Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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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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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

200 PEACH STREET, P.O. BOX 7000		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2010
(Street)


EL DORADO, AR 71731-7000		 4. If Amendment, Date Original Filed(Month/Day/Year)
01/31/2011		 6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 01/02/2007   G5 455 A $ 0 652,100 D  
Common Stock 01/04/2007   G5 455 A $ 0 652,100 D  
Common Stock 01/05/2009   G5 282 A $ 0 652,100 D  
Common Stock 12/21/2009   G5 230 A $ 0 652,100 D  
Common Stock 12/07/2005   G5 435 A $ 0 45,928 I By Spouse
Common Stock 01/02/2007   G5 455 A $ 0 45,928 I By Spouse
Common Stock 01/04/2007   G5 455 A $ 0 45,928 I By Spouse
Common Stock 01/05/2009   G5 282 A $ 0 45,928 I By Spouse
Common Stock 12/21/2009   G5 230 A $ 0 45,928 I By Spouse
Common Stock 12/07/2005   G5 1,740 A $ 0 275,676 I Self, Trustee For My Children
Common Stock 01/02/2007   G5 1,820 A $ 0 275,676 I Self, Trustee For My Children
Common Stock 01/04/2007   G5 1,820 A $ 0 275,676 I Self, Trustee For My Children
Common Stock 01/26/2007   J4(1) 1,820 D $ 0 275,676 I Self, Trustee For My Children
Common Stock 06/01/2007   J4(1) 400 D $ 0 275,676 I Self, Trustee For My Children
Common Stock 01/05/2009   G5 1,128 A $ 0 275,676 I Self, Trustee For My Children
Common Stock 04/09/2009   J4(1) 564 D $ 0 275,676 I Self, Trustee For My Children
Common Stock             1,529,238 (2) I Beneficiary Of Trusts

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 2270 (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 at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DEMING CLAIBORNE P
200 PEACH STREET
P.O. BOX 7000
EL DORADO, AR 71731-7000		   X      

Signatures

/s/ Walter K. Compton, Attorney-in-Fact 03/03/2011
**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) Shares distributed to beneficiary in-kind due to termination of trust.
(2) The share total has been adjusted upward 2 shares due to a reconciliation oversight.

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

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