Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 189

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 189
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384)$1,095 $15,604 NGL1,619 81 165 1,865 Natural gas970 (572)116 514 Total$17,482 $(875)$1,376 $17,983 International RevenueOil (b)$3,057 $(42)$(75)$2,940 NGL372 (15)33 390 Natural gas335 (7)33 361 Total$3,764 $(64)$(9)$3,691 

(a)    Results excluded "other" oil and gas revenue. See Note 2 - Revenue in the Notes to Consolidated Financial Statements in Part II Item 8 of this Form 10-K for additional information regarding other revenue.

(b)    Results included the impact of international production sharing contracts, along with the net sales volume impact from the new Algeria development agreement which took effect May 3, 2023.

44 OXY 2024 FORM 10-K

table of contentsMANAGEMENT’S DISCUSSION AND ANALYSIS

Production

The following table sets forth the production volumes of oil, NGL and natural gas per day for each of the three years in the period ended December 31, 2024, and includes a year-over-year change calculation:

Production per Day, Ongoing Operations (Mboe/d)2024Year over Year Change2023Year over Year Change2022United States   Permian664 14 %584 14 %513 Rockies & Other Domestic310 14 %271 (2)%277 Gulf of America125 (14)%145 (1)%147 Total1,099 10 %1,000 7 %937 InternationalAlgeria & Other International32 (9)%35 (26)%47 Al Hosn Gas91 10 %83 14 %73 Dolphin39 — %39 5 %37 Oman66 — %66 2 %65 Total228 2 %223 — %222 Total Production (Mboe/d) (a)1,327 9 %1,223 6 %1,159 

(a)Natural gas volumes have been converted to Boe based on energy content of six Mcf of gas to one barrel of oil. Boe equivalence does not necessarily result in price equivalence.