Acquisition (Tables)

12 Months Ended

Dec. 31, 2018

Acquisition [Abstract]

Preliminary Puchase Price Allocation

(Thousands of dollars)
Cash consideration paid to PAI	$	794,623
Fair value of net assets contributed		166,797
Fair value of contingent consideration		52,540
Noncontrolling interest in acquired assets		253,490
Total purchase consideration	$	1,267,450

(Thousands of dollars)
Fair value of Property, Plant, and Equipment	$	1,617,052
Other assets		10,041
Less:  Asset retirement obligations		(359,643)
Total net assets	$	1,267,450

Pro Forma Financial Information

	Years Ended December 31,
(Thousands of dollars, except per share amounts)		2018	2017
Revenues	$	2,825,169	2,816,458
Net Income Attributable to Murphy		603,231	(224,860)
Net Income Attributable to Murphy per Common Share
Basic	$	3.49	(1.30)
Diluted		3.46	(1.30)