Operator · Canada Oil Sands, Cline Shale & Permian Basin
Occidental Petroleum Corp
80 articles mentioning Occidental Petroleum Corp · Page 4 of 4
Delaware Permian Well Flows 4,000 Bo/d and 4.7 MMcf/d of Gas
Today in completions we feature the "PALLADIUM MDP1 7 6 FEDERAL COM #005H" completed by Occidental Petroleum in the 2nd bone spring sand. The well was drilled to a TVD of 10,064 and a Measured depth...
Permian E&P Talks 2018 Driling & Completion Plans; 195 Wells, 13 Rigs
Oxy reported its 2018 guidance as well as its Q4 2017 results. Details: - 2018 Capex: $3.9 billion (flat from 2017) Permian Resources: $1.9 billion Permian EOR: $500 million International: $800 million Exploration / Other: $100...
Permian E&P Signs 700 Well Agreement
Schlumbger annouced on friday that it had signed an aggrement with Occidental Petroleum to develop the Northern Delaware Basin. This comes on the heels of the company's acquistion of Weatherford frac business. "We have just signed...
Energen, Resolute Lead the Pack; Drilling the Best Southern Delaware Basin Wells
Now that Q3 2017 has come to an end, we are taking a closer look at activity in the Southern Delaware Basin as well as 2018 expectations. The map below represents companies who are exploring and...
Oxy's Big New Mexico Focus Pays Off with 7 Wells Average IP-30 of 3,750 BOEPD
Occidental Petroleum released its Q3 results. Highlights include: Total production of 600 mboe/d in Q3, which was the low end of the guidance due to Hurricane Harvey Permian production was 139 mboe/d, despite losing 1,000 boe/d...
Oxy Drills Best Wolfcamp In Reeves County; Flows 3,600 Bo/d, Restricted Choke
Occidental Petroleum reported the best well drilled in Reeves county to date, the LYDA 33-40-1S STATE 16H was frac'd with 17.6 million lbs of proppant on a 10k foot lateral (1,712 lbs/ft). The company utilized a...
Oxy Shifting Focus to Northern Delaware in 2H17 After Adding 57% More Rigs
Occidental released its Q2 results where it focused primarily on its long term plans. Highlights Include: Total average daily production volumes were 601,000 boe for Q2 2017, up just 1% from the 594,000 boe in Q1...
Oxy Taps Former EOG Exec as New CFO
Oxy has named Cedric W. Burgher as its new CFO.
Permian E&P to Increase Rig Count from 7 to 12 By Year-End
Earlier this year, the company said that it was planning...
Permian Operator Flushed with Cash Adding 5 Rigs by Year-End
Highlights from the company's Q1 release and conference call include...
Oxy Bids for Vanguard's Permian Property
We would not be surpised if Parsley joins the bidding...
Oxy Taps New VP of Investor Relations; Relocates Office
Occidental Petroleum will relocate its Investor Relations office from New York to its Houston headquarters and that Richard A. Jackson has been appointed Vice President, Investor Relations.
Oxy Tags 2.4 Billion BOE in Proved Reserves; Up from 2.2 BBOE YOY
As of December 31, 2016, the company's proved reserves consisted of 56 percent oil, 17 percent NGL and 27 percent gas.
Permian Basin E&P's : 2017 Capex up 65% Across 13 Companies
We have been tracking 2017 disclosed capEx for permian focused companies. Below is list of companies that have disclosed their planned spend for 2017. 2016 $MM 2017$MM Change Occidental Petroleum Corp 3000 3550 18% Concho Resources,...
Exclusive : Eleven (11) Permian Operators Plan To Spend $13 Billion In 2017
In the Permian Basin, there are 10 operators that have added more than $2.5 Billion to their 2017 capital expenditure plans. They represent roughly a quarter of drilling activity in the basin, operating a current 64...
Sellers Revealed: Oxy's Latest $ 2 Billion Delaware Basin Acquisition
Occidental Petroleum Corporation acquired interests in leasehold acreage in the Permian Basin from private sellers
Oxy Plans Production Growth in Permian Assets for 2017
Decrease in average daily production of 8,000 BOE compared to Q2 2016 reflected lower drilling activity in Permian Resources
Permian Basin Well Cost Comparison
Shale Experts took a quick look at operators and their D&C costs for Permian (Midland and Delaware basin) basin exploration & Development programs. Lets take a look at the red hot Delaware Basin and Midland basins...
Reeves County Wolfbone Well Flows 1,250 BOPD
A horizontal well which IPed at 1,250 BOPD in Reeves County targeting the Wolfbone formation at a total depth of...
New Wolfbone Well in Reeves County IPs at 1,512 BOPD
A horizontal well which IPed at 1,512 BOPD, in Reeves County targeting the Wolfbone formation, at a total depth of...