Occidental Petroleum Corp.
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Occidental is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental’s midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. The company’s wholly owned subsidiary OxyChem manufactures and markets basic chemicals and vinyls.
Editor's note: July 16, 2019.
Symbol(s)
Headquarters Address
5 Greenway Plaza, Suite 110
Houston, TX 77046
United States
Website
www.oxy.comMain Phone Number
News
The resolution will clear the way for the Biden administration to slash U.S. greenhouse gas emissions.
Oil and gas companies worldwide are increasingly trying to market their products as cleaner, including by buying credits, powering…
Today’s featured 25 Influential Women in Energy honoree is Marcia Backus, senior vice president, general counsel and chief compliance…
Instead of a carbon tax, Vicki Hollub, CEO of U.S. shale producer Occidental Petroleum, says she prefers the use of tax credits…
“A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers…
New Financings
Occidental Petroleum Corp. announced the expiration and final results of (i) the offers to exchange any…
Commenced offers to exchange any and all validly tendered and accepted notes of the 23 series of…
Sold senior notes in three tranches, with Bank of America Merrill Lynch, Barclays and JP Morgan as joint…
Increased its buy back from 40 million to 55 million shares at approximately US$47.50 each.
Activity Highlights
Eddy
NM
United States
A Purple Sage Field-Wolfcamp completion in Eddy County, N.M., was announced by Oxy USA Inc. Located in Section 17-24s-29e, the #037H Salt Flat CC 20-29 Federal Com produced at a daily flow rate of 5,202 bbl of oil, 11.096 cu ft of gas and 9,516…
Howard
TX
United States
Occidental Petroleum Co. announced results from two more completions from its Santana pad in Howard County (RRC Dist.8), Texas. The Spraberry Field pad is in Section 24, Block A, Bauer & Cockrell Survey, A-573. The #1H Santana 2432D was…
Howard
TX
United States
In Texas’ Howard County (RRC Dist. 8), Houston-based Occidental Petroleum Co. completed two Spraberry Field wells from a pad in Section 24, Block A, Bauer & Cockrell Survey, A-573. The #1H Santana 2430D flowed 1.162 bbl of 37° API oil, 1.…
Eddy
NM
United States
A Wolfcamp well in Eddy County, N.M., was tested flowing 4,544 bbl of oil, 10.925 MMcf of gas and 9,581 bbl of water per day. Oxy USA Inc.’s #036H Corral Fly 35-26 Federal Com is in Section 2-25s-29e. The Purple Sage Field well was drilled to 20,…
Eddy
NM
United States
Oxy USA Inc. announced results from a Purple Sage Field discovery in New Mexico’s Eddy County. The #175H Iridium MDP1 28-21 Federal Com. It produced 3,436 bbl of oil, 9.849 MMcf id gas and 6,351 bbl of water per day. Gauged on a 20/64-inch choke…
Transactions
Occidental Petroleum Grows Middle East Presence with Abu Dhabi Deal
Occidental Petroleum Grows Middle East Presence with Abu Dhabi Deal
Occidental Petroleum to Sell Colombia Onshore Assets for $825 Million
Occidental Petroleum to Sell Colombia Onshore Assets for $825 Million
Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets
Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets
Occidental Forms $1.5 Billion Permian Basin JV With Ecopetrol
Occidental Forms $1.5 Billion Permian Basin JV With Ecopetrol
Occidental Petroleum Sells Noncore Assets For $200 Million
Occidental Petroleum Sells Noncore Assets For $200 Million