Occidental Petroleum
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The first direct air capture facility will debut a few months late, but that’s not a big concern for its developer.
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Dealmaking has picked up steam, especially by Oxy. Many of the announced deals by Oxy and others are in Texas and in the Gulf Coast region.
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The authors of this paper present an application of a Bayesian framework for uncertainty assessment and efficient history matching of a Permian CO2 enhanced oil recovery field for reliable production forecast.
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Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
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Methods inspired by artificial intelligence and software development help generate more ideas that add more value.
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Occidental Petroleum is considered one of the upstream industry’s most dynamic companies after making major investments to boost oil and gas production while also scaling up low-carbon technologies.
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The SPE Annual Technical Conference and Exhibition kicked off with an in-depth discussion of the challenges facing the oil and gas industry, including the energy transition and the industry’s role in it.
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When Occidental Resources switched to bigger fracture designs to produce more oil, it produced more water as well. Based on research done since, they cannot have one without the other, and at the oil prices recently seen, that’s OK.
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The project comprises a pair of subsea wells tied back to the host spar.
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The new finds could add more than 600 million BOE of gross crude reserves.