Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
COMPTON WALTER K
  2. Issuer Name and Ticker or Trading Symbol
MURPHY OIL CORP /DE [MUR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
200 PEACH STREET, P.O. BOX 7000
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2015
(Street)

EL DORADO, AR 71731-7000
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/03/2015   M   13,555 (1) (2) A $ 0 34,404 D  
Common Stock 02/03/2015   F(3)   4,993 D $ 49.65 29,411 (4) D  
Common Stock               3,626 (5) I Trustee Of Company Thrift Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (6) $ 49.65 02/03/2015   A   43,000     (7) 02/03/2022 Common Stock 43,000 $ 0 43,000 D  
Restricted Stock Unit (8) (9) 02/03/2015   A   20,000     (9)   (9) Common Stock 20,000 $ 0 63,570 D  
Restricted Stock Unit (10) (9) 02/03/2015   A   10,000     (9)(11)   (9)(11) Common Stock 10,000 $ 0 73,570 D  
Restricted Stock Unit (12) (9) 02/03/2015   M     11,070 (1) (2)   (9)   (9) Common Stock 11,070 $ 0 62,500 D  
Phantom Stock Unit (13)               (14)   (14) Common Stock 1,204 (15)   1,204 (15) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
COMPTON WALTER K
200 PEACH STREET
P.O. BOX 7000
EL DORADO, AR 71731-7000
      Executive Vice President  

Signatures

 /s/ Walter K. Compton   02/05/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Original award of 10,000 performance-based restricted stock units was adjusted by a ratio of 1.1070 on September 6, 2013 as a result of the spin-off of Murphy USA Inc.
(2) Represents Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the performance-based grant awarded under the 2007 Long-Term Incentive Plan, the total includes 109.975% of the original award, plus shares equivalent in value to accumulated dividends.
(3) Shares withheld for taxes on RSU vesting.
(4) Includes 81 shares obtained through the Company Employee Stock Purchase Plan. The information in this report is based on a plan statement dated December 31, 2014.
(5) Includes 277 shares obtained through the Company Thrift Plan. The information in this report is based on a plan statement dated December 31, 2014.
(6) Award granted under the 2012 Long-Term Incentive Plan
(7) The option vests in two equal installments, the first half two years after the original grant date and the final half three years after the original grant date
(8) Performance-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.
(9) These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date
(10) Time-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.
(11) Vest date is February 3, 2018.
(12) Performance-based restricted stock unit award granted under the 2007 Long-Term Incentive Plan.
(13) Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.
(14) 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 account at any time prior to settlement.
(15) Includes 250 shares obtained under the Murphy Oil Corporation's excess benefit plan. The information in this report is based on a plan statement dated December 31, 2014.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.