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Deal Insight

Occidental spends US$2 billion in the Permian

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07 November 2016

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:

  • Document

    Occidental spends US$2 billion in the Permian

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