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Houston, TX 77046
Occidental’s U.S. business is focused in the Permian Basin of West Texas and southeast New Mexico, one of the largest and most active oil basins in the United States, accounting for approximately 30 percent of the total U.S. oil production.
Oxy USA Inc. ranks #6 in wells drilled in 2022 with 288 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Oxy USA ranks #3 in air permits approved in 2022 with 76 permits in Texas.
Permian Basin Operations
Loving County, TX ranks #4 in the state for BOE produced in the most recent month (Aug 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 4,801 wells that have been drilled from Jan 1993 to Aug 2022.
Reeves County, TX ranks #2 in the state for BOE produced in the most recent month (Aug 2022). The information below is the summary of oil and gas data that goes back to 1993 and contains information on the 7,197 wells that have been drilled from Jan 1993 to Aug 2022.
Eddy County, NM ranks #2 in the state for BOE produced in the most recent month (Jul 2022). The information below is the summary of oil and gas data that goes back to 1973 and contains information on the 14,166 wells that have been drilled from Jul 1973 to Jul 2022.
The Midland Basin encompasses a 13,000 square mile area of West Texas. It contains all or parts of 20 counties in West Texas, ranging from Terry and Lynn on the north to Crockett and Schleicher on the south. Much of the tight oil development in the Midland Basin has occurred in the center of the basin, primarily in Martin, Midland, Upton, Howard, Glasscock, and Reagan counties at depths of 7,000 feet (ft) to 10,000 ft
Permit Download Center
OXY USA Inc. Wells Drilled
OXY USA Inc. Drilling Rigs Q1 2023
OXY USA Inc. Air Permits
OXY USA Inc. Permit Summary
OXY USA Inc. Operations Map
OXY USA Inc. Recent News
OXY USA operated 22 drilling rigs and drilled 132 wells in North America in Q1 2023.
Total average global production of 1,220 thousand barrels of oil equivalent per day (Mboed) for the first quarter exceeded the midpoint of guidance by 40 Mboed. Permian, Rockies & Other Domestic, Gulf of Mexico and International average daily production volumes all exceeded guidance at 579 Mboed, 264 Mboed, 171 Mboed and 206 Mboed, respectively.
Oil and gas pre-tax income for the first quarter of 2023 was $1.6 billion, compared to pre-tax income of $2.5 billion for the fourth quarter of 2022.