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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
DEMING CLAIBORNE P
  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
__X__ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
200 PEACH STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2005
(Street)

EL DORADO, AR 71730
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               245,198 D  
Common Stock               193,670 (1) I Self, Trustee for my children
Common Stock               764,768 I Beneficiary of Trusts
Common Stock               21,944 (1) I By Spouse
Common Stock               40,557.6 I Family Limited Partnership
Common Stock               107,852.11 (2) I Family Limited Partnership Trustee for my children
Common Stock               716,975.83 (2) I Family Limited Partnership Trustee for my children
Common Stock               51,602 (3) I Trustee, Company Thrift Plan
Common Stock 02/01/2005   A   23,000 (4) A $ 0 33,000 (4) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (5) $ 25.1875             02/04/1999 02/04/2007 Common Stock 30,000   30,000 D  
Stock Option (5) $ 27.7063             02/04/1999 02/04/2007 Common Stock 30,000   60,000 D  
Stock Option (5) $ 30.225             02/04/2000 02/04/2007 Common Stock 30,000   90,000 D  
Stock Option (5) $ 32.7438             02/04/2000 02/04/2007 Common Stock 30,000   120,000 D  
Stock Option (6) $ 24.875             02/03/2000 02/03/2008 Common Stock 25,000   145,000 D  
Stock Option (6) $ 24.875             02/03/2001 02/03/2008 Common Stock 25,000   170,000 D  
Stock Option (6) $ 17.8438             02/02/2001 02/02/2009 Common Stock 20,000   190,000 D  
Stock Option (6) $ 17.8438             02/02/2002 02/02/2009 Common Stock 20,000   210,000 D  
Stock Option (6) $ 28.4844             02/01/2002 02/01/2010 Common Stock 30,000   240,000 D  
Stock Option (6) $ 28.4844             02/01/2003 02/01/2010 Common Stock 30,000   270,000 D  
Stock Option (6) $ 30.83             02/06/2003 02/06/2011 Common Stock 50,000   320,000 D  
Stock Option (6) $ 30.83             02/06/2004 02/06/2011 Common Stock 50,000   370,000 D  
Stock Option (6) $ 38.8525             02/05/2004 02/05/2012 Common Stock 60,000   430,000 D  
Stock Option (6) $ 38.8525             02/05/2005 02/05/2012 Common Stock 60,000   490,000 D  
Stock Option (6) $ 42.34             02/04/2005 02/04/2013 Common Stock 50,000   540,000 D  
Stock Option (6) $ 42.34             02/04/2006 02/04/2013 Common Stock 50,000   590,000 D  
Stock Option (6) $ 60.59             02/03/2006 02/03/2011 Common Stock 40,000   630,000 D  
Stock Option (6) $ 60.59             02/03/2007 02/03/2011 Common Stock 40,000   670,000 D  
Stock Option (6) $ 90.455 02/01/2005   A   39,000   02/01/2007 02/01/2012 Common Stock 39,000 $ 0 709,000 D  
Stock Option (6) $ 90.455 02/01/2005   A   39,000   02/01/2008 02/01/2012 Common Stock 39,000 $ 0 748,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DEMING CLAIBORNE P
200 PEACH STREET
EL DORADO, AR 71730
  X     President & CEO  

Signatures

 Claiborne P. Deming   02/03/2005
**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) Beneficial ownership is expressly disclaimed.
(2) Shares representing interest in Family Limited Partnership held by Trust for which Reporting Person is Trustee and at least one beneficiary is a member of the Trustee's immediate family.
(3) Number of shares owned as of December 31, 2004.
(4) Restricted stock issued pursuant to the Murphy 1992 Stock Incentive Plan. Reporting person has voting and dividend rights only.
(5) Premium stock option granted under the Murphy 1992 Stock Incentive Plan.
(6) Employee Stock Option granted under the Murphy 1992 Stock Incentive Plan.

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