetsAndOtherIncome	1,677,000
Gain Loss on Sale of Assets and Other Income	mur_GainLossOnSaleOfAssetsAndOtherIncome	18,902,000
Gain Loss on Sale of Assets and Other Income	mur_GainLossOnSaleOfAssetsAndOtherIncome	4,175,000
Operating And Finance Lease Liability, Payments, Due Year Two	mur_OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo	139,761,000
Restructuring Charges, Non-Cash	mur_RestructuringChargesNonCash	0
Restructuring Charges, Non-Cash	mur_RestructuringChargesNonCash	17,565,000
Deferred Tax Assets, Noncurrent	mur_DeferredTaxAssetsNoncurrent	457,600,000
Deferred Tax Assets, Noncurrent	mur_DeferredTaxAssetsNoncurrent	395,253,000
Operating And Finance Lease Liability, Payments, Due After Year Four	mur_OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFour	729,575,000
Operating And Finance Lease Liability, Payments, Due Year One	mur_OperatingAndFinanceLeaseLiabilityPaymentsDueYearOne	186,858,000
Lessee, Operating Lease, Lease Not Yet Commenced, Payments Due	mur_LesseeOperatingLeaseLeaseNotYetCommencedPaymentsDue	$ 90,300,000
Number Of Offsetting Positions	mur_NumberOfOffsettingPositions	0
Number Of Offsetting Positions	mur_NumberOfOffsettingPositions	0
Previously Suspended Exploration Costs (Credit)	mur_PreviouslySuspendedExplorationCostsCredit	$ 633,000
Previously Suspended Exploration Costs (Credit)	mur_PreviouslySuspendedExplorationCostsCredit	7,677,000
Operating And Finance Lease Liability, Payments, Remainder Of Fiscal Year	mur_OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	109,818,000
Amortization of undeveloped lease	mur_Amortizationofundevelopedlease	8,882,000
Amortization of undeveloped lease	mur_Amortizationofundevelopedlease	14,770,000
Disposal Group Including Discontinued Operation Other Income (Expense)	mur_DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense	(348,000)
Disposal Group Including Discontinued Operation Other Income (Expense)	mur_DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense	(1,268,000)
Disposal Group Including Discontinued Operation Other Income (Expense)	mur_DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense	(552,000)
Disposal Group Including Discontinued Operation Other Income (Expense)	mur_DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpense	(10,203,000)
Transportation, Gathering and Processing Costs	mur_TransportationGatheringandProcessingCosts	49,696,000
Transportation, Gathering and Processing Costs	mur_TransportationGatheringandProcessingCosts	41,090,000
Transportation, Gathering and Processing Costs	mur_TransportationGatheringandProcessingCosts	92,608,000
Transportation, Gathering and Processing Costs	mur_TransportationGatheringandProcessingCosts	$ 85,457,000
Operating And Finance Leases, Remaining Term	mur_OperatingAndFinanceLeasesRemainingTerm	1 year
Operating And Finance Leases, Remaining Term	mur_OperatingAndFinanceLeasesRemainingTerm	19 years
Operating And Finance Lease Terms, Period In Which Leases Have Termination Option	mur_OperatingAndFinanceLeaseTermsPeriodInWhichLeasesHaveTerminationOption	1 month
Cost Of Debt Extinguishment	mur_CostOfDebtExtinguishment	$ 36,900,000

Other Financial Information (Noncash Operating Working Capital (Increase) Decrease) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2021 USD ($)
Other Financial Information [Abstract]
Impairment of asset retirement obligation	$ 74.4

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Cover Cover Page Notes Details Other Financial Information (Noncash Operating Working Capital (Increase) Decrease) (Details) Uncategorized Uncategorized Items - mur-20210630_htm.xml All Reports