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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 jbv8kqekVi8123JxUQTeag==

<SEC-DOCUMENT>0001181431-04-002806.txt : 20040115
<SEC-HEADER>0001181431-04-002806.hdr.sgml : 20040115
<ACCEPTANCE-DATETIME>20040115132825
ACCESSION NUMBER:		0001181431-04-002806
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031231
FILED AS OF DATE:		20040115

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DEMING CLAIBORNE P
		CENTRAL INDEX KEY:			0001166951

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08590
		FILM NUMBER:		04526843

	MAIL ADDRESS:	
		STREET 1:		ENTERGY CORP
		STREET 2:		PO BOX 61000
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70161

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MURPHY OIL CORP /DE
		CENTRAL INDEX KEY:			0000717423
		STANDARD INDUSTRIAL CLASSIFICATION:	PETROLEUM REFINING [2911]
		IRS NUMBER:				710361522
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		200 PEACH ST
		STREET 2:		PO BOX 7000
		CITY:			EL DORADO
		STATE:			AR
		ZIP:			71731-7000
		BUSINESS PHONE:		8708626411

	MAIL ADDRESS:	
		STREET 1:		200 PEACH STREET
		STREET 2:		PO BOX 7000
		CITY:			EL DORADO
		STATE:			AR
		ZIP:			71731-7000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW MURPHY OIL CORP /DE
		DATE OF NAME CHANGE:	19831115
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
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        <issuerName>MURPHY OIL CORP /DE</issuerName>
        <issuerTradingSymbol>MUR</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001166951</rptOwnerCik>
            <rptOwnerName>DEMING CLAIBORNE P</rptOwnerName>
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            <rptOwnerStreet1>200 PEACH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EL DORADO</rptOwnerCity>
            <rptOwnerState>AR</rptOwnerState>
            <rptOwnerZipCode>71730</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
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ounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Stock Option</value><footnoteId id="F5"/></securityTitle><conversionOrExercisePrice><value>42.3400</value></conversionOrExercisePrice><transactionCoding/><exerciseDate><value>2005-02-04</value></exerciseDate><expirationDate><value>2013-02-04</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>50000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>540000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Stock Option</value><footnoteId id="F5"/></securityTitle><conversionOrExercisePrice><val
ue>42.3400</value></conversionOrExercisePrice><transactionCoding/><exerciseDate><value>2006-02-04</value></exerciseDate><expirationDate><value>2013-02-04</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>50000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>590000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding></derivativeTable><footnotes><footnote id="F1">Beneficial ownership is expressly disclaimed.</footnote><footnote id="F2">Shares representing interest in Family Limited Partnership held by Trust for which Reporting Person is Trustee and a least one beneficiary is a member of the Trustee's immediate family.</footnote><footnote id="F3">Number of shares owned as of December 31, 2003.</footno
te><footnote id="F4">Stock option premium option granted under Murphy 1992 Stock Incentive Plan.</footnote><footnote id="F5">Employee Stock Option granted under Murphy 1992 Stock Incentive Plan.</footnote></footnotes><ownerSignature><signatureName>Claiborne P. Deming</signatureName><signatureDate>2004-01-15</signatureDate></ownerSignature></ownershipDocument>



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