Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 84

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 84
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 of 120 Bcf associated with management changes in development plans, mainly in the Permian Basin (100 Bcf) and international assets (18 Bcf). Further negative revisions of 52 Bcf were associated with negative price revisions, mainly in the Permian Basin.

 OXY 2024 FORM 10-K115

table of contentsSupplemental Oil and Gas Information(Unaudited)

TOTAL RESERVES MMboe (a)United StatesInternationalTotalPROVED DEVELOPED AND UNDEVELOPED RESERVES Balance as of December 31, 20212,600 912 3,512 Revisions of previous estimates481 (7)474 Improved recovery78 11 89 Extensions and discoveries166 10 176 Purchases of proved reserves10 — 10 Sales of proved reserves(21)— (21)Production(342)(81)(423)Balance as of December 31, 20222,972 845 3,817 Revisions of previous estimates 314 92 406 Improved recovery9 14 23 Extensions and discoveries149 4 153 Purchases of proved reserves31 — 31 Sales of proved reserves(2)— (2)Production(365)(81)(446)Balance as of December 31, 20233,108 874 3,982 Revisions of previous estimates (b)151 19 170 Improved recovery40 7 47 Extensions and discoveries321 5 326 Purchases of proved reserves623 — 623 Sales of proved reserves(50)— (50)Production(402)(84)(486)Balance as of December 31, 20243,791 821 4,612 PROVED DEVELOPED RESERVES December 31, 20212,012 635 2,647 December 31, 20222,112 586 2,698 December 31, 20232,117 633 2,750 December 31, 20242,546 645 3,191 PROVED UNDEVELOPED RESERVES December 31, 2021588 277 865 December 31, 2022860 259 1,119 December 31, 2023991 241 1,232 December 31, 20241,245 176 1,421 

(a)Natural gas volumes have been converted to Bo