Company Report

Occidental Petroleum oil and gas exploration summary

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Conventional new field exploration very much plays a supporting role in Occidental’s growth strategy with drilling focused largely onshore around positions in Colombia and the Middle East. Its preference is for low exploration risk, in contrast to a willingness to accept much higher engineering risk. Full details are provided in our report, and all data and analysis can be downloaded in excel and pdf format.

Table of contents

  • Production and potential cost of production
  • Value creation

Tables and charts

This report includes the following images and tables:

    Production from new field discoveries as a proportion of all future productionDiscovery, development and operating costs for commercial and viable resources.Full-cycle economics
    Top 10 conventional discoveries by development value (2015-2024)Conventional spend and value by countryExploration returns by water depthConventional value creationExploration returns by year

What's included

This report contains:

  • Document

    Occidental Petroleum oil and gas exploration summary

    PDF 2.96 MB