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 8 images and tables including:

  • Production from new field discoveries as a proportion of all future production
  • Discovery, development and operating costs for commercial and viable resources.
  • Full-cycle economics
  • Top 10 conventional discoveries by development value (2013-2022)
  • Conventional spend and value by country
  • Exploration returns by water depth
  • Conventional value creation
  • Exploration returns by year

What's included

This report contains:

  • Document

    Occidental Petroleum oil and gas exploration summary

    PDF 2.98 MB

  • Document

    Occidental Petroleum oil and gas exploration summary

    ZIP 1.24 MB