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 *
COSSE STEVEN A
   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)
Senior Vice President
(Last)
(First)
(Middle)
200 PEACH STREET, P. O. BOX 7000		 3. Date of Earliest Transaction (Month/Day/Year)
02/01/2005
(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               28,124 D  
Common Stock               6,655 (1) I Trustee of Company Thrift Plan
Common Stock 02/01/2005   A   6,000 (2) A $ 0 9,500 (2) D  

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 (3) $ 28.4844             02/01/2003 02/01/2010 Common Stock 20,000   20,000 D  
Stock Option (3) $ 30.83             02/06/2003 02/06/2011 Common Stock 30,000   50,000 D  
Stock Option (3) $ 30.83             02/06/2004 02/06/2011 Common Stock 30,000   80,000 D  
Stock Option (3) $ 38.8525             02/05/2004 02/05/2012 Common Stock 25,000   105,000 D  
Stock Option (3) $ 38.8525             02/05/2005 02/05/2012 Common Stock 25,000   130,000 D  
Stock Option (3) $ 42.34             02/04/2005 02/04/2013 Common Stock 20,000   150,000 D  
Stock Option (3) $ 42.34             02/04/2006 02/04/2013 Common Stock 20,000   170,000 D  
Stock Option (3) $ 60.59             02/03/2006 02/03/2011 Common Stock 15,000   185,000 D  
Stock Option (3) $ 60.59             02/03/2007 02/03/2011 Common Stock 15,000   200,000 D  
Stock Option (3) $ 90.455 02/01/2005   A   10,000   02/01/2007 02/01/2012 Common Stock 10,000 $ 0 210,000 D  
Stock Option (3) $ 90.455 02/01/2005   A   10,000   02/01/2008 02/01/2012 Common Stock 10,000 $ 0 220,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
COSSE STEVEN A
200 PEACH STREET
P. O. BOX 7000
EL DORADO, AR 71731-7000		       Senior Vice President  

Signatures

 Steven A. Cosse'   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) Number of shares owned as of December 31, 2004.
(2) Restricted Stock issued pursuant to the Murphy 1992 Stock Incentive Plan. Reportig person has voting and dividend rights only.
(3) Employee Stock Option granted under Murphy 1992 Stock Incentive Plan.

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.