Occidental Petroleum

This article describes how Oxy developed an in-house application to handle critical production operations tasks including surveillance, optimization, downtime entry, and well testing. The application, called Nexus, allows well analysts and production engineers to manage twice the number of wells they were able to manage just 5 years ago.

The 100 million BOE-plus find will be tied back to the Heidelberg spar.

Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.

Houston-based Occidental said that one reason it is buying private producer CrownRock is to gain more access to the deep, relatively untapped Barnett formation.

New York-based BlackRock will put more than half a billion dollars into Occidental's first direct air capture project, which is now 30% completed.

This paper presents a case study of integrated geomechanical and reservoir simulation with a developed fracture conductivity calculation work flow to evaluate well spacing and completions design.

As money pours into the space, questions arise about whether the method of removing carbon from the atmosphere is the best investment.

Oxy’s 1PointFive subsidiary and ADNOC plan to assess the feasibility of building the first megaton-scale DAC facility outside of the US.

Occidental has been an investor in the Canadian climate solution firm since 2019.

The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.