Deal Insight
Occidental spends US$2 billion in the Permian
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
What's included
This report contains:
Other reports you may be interested in
21 October 2020
Pioneer plus Parsley: what’s our Permian prognosis?
Insight
Pioneer plus Parsley: what’s our Permian prognosis?
Another one bites the dust. For the second time in as many days a Permian stalwart has been bought. One more heavyweight forged.
$1,35015 February 2017
US upstream week in brief: Pioneer and Oxy set an aggressive pace in the Permian
Insight
US upstream week in brief: Pioneer and Oxy set an aggressive pace in the Permian
Pioneer and Oxy set an aggressive pace in the Permian
$1,35011 January 2019
Global upstream M&A: 5 things to look for in 2019
Insight
Global upstream M&A: 5 things to look for in 2019
Current macro environment causes headwinds, but deals will still get done.
$1,350
