Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 94

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 94
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’s fee mineral acreage is primarily undeveloped.

Occidental’s investment in developed and undeveloped acreage comprises numerous concessions, blocks and leases. Work programs are designed to ensure that the exploration potential of any property is fully evaluated before the contractual expiration date. In some instances, Occidental may elect to relinquish acreage in advance of the contractual expiration date if the evaluation process is complete and there is not a business basis for extension. In cases where additional time may be required to fully evaluate acreage, Occidental has generally been successful in obtaining extensions. Scheduled lease and concession expirations for undeveloped acreage over the next three years are not expected to have a material adverse impact on Occidental.

124 OXY 2024 FORM 10-K

table of contentsSupplemental Oil and Gas Information(Unaudited)

OIL, NGL AND NATURAL GAS SALES VOLUMES PER DAY

The following tables set forth the sales volumes from ongoing operations of oil, NGL and natural gas per day for each of the three years in the period ended December 31, 2024. The differences between the sales and production volumes per day are negligible and are generally due to the timing of shipments at Occidental’s international locations where product is loaded onto tankers. Natural gas volumes have been converted to Boe based on energy content of six Mcf of gas to one barrel of oil.

Sales per Day from Ongoing Operations (Mboe/d)202420232022United States Permian664 584 513 Rockies & Other Domestic310 271 277 Gulf of America125 145 147 Total1,099 1,000 937 InternationalAlgeria and Other International33 35 48 Al Hosn Gas91 82 73 Dolphin39 39 37 Oman66 66 64 Total229 222 222 Total Sales (Mboe/d)1,328 1,222 1,159 

 OXY 2024 FORM 10-K125

table of contentsSupplemental Oil and Gas Information(Unaudited)

Sales per Day by Products from Ongoing Operations202420232022United States Oil (Mbbl/d)Permian370 337 303 Rockies & Other Domestic96 77 82 Gulf of America105 120 122 Total571 534 507 NGL (Mbbl/d)Permian163 140 119