Occidental Petroleum

The report from the Oil and Gas Climate Initiative presents data showing that its 12 member companies have reduced aggregate upstream methane intensity by 62%, routine flaring by 72%, and carbon intensity by 24% since 2017.

The transaction supports Occidental Petroleum's operations in the Permian Basin and its enhanced oil recovery program.

The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.

This paper investigates condensate-banking effects on well performance by conducting field-modeling studies on Delaware Basin deep Wolfcamp condensate producers using compositional simulation models with hydraulic fractures.

Secondary and tertiary efforts are critical for sustaining the productive lives of unconventional plays.

The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million.

The agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive’s Pelican Sequestration Hub in Louisiana.

Leaders at OTC 2025 warned that tariffs and supply chain strains threaten offshore project economics despite record global output.

New strategies for protecting metal infrastructure emerge as operators fine-tune a corrosion threat screening process and develop a new method for tracking inhibitor effectiveness.

The storage permits, the first of their kind, allow the Stratos facility to move forward with plans to capture and store up to 500,000 tonnes of carbon dioxide per year.