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
Offshore oil and gas producers Chevron, BP, Occidental Petroleum and Hess on Sept. 26 said they had taken precautions ahead of…
Stephen Chazen previously served as president and CEO of Occidental Petroleum and later founded Magnolia Oil & Gas following his…
Occidental Petroleum CEO Vicki Hollub said that carbon capture, utilization and storage practices will help the company bridge the…
The direct air capture plant is set to be located in Ector County, Texas, near Occidental Petroleum’s portfolio of acreage and…
Also in this week’s A&D Minute: Warren Buffett receives the green light to buy half of Occidental Petroleum plus Phillips 66…
New Financings
Commenced cash tender offers to purchase for cash outstanding notes in three separate pools. Occidental’s…
Commenced cash tender offers to purchase its outstanding notes in two separate pools limited to an…
Commenced cash tender offers to purchase up to a maximum combined aggregate purchase price of $2 billion…
Commenced offer to purchase for cash up to a maximum aggregate purchase price, excluding accrued but…
Occidental Petroleum Corp. announced the expiration and final results of (i) the offers to exchange any…
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 Sells Ghana Asset to GNPC for $200 Million
Occidental Sells Ghana Asset to GNPC for $200 Million
Occidental Sells Ghana Asset to Kosmos for $550 Million
Occidental Sells Ghana Asset to Kosmos for $550 Million
Occidental Sells Permian Acreage to Colgate for $508 Million
Occidental Sells Permian Acreage to Colgate for $508 Million
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