Occidental spends US$2 billion in the Permian
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Report summary
On 31 October 2016, Occidental Petroleum Corporation (Oxy) announced it had acquired producing and non-producing leasehold acreage in the Permian Basin from private sellers. Separately, the company acquired interests in several Permian Basin enhanced oil recovery (EOR) and CO2 properties, and related infrastructure. The total purchase price for these transactions is approximately US$2 billion.
Table of contents
- Executive summary
- Transaction details
- Oil & gas pricing and assumptions
Tables and charts
This report includes 2 images and tables including:
- Oxy's potential acquired unconventional Delaware position
- Oil & gas pricing and assumptions: Table 1
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