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
Activist investor Carl Icahn formally launched on Thursday a proxy fight against Occidental Petroleum to win control of four board…
New exploration frontiers give hope to the region’s offshore market.
Is a trend of more consolidation suggested by the recent Anadarko Petroleum and Covey Park Energy takeovers to come in the A&D…
Twenty top U.S. energy companies agreed to contribute $16.5 million to open new schools in West Texas, where an influx of oil and gas…
Anadarko Petroleum shareholders will vote early August on the oil and gas producer's planned $38 billion sale to rival Occidental…
New Financings
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
Lea
NM
United States
According to IHS Market, Oxy USA Inc. has completed two high-volume, extended-lateral Delaware Basin discoveries in the Mesa Verde Field area in Lea County, N.M. The #001H Mesa Verde WC Unit is in Section 17-24s-32e. It produced 4.775 Mbbl of oil…
According to IHS Markit, an extended-lateral Spraberry well was completed by Houston-based Occidental Permian Ltd. in northwestern Glasscock County (RRC Dist. 8), Texas. The #1H Powell 1720 was tested on-pump flowing 943 bbl of oil, 632 Mcf of…
Eddy
NM
United States
Los Angeles-based Oxy USA completed a high-volume horizontal Bone Spring well on the Carlsbad Shelf of the Permian Basin in Eddy County, N.M. The Leo South Field well, #3H Misty 35 Federal Com is pumping 1.048 Mbbl of crude, 722 Mcf of gas and…
Reeves
TX
United States
A Delaware Basin-Wolfcamp discovery was announced by Oxy USA Inc. in Reeves County (RRC Dist. 8), Texas. The #1005H Betty Lou pumped 1.004 Mbbl of 42.5-degree-gravity oil, 1.206 MMcf of gas and 2.28 Mbbl of water per day. Production is from…
Howard
TX
United States
Occidental Petroleum Corp. completed a horizontal Wolfcamp well in the Spraberry Trend of Howard County (RRC Dist. 8), Texas. The #1H Hendrix pumped 620 bbl of oil, 498 Mcf of gas and 692 bbl of water per day from acid-and fracture-treated…
Transactions
Occidental Enters Four Oil Blocks In Southern Colombia
Occidental Enters Four Oil Blocks In Southern Colombia
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Occidental, Anadarko Petroleum Make It Official With Merger Agreement
Occidental, Anadarko Petroleum Make It Official With Merger Agreement
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion